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US hasn’t lost to China in Africa, DFC CEO says

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Morganbesser, L. (2026, September 22). US hasn’t lost to China in Africa, DFC CEO says. Semafor. https://www.semafor.com/article/09/22/2026/us-hasnt-lost-to-china-in-africa-dfc-ceo-says

Dated when The Aporia collected the article, usually within hours of publication. Check the original for its exact date and byline.

Semafor · collected 2026-09-22 · by Lauren Morganbesser

Quick Summary

US International Development Finance Corporation CEO Ben Black stated during an event in New York that the United States can still compete with China in African markets despite Beijing's established presence there. He highlighted recent investments like digital networks in Africa and energy storage projects in Ukraine as examples of how the DFC is effectively balancing risk and value for American taxpayers. For instance, a $414.2 million investment in a uranium project in Niger by Global Atomic demonstrates how such deals meet US strategic interests while ensuring financial returns.
Written by AI on 2026-09-22, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

US International Development Finance Corporation CEO Ben Black stated that the United States can still compete with China in African markets despite Beijing's established presence. Speaking at The Next 3 billion conference in New York, he highlighted recent investments by the DFC in African digital networks, Ukrainian energy storage, and uranium in Niger as examples of successful engagement. Black argued that Washington can manage risky international investments while benefiting American taxpayers. When asked if the US had lost to China due to extensive Chinese investment across Africa, he maintained optimism, citing a recent DFC investment in WIOCC Group, a pan-African digital infrastructure company. He emphasized the importance of building on "US-friendly rails" for future technological developments like AI in Africa.

Written for “US China Competition Africa” on 2026-11-03, grounded in this article and the 0 other(s) covering the same event.

Story

📰 US China Competition Africa
Politics · 1 article(s) covering the same event.

Compared with similar articles

This article reads unscored and hedges 0% of its claims. Each row says how that neighbour differs.
Semafor
⚖️ Centre Hedges 1 of 4 claims Outlet record 59/100
“The articles discuss different aspects of US investment strategies and initiatives in Africa aimed at challenging China's influence. Article A focuses on the approval of new investments, while Article B features a CEO discussing broader efforts to compete with China.”
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
21
sentences that state something as happening or true
Uncertain
0%
0 of 21 hedged ("reportedly", "may", "according to")
Leaning
withheld
no quote in the article backed the model's score
Publisher signals
59/100
Semafor's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Politics
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-09-22 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

Semafor · 1432 article(s) · 3 correction(s) detected
Running correction rate · 3 correction(s)

Who wrote this

Lauren Morganbesser
28 article(s) here · 1 carrying a prediction
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🔮 “As we get to AI investment and the future of technology across Africa, not building on US-friendly rails would be madness,” he said.
2026-09-22 · assertive framing · US hasn’t lost to China in Africa, DFC CEO says
Also by Lauren Morganbesser
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 28 articles by Lauren Morganbesser →

Topics

American Chinese DFC Niger Ukraine

Subjects

Black NORP · 9× DFC ORG · 4× Niger GPE · 3× American NORP · 2× Chinese NORP · 2× Ukraine GPE · 2× Beijing GPE · 1× Ben Black PERSON · 1× China GPE · 1× International Development Finance Corporation ORG · 1×

Narrative

The US can still compete with China in markets where Beijing has an established foothold, US International Development Finance Corporation CEO Ben Black said Tuesday, arguing that Washington can take on risky investments abroad while also delivering value to American taxpayers.
framing: assertive · carried by 1 article(s) · first seen 2026-09-22
🔮 “As we get to AI investment and the future of technology across Africa, not building on US-friendly rails would be madness,” he said.
2026-09-22 · Semafor
US hasn’t lost to China in Africa, DFC CEO says · assertive framing

Claims (21 extracted, 0 hedged)

The US can still compete with China in markets where Beijing has an established foothold, US International Development Finance Corporation CEO Ben Black said Tuesday, arguing that Washington can take on risky investments abroad while also delivering value to American taxpayers. asserted
Washington → compete → taxpayers
In conversation with Semafor’s Prashant Rao at The Next 3 Billion in New York, Black pointed to recent investments in African digital networks, Ukrainian energy storage, and uranium in Niger as examples of how the DFC is striking that balance. asserted
DFC → point → balance
One of the clearest tests, he said, is investing in Africa’s digital infrastructure, where Chinese companies like Huawei have already established a major presence. asserted
companies → say → presence
Asked whether the US has effectively lost that competition given the extent of Chinese investment across the continent, Black insisted the US can still claw back ground. asserted
US → ask → ground
“Just because you fell behind at one point doesn’t mean you cede the entire territory on the ground,” Black said, pointing to the recently announced investment in WIOCC Group, a pan-African digital infrastructure company. asserted
Black → fall → Group
“As we get to AI investment and the future of technology across Africa, not building on US-friendly rails would be madness,” he said. asserted
he → get → rails
“And so when you have that room to do that, you’re not ceding all the territory. asserted
you → have → territory
You can only grow further from there.” asserted
You → grow → ?
The same logic also drives the DFC’s recent investments in Ukraine and Niger, Black said, emphasizing the need to structure deals around the risks inherent in those markets. asserted
Black → drive → markets
In Ukraine, the DFC is backing an energy-storage project that will use American battery technology to help strengthen the country’s power grid. asserted
that → back → grid
“We’re promoting US batteries, which is a very, very hard thing to do,” Black said. asserted
Black → promote → batteries
“At the same time, you’re building in redundancy and resilience because that’s some unsafe territory. asserted
that → build → redundancy
So you have to underwrite deals that expect problems and hiccups in the road.” asserted
that → have → road
The DFC’s recent deal in Niger, where the agency approved up to $414.2 million in financing for Canadian miner Global Atomic’s Dasa uranium project, required similar safeguards. asserted
agency → approve → safeguards
Black said the financing is subject to multiple conditions before money can be disbursed. asserted
money → say → conditions
“There are a lot of preconditions on the deal,” Black said. asserted
Black → be → deal
“But at the same time, it’s meeting a great need for US energy. asserted
it → meet → energy
It can power a lot of the renaissance in nuclear [energy] that is going on.” asserted
that → power → energy
Black argued that the investments would ultimately advance US interests abroad and deliver tangible benefits to Americans. asserted
investments → argue → Americans
“It’s making a profit for the US taxpayer and meeting our strategic interests and those of our allies,” Black said. asserted
Black → make → allies
“Ultimately, we are always paid back.” asserted
we → pay → ?
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