A developing relationship with Africa
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 4 December 2024
⏱️ 9 minutes
🧾️ Download transcript
Summary
President Joe Biden today announced an additional $600 million investment in a rail project that will connect multiple African countries. It will expand U.S. access to important minerals like cobalt and copper. But will it be enough to counter China’s dominance over the critical minerals supply chain? We’ll get into it. Plus, why President-elect Donald Trump’s trade adviser pick is giving us serious deja vu. And, Dylan Bachelet, the “Jack Sparrow” of “The Great British Baking Show,” is making us smile.
Here’s everything we talked about today:
- “Biden in Africa pledges millions more for a rail project the US hopes will boost its influence there” from AP News
- “Biden Hopes Train Project in Angola Defines Africa Legacy” from The New York Times
- “Trump picks Peter Navarro as top trade advisor” from CNBC
- “Q&A With Dylan Bachelet of ‘Great British Baking Show’” from The New York Times
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Transcript
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| 0:00.0 | I'm ready if you're ready. |
| 0:01.8 | I'm ready. |
| 0:02.6 | All right. |
| 0:09.2 | Hey, everybody. |
| 0:10.0 | I'm Kyle Rosedahl. |
| 0:10.7 | Welcome back to Make Me Smart. |
| 0:12.2 | Where we make today. |
| 0:13.9 | Yes, make sense. |
| 0:14.8 | Yes. |
| 0:16.3 | And I'm Kimberly Adams. |
| 0:17.7 | Thank you for joining us on this Wednesday. |
| 0:19.9 | It's December the 4th. |
| 0:21.2 | We are going to do some news, a smile or two perhaps, and get you on your merry way. Kimberly |
| 0:27.1 | Adams, what do you got? I have been very fascinated by Biden's trip to Africa and all of the |
| 0:34.2 | discussion around it. It relates to what we were talking about earlier this week about, |
| 0:38.9 | you know, China and the minerals and all the chip drama and everything like that. |
| 0:45.6 | That is actually one of the reasons that Biden is in Africa right now. |
| 0:48.8 | So one of the big announcements coming out of this trip is $600 million that Biden pledged for, as the AP puts it, an ambitious multi-country rail project in Africa as one of the final foreign policy moves of his administration. |
| 1:05.5 | And it's always funny when I see American press referring to Africa as resource rich, which often is tied in there. |
| 1:14.6 | But later on in the story, it says, |
| 1:16.9 | The corridor, which will likely take years to complete, gives the U.S. better access to cobalt, copper, and other critical minerals in Congo and Zambia that are used for batteries and electric vehicles, electronic devices, and |
| 1:28.2 | clean energy technologies that Biden said would power the future. China is dominant in mining |
... |
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