China Invests $16.3 Billion in Africa's Critical Minerals Sector
China is increasing its investments in Africa's critical minerals sector, committing over $16 billion to projects in mineral processing and manufacturing. A report from Development Reimagined indicates that Chinese investments in Africa total $41.2 billion across 32 projects in 15 countries, with 19 projects focused on value addition. While these investments could bolster local industries and job creation, they also risk deepening China's control over vital supply chains. The competition with the United States for access to these resources is intensifying, as both nations seek to secure materials essential for industrial and technological development. The outcome of this rivalry may provide African governments with leverage to negotiate better agreements, but questions remain about whether Africa will gain true control over its mineral wealth or remain dependent on external influences.
Published 8 hours ago • 07 Nov 2026, 11:05 PM IST