Angola - Copperbelt Katanga Mining

U.S. Reaffirms Support for Lobito Corridor to Boost DRC and Regional Economies

April 27, 2025April 27, 2025 Constance0 comment

On April 17, 2025, U.S. Senior Advisor Massad Boulos announced that Washington would continue supporting the Lobito Corridor, a major rail and road project connecting the Democratic Republic of Congo’s (DRC) mineral-rich regions to Angola’s Atlantic port. The statement followed his visit to the DRC, Rwanda, Uganda, and Kenya. “We fully support the Lobito Corridor, a huge project vital not only for the economies of Congo, Zambia, and Angola but for the entire region,” Boulos said during a press briefing. He noted that the U.S. Development Finance Corporation is a… Read More Here

Copper Angola Mining in DRC Transport and Logistics

Angola to Anchor New Africa-Latin America Copper Route

April 23, 2025April 23, 2025 Constance0 comment

The multinational company PLASFER, which specializes in raw material exports, is advancing administrative and technical processes to leverage the Lobito Corridor as a “New Copper Industry Export Route.” This strategic logistics route aims to connect the Democratic Republic of Congo (DRC), Angola, Latin America, and Europe. PLASFER has spent over three years developing an innovative project in the DRC, in collaboration with partners across Europe and the Americas. The company considers this new logistics initiative one of the most significant developments in African trade in the past 50 years, as… Read More Here

Transport and Logistics Angola Mining in DRC Mining in Zambia

EU Highlights Lobito Corridor’s Role in Boosting Trade and Youth Opportunities in Southern Africa

April 14, 2025April 14, 2025 Constance0 comment

The Lobito Corridor can strengthen trade and investment opportunities for Angola, Zambia, and the Democratic Republic of Congo, said the European Union (EU) Ambassador to Angola, Rosário Bento Pais, on Thursday in Luanda. Speaking at the launch of four EU-funded youth entrepreneurship projects in Luanda, the ambassador emphasized that the corridor has the potential to drive economic diversification and create job opportunities for young people across Angola, Zambia, and the DRC. She noted that the European Union is guided by its Global Gateway strategy—an initiative aimed at mobilizing critical and… Read More Here

Mining in Zambia Angola Mining in DRC Transport and Logistics

U.S. Reaffirms Commitment to Lobito Corridor Investments

April 2, 2025April 2, 2025 Constance0 comment

The United States has reaffirmed its commitment to continuing investments along the Lobito Corridor, confirmed the U.S. Chargé d’Affaires in Angola and São Tomé and Príncipe during his visit to Huambo on Tuesday. James Story, after meeting with Governor Pereira Alfredo, stated that his three-day visit to the Lobito Corridor projects is part of an initiative that includes 16 ambassadors from various countries. This visit aims to demonstrate the U.S. government’s commitment to supporting the development of the Corridor, promoting prosperity for both the Angolan government and its people. “U.S.… Read More Here

Transport and Logistics Angola Mining in DRC Mining in Zambia

U.S. Aid Freeze Puts Africa’s Critical Minerals Corridor at Risk

February 21, 2025February 21, 2025 Constance

A billion-dollar expansion of Africa’s most strategic U.S.-backed critical minerals project is now in limbo due to a foreign aid freeze under the Trump administration—creating an opening for China to expand its influence. At the center of the crisis is the Lobito Corridor railway project, a key infrastructure initiative designed to transport copper and cobalt from the Central African Copperbelt—home to some of the world’s richest deposits—to the Angolan coast for export to Western markets. The project was set to receive funding from the U.S. International Development Finance Corp. (DFC)… Read More Here

Mining in DRC Angola Electricity

Congo-DRC-Angola Power Line Set for 2025 Launch

February 2, 2025February 2, 2025 Constance

The European Union (EU) will commission a 1,400 kV power transmission project in 2025, linking the Republic of Congo, the Democratic Republic of Congo (DRC), and Angola. Known as the Boucle de l’Amitié Énergétique, this initiative aims to address chronic electricity shortages, enhance regional energy security, and support economic development. Electricity access in the Republic of Congo remains limited, with only 68% of urban areas and 12% of rural areas connected to the grid. The country’s primary power source, the Centrale Électrique du Congo in Pointe-Noire, is currently facing reduced… Read More Here

Transport and Logistics Angola Mining in DRC Mining in Zambia

SADC Launches Lobito Corridor Transit Secretariat to Boost Regional Trade and Infrastructure

January 27, 2025January 27, 2025 Constance

The Southern African Development Community (SADC) Secretariat, in partnership with the three Lobito Corridor Member States, has officially launched the Lobito Corridor Transit Transport Interim Secretariat Headquarters in Lobito, Angola. This announcement follows the 2nd Lobito Corridor Committee of Ministers meeting held on January 22, 2025. At the meeting, Honourable Ricardo Viegas de Abreu, Minister of Transport for Angola, emphasized the strategic role of the Lobito Corridor in promoting intra-African trade and enhancing Africa’s competitiveness in the global market. He explained that planned infrastructure developments would reduce transit times and… Read More Here

Mining in DRC Angola Governance Mining in Zambia Transport and Logistics

DRC Senate Approves Ratification of Lobito Corridor Agreement

December 15, 2024December 15, 2024 Constance

The Senate of the Democratic Republic of Congo (DRC) ratified the agreement establishing the Lobito Corridor Transit Transport Facilitation Agency (AFTTCL) during a plenary session on December 2, 2024. The agreement, signed on January 27, 2023, in Lobito, Angola, involves a partnership between the DRC, Angola, and Zambia. The bill, first presented to the Senate on November 22, 2024, was referred to the “External Relations” Committee for detailed review. The committee, led by Senator Lutundula Apala Pen Apala, recommended ratification, emphasizing the corridor’s strategic importance to the DRC’s economy and… Read More Here

Mining in Zambia Angola Mining in DRC Transport and Logistics

U.S. Investment Boosts Africa’s Strategic Rail Link for Mining and Economic Growth

December 6, 2024December 6, 2024 Constance

The Lobito Corridor is set to become the largest American investment in African railways, according to US President Joe Biden. This strategic railway link, connecting the Democratic Republic of Congo (DRC) and Angola, is poised to transform the transportation of essential metals used in vehicle manufacturing and wind turbines from mining sites to the port. Stretching 1,344 kilometers, the Lobito Corridor is designed to facilitate the transport of critical minerals, including copper and cobalt, which are vital for the global energy transition. The DRC, responsible for 70% of the world’s… Read More Here

Mining in Zambia Angola Governance Mining in DRC Transport and Logistics

US President Joe Biden Announces $560 Million Funding for Lobito Trans-African Corridor

December 6, 2024December 6, 2024 Constance

On Wednesday, December 4, 2024, US President Joe Biden unveiled more than $560 million in funding for the Lobito Trans-African Corridor, during a meeting in Lobito with Angolan President João Lourenço, DRC President Félix Tshisekedi, Zambian President Hakainde Hichilema, and the Vice President of Tanzania. The project, designed to connect the mining basins of the Democratic Republic of Congo (DRC) and Zambia to the port of Lobito, is crucial for transporting key natural resources such as copper and cobalt. President Biden emphasized that the Lobito Corridor represents a transformative opportunity… Read More Here