Trump expands US investment firepower to $205 billion as Washington targets African minerals
The United States has expanded the investment capacity of its main international development finance agency to $205 billion, giving President Donald Trump’s administration considerably more financial firepower to pursue energy, technology and critical-mineral projects overseas. Africa is expected to remain an important part of that strategy.
By Ayodeji AdegboyegaSouth Africa
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US President Donald Trump’s administration is expanding Washington’s use of investment capital to secure critical minerals and challenge China’s influence. Alex Wong/Getty Images
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About this article
- Length
- 23 words · 1 min read
- Published
- October 27, 2026
- Byline
- Ayodeji Adegboyega
- Source
- Business Insider