Ticket prices increase in:

South Africa and Nigeria absent from African Summit at The White House

10 Jul 2025 | Market News

A summit-style meeting between several African nations and the United States concludes today.

President Donald Trump has met with leaders from five West African nations: Gabon, Guinea‑Bissau, Liberia, Mauritania, and Senegal. 

This high-profile gathering came amid Trump’s expansion of “reciprocal” tariffs targeting 14 countries; South Africa, although not invited to this session, faces a steep 30% import tariff set to begin on 1 August.

Trump framed the meeting as a pivot: “from U.S. aid to trade”. In Trump’s view, “charity-based” foreign aid has failed, and sustainable growth depends on commerce.

“We're shifting from aid to trade … far more effective and sustainable and beneficial than anything else that we can be doing together,” he declared.

All five nations are rich in natural resources - manganese, iron ore, lithium, cobalt, oil, potash.

President Trump has repeatedly stated the U.S. is a better partner than China, tapping into growing concern over Beijing’s economic footprint in Africa. “We treat Africa far better than China or anybody else,” he asserted.

In a concrete outcome, the U.S. International Development Finance Corp (DFC) announced funding for the Banio Potash Mine in Gabon, marking a tangible shift towards the trade and investment agenda.

Donald Trump’s mini‑summit with five West African heads of state was more than a photo-op. It was the opening act of a recalibrated U.S. policy: shifting from charity to commerce, pressuring some partners with tariffs, and wooing others with investment.

Whether this results in real economic transformation - or just political theatre - remains to be seen. The DFC-backed potash deal is promising, but true success depends on follow-through: removal of punitive tariffs, expanded trade access, and a new narrative of partnership over patronage.

The DFC investment is a start, but real proof of commitment lies in expanding trade deals, increasing U.S. private sector interest, and reversing tariff/visa trends.

African leaders are now under pressure to leverage this newfound attention - both in Washington and Beijing. Their future posture will depend on how much real economic benefit they can extract.

If a broader summit happens in September, as suggested by Trump, it could redefine U.S.–Africa relations, but only if actual trade agreements are finalized rather than just announced.


Gabon

Critical minerals for U.S. EV supply chain: Manganese and potash are essential for EV batteries and fertilizers.

Energy diplomacy: Gabon’s declining oil output still offers partnerships in gas-to-power infrastructure and downstream refining.

Green partnership: Gabon's strong climate record (carbon sink forests) + mineral wealth = case for “green mining” partnerships.

DFC backing: The U.S. International Development Finance Corporation already pledged support for Gabon’s Banio Potash project - Gabon's leadership can push for more investment and tech transfers.


Guinea-Bissau

  • Bauxite (untapped reserves in the east)
  • Phosphates
  • Heavy mineral sands (titanium, zircon)
  • Potential offshore oil and gas (underexplored)


Greenfield opportunity: U.S. firms could be offered first-mover advantage in an underexplored resource jurisdiction.

Strategic location: As a transshipment route for West Africa, investment in logistics, ports, and mining can benefit broader U.S. trade aims.

Anti-narcotics alignment: Guinea-Bissau’s history as a drug transit hub makes it a candidate for security-linked development incentives.

Resource-for-infrastructure deals: Guinea-Bissau can push for infrastructure upgrades in exchange for exclusive U.S. mineral access.


Liberia

  • Iron ore (Nimba, Bong, Yekepa deposits)
  • Gold (commercial production underway)
  • Diamonds (alluvial; underregulated)
  • Bauxite
  • Potential offshore oil and gas


Iron ore revival: Liberia has rail-accessible iron ore projects, key for U.S. infrastructure and construction supply chains.

Legacy ties: Liberia’s historic connection with the U.S. gives it moral leverage to seek favourable trade terms and infrastructure support.

Midstream infrastructure: Liberia can seek U.S. support to build smelters or beneficiation plants, reducing reliance on raw exports.

Gold trade compliance: Liberia can offer responsible sourcing guarantees to appeal to U.S. buyers needing traceable supply chains.


Mauritania

  • Iron ore (operated by SNIM; major global supplier)
  • Gold (Tasiast mine – Kinross)
  • Copper
  • Phosphates
  • Uranium
  • Gas (BP–Kosmos partnership on offshore Grand Tortue Ahmeyim field)


Gas diplomacy: Mauritania’s LNG potential is highly strategic as Europe and the U.S. seek alternative energy sources.

Iron ore access: With Chinese and French interests present, Mauritania can push the U.S. for competitive offtake agreements.

Energy transition materials: Copper and uranium position Mauritania well to supply clean energy technologies.

Security partner: As a Sahel border nation, Mauritania could ask for U.S. technical and security investment in exchange for access to strategic resources.


Senegal

  • Gold (Sabodala–Massawa)
  • Zircon, ilmenite, rutile (mineral sands)
  • Phosphates (world-class deposits in Taiba and Matam)
  • Iron ore (undeveloped Falémé project)
  • Oil & Gas (Sangomar offshore field, GTA LNG with Mauritania)


Fertilizer diplomacy: With phosphates critical for U.S. agriculture, Senegal can negotiate long-term export deals and local fertilizer production partnerships.

Critical minerals: Titanium and zirconium sands are needed for aerospace, solar panels, and pigments—vital for U.S. industry.

LNG hub: Senegal can frame itself as a regional gas partner for U.S. firms like Kosmos and Woodside, offering long-term energy contracts.

Tourism & soft power: With political stability and cultural capital (Dakar), Senegal can offer broader investment opportunities - like ecotourism, golf resorts, and tech parks - if minerals are just the “entry point”.
 

Join Us at Mining Indaba 2026

Mining Indaba 2026 is where African and global mining leaders come together to connect and shape the future. Exhibit, sponsor, or register today —don’t miss out!

Exhibit or sponsor Secure your ticket
Share on socials
Back