February 2026

Shifting External Leverage in Africa

Summary: Throughout Africa, China is consolidating its influence by shifting from sovereign lending to entrenched trade dominance and structural industrial leverage. The United States is attempting to retain relevance through short-term, conditional trade tools rather than large-scale economic commitments. African nations are struggling with debt repayments, making them financially less flexible while deepening their trade dependence on China.

Continue reading with a GeoEconomic Lens subscription

Get full access to in-depth geopolitical and economic analysis from our team of analysts.