The Aporia
The US Development Finance Corp approved up to $414 million in financing for Canadian miner Global Atomic's Dasa uranium project in Niger, two years after US troops were expelled from the country. This move is seen as a diplomatic victory for Washington, aiming to strengthen its strategic uranium supply amid tensions with French-backed Orano, which has long dominated Niger's uranium sector. The approval comes at a time when relations between the US and Niger have been strained since a military coup in 2023 led to the withdrawal of American forces and an increased reliance on Russian paramilitaries for security. This investment is part of broader US efforts to counter China’s growing influence in Africa, where trade with China has surged by over 17% last year to almost $350 billion.