US President Joe Biden has begun a historic three-day visit to Angola, aiming to bolster ties with the resource-rich nation and counter China’s influence. The trip focuses on energy partnerships and critical mineral supply chains as Biden seeks to reinforce US presence in Africa.
Angola, a leading oil and gas producer with 9 billion barrels of proven crude reserves, has a sector dominated by international giants like TotalEnergies and Chevron. Biden’s visit may pave the way for increased American investment in oil infrastructure, aligning with the pro-fossil fuel stance of President-elect Donald Trump.
The visit comes amid volatile oil markets, with crude prices recently falling to three-year lows due to oversupply and easing tensions in the Middle East. Biden’s trip also highlights the US-backed Lobito Corridor, an 800-mile railway linking Angola, the Democratic Republic of Congo, and Zambia, designed to transport critical minerals like copper and cobalt to the West.
The project is part of a US strategy to reduce dependence on China’s Belt and Road Initiative and ensure stable supplies for electric vehicle production. Biden’s administration has pledged $55 billion in African investments, directly challenging China’s $50 billion commitment.
Biden is also addressing issues like public health and agriculture, as his administration wraps up its engagement in Africa while handing over a strategic agenda to the next administration.