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Trump’s second term: A rare opportunity for real African energy independence
Cape Times
|April 02, 2025
DONALD Trump’s return to the White House in 2025 marks a defining moment for Africa’s fossil fuel industry. Within weeks of his inauguration, his administration rescinded a $4.7 billion Rescue loan from the US Export-Import Bank (Exim) for TotalEnergies’ Liquified natural gas (LNG) project in Mozambique.
This landmark, first greenlit during Trump’s initial term in 2020, languished under President Joe Biden’s tenure, reflecting the latter’s aversion to fossil fuel initiatives. The swift revival of this deal signals a new era of US-Africa collaboration — one that prioritizes energy development over ideological inertia, and will bolster Mozambique’s economy, create jobs, and position the country as a key LNG exporter. More broadly, it sends a powerful message to other African nations: under Trump, America is again open for business.
This contrasts sharply with Biden’s administration, which viewed fossil fuel development with suspicion, often prioritizing climate rhetoric over practical partnerships. Trump’s “drill baby drill” mantra, though rooted in an “America First” philosophy, dovetails neatly with Africa’s own energy aspirations. The continent should seize this mindset, positioning itself as a prime destination for American investment.
Coal’s Potential Resurgence
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