Angola - Copperbelt Katanga Mining

Zambia, Angola and DRC Agree on Joint Actions to Fast-Track Lobito Corridor 1

Zambia, Angola and DRC Move to Accelerate Lobito Corridor as Regional Trade and Jobs Engine Zambia, Angola and the Democratic Republic of the Congo (DRC) have agreed on a set of coordinated actions to expedite the development of the Lobito Corridor, a strategic transport and economic route designed to reduce trade costs, boost regional commerce and create jobs across southern and central Africa. The agreement was reached at a high-level coordination meeting hosted by the Angolan government in partnership with the World Bank. The meeting brought together ministers responsible for… Read More Here

International Angola Diamond

GIA Explores Certification Partnership for Angolan Diamonds

January 27, 2026January 27, 2026 Constance

GIA Eyes Certification of Angolan Diamonds as U.S. Interest in Angola’s Diamond Sector Grows Angola’s diamond industry is attracting growing interest from the United States, with the Gemological Institute of America (GIA) signalling its intention to collaborate on the certification of diamonds produced in the country. The initiative could strengthen Angola’s position in the global diamond market while supporting local economic development. During a visit to diamond sector infrastructure in Lunda Sul Province, a GIA delegation expressed interest in working with Angolan authorities to certify “diamonds made in Angola.” The… Read More Here

Diamond Angola International

Angola’s Polished Diamond Exports Surge in 2025 Despite Global Price Pressures

January 26, 2026January 26, 2026 Constance

Angola Polished Diamond Exports More Than Double in 2025 as Volumes and Revenues Rise Angola’s polished diamond exports more than doubled in 2025, recording strong growth in both volumes and total export value despite a decline in average prices, according to a statement released by the country’s national diamond trading company, Sodiam, on January 26. Sodiam reported that between January 1 and December 31, 2025, Angola exported 23,300 carats of polished diamonds at an average price of $4,705.74 per carat, generating total export revenues of $109.7 million. Compared with the… Read More Here

Transport and Logistics Angola Mining in DRC Mining in Zambia

Global Investment in the Lobito Corridor Surpasses $6 Billion

January 20, 2026January 20, 2026 Constance

Lobito Corridor Attracts Over $6 Billion as Global Investors Back Africa’s Critical Minerals Route International investor momentum behind the Lobito Corridor continues to strengthen, with global financial commitments to the strategic regional infrastructure project now exceeding USD 6 billion. Linking the Democratic Republic of Congo (DRC), Angola, and Zambia to international markets via Angola’s Port of Lobito, the corridor is increasingly regarded as a cornerstone of Africa’s critical minerals supply chains and regional industrial integration. In December 2025, project stakeholders finalized a USD 535 million financing package to advance implementation.… Read More Here

Transport and Logistics Angola

World Bank Announces Major Funding Package to Support Growth Along the Lobito Corridor

November 26, 2025November 26, 2025 Constance

World Bank Commits USD 600 Million to Boost Economic Diversification and Urban Development Along Lobito Corridor Luanda — The World Bank will mobilize USD 600 million to support economic diversification, urban development, and housing initiatives along the Lobito Corridor, the institution’s representative, Roland Yameogo, announced on Tuesday in Luanda. Speaking on the second day of the 7th African Union–European Union Summit, Yameogo explained that the funding will be split evenly: USD 300 million for economic diversification, with a focus on agriculture and agro-processing, and USD 300 million for urban development… Read More Here

Transport and Logistics Angola Mining in Zambia

Angola Seeks $4.5 Billion to Build Rail Link Connecting Zambia’s Copperbelt

November 2, 2025November 2, 2025 Constance

Angola Secures International Support for $4.5B Zambia-Lobito Rail Corridor to Boost Copper Trade Angola sought $4.5 billion in funding to construct an ambitious rail link to Zambia’s copper-rich region, Transport Minister Ricardo Viegas d’Abreu said. Italy committed $320 million to the project, while the African Development Bank pledged $500 million, d’Abreu told reporters Wednesday on the sidelines of a conference in Luanda, Angola’s capital. He also noted that the Egyptian government had recently expressed interest in financing the initiative. The new Zambian spur is part of the larger Lobito Corridor… Read More Here

Mining in Zambia Angola Governance

Zambia and Angola Strengthen Bilateral Ties to Boost Trade, Security, and Regional Integration

October 19, 2025October 19, 2025 Constance

Zambia, Angola Deepen Bilateral Cooperation for Shared Development Zambia and Angola have reaffirmed their commitment to strengthening bilateral cooperation across key sectors, including trade, infrastructure development, defence, and regional integration. Minister of Foreign Affairs and International Cooperation, Hon. Mulambo Haimbe, delivered a special message from President Hakainde Hichilema to Angolan President João Lourenço during a visit to Luanda. The message underscored Zambia’s desire to deepen collaboration with Angola in advancing mutual economic growth and regional stability. Speaking after the meeting, Mr. Haimbe said the engagement focused on expanding cooperation in… Read More Here

Transport and Logistics Angola Mining in DRC Mining in Zambia

Lobito Atlantic Railway Nears $533M US Loan to Boost Angola Rail Corridor

August 22, 2025August 22, 2025 Constance

Lobito Atlantic Railway close to securing $533M US loan to modernize Angola’s key copper and cobalt export route Lobito Atlantic Railway (LAR) expects to finalize a $533 million loan agreement with the US International Development Finance Corporation (DFC) by the end of this year, according to CEO Nicholas Fournier. The financing is crucial to upgrading its Angolan railway concession and strengthening a vital export corridor for critical minerals. The DFC committed the loan in 2024 to support the modernization of 1,300 km of railway, providing a faster, more reliable route… Read More Here

Mining in DRC Angola Electricity

$1.5 Billion Energy Corridor to Link Angola and DR Congo

June 24, 2025June 24, 2025 Constance

Energy companies Mitrelli (Israel) and Hydro-Link (USA) signed a landmark $1.5 billion agreement on Monday to construct a power transmission line capable of transporting 1,200 megawatts (MW) of electricity from Angola to the Democratic Republic of Congo (DRC). The deal was signed during the 17th U.S.-Africa Business Summit and includes plans to establish Special Economic Zones (SEZs) along the route, integrated with the Lobito Railway Corridor. According to the companies, the initiative aims to promote industrialization and boost local economies along the corridor. Mitrelli emphasized the project’s strategic significance, stating… Read More Here

Transport and Logistics Angola Economy Mining in DRC Mining in Zambia

AFC Secures $320 Million Deal with Italy to Boost Angola’s Lobito Corridor

June 10, 2025June 10, 2025 Constance

Africa Finance Corporation (AFC), a Lagos-based continental financier, will soon sign a $320 million financing agreement with Italy, part of which will support the development of a new transport corridor linking critical mineral fields in central Africa to Angola’s Lobito port, according to AFC CEO Samaila Zubairu. AFC, owned by African central banks and development lenders, is the financing partner for the U.S.-backed Lobito Corridor project. The corridor aims to connect the Atlantic port of Lobito in Angola with mineral-rich regions in Zambia and the Democratic Republic of the Congo,… Read More Here