Why is the U.S. gaining momentum in financing African railway projects?
The discussion regarding increasing rail competition between the U.S. and China in Africa is not new. Recent months have seen the unfolding of U.S.-led initiatives to finance and develop railway projects of great freight significance in the continent. At the same time, Chinese investments that have been a staple in the region for years seem to be receding. Is this a matter of shifting Chinese focus or more efficient financial and investment partnerships for African countries?
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