Africa is becoming a strategic battleground for global powers. China has invested significantly in infrastructure projects like the Grand Ethiopian Renaissance Dam, while the US is focusing more on rare earth mining and expanding internet coverage. The EU is channeling funds to renewable energies.

But while the bloc has the most direct investment projects right now, Chinese companies dominate consumer markets with affordable smartphones, and US tech giants like Microsoft and Google are expanding connectivity. Experts warn that Europe must streamline funding processes and boost competitiveness to maintain influence in Africa’s rapidly evolving economy.

 

This video summary was created by AI from the original DW script. It was edited by a journalist before publication.