DRC and Angola Central Banks Sign Cooperation Agreement to Deepen Financial Integration 1 Mining in DRC Angola Economy 

DRC and Angola Central Banks Sign Cooperation Agreement to Deepen Financial Integration

DRC and Angola Central Banks Sign MoU to Boost Cross-Border Payments, Financial Integration and Trade The Central Bank of Congo (BCC) and the National Bank of Angola (BNA) have signed a memorandum of understanding (MoU) to strengthen financial and monetary cooperation between the Democratic Republic of Congo (DRC) and Angola, marking a significant step toward deeper regional economic integration. The agreement was signed on July 8, 2026, in Luanda by BCC Governor André Wameso Nkualoloki and BNA Governor Manuel António Tiago Dias. It establishes a permanent framework for institutional collaboration… Read More Here
Lobito Corridor Railway Secures $753 Million Financing to Boost Regional Trade Links 2 Transport and Logistics Angola International 

Lobito Corridor Railway Secures $753 Million Financing to Boost Regional Trade Links

Angola’s Lobito Corridor Railway Project Reaches $753 Million Financial Close to Expand African Trade Connectivity The Lobito Corridor railway project in Angola has reached financial close after securing $753 million in funding, marking a major milestone for one of Africa’s most important regional transport infrastructure initiatives. The financing will support the rehabilitation, upgrade and long-term operation of the 1,300-kilometre railway corridor linking the Port of Lobito in Angola to the border with the Democratic Republic of Congo (DRC). The project is operated by Lobito Atlantic Railway (LAR), a joint venture… Read More Here
Angola and Zambia Reaffirm Security and Economic Cooperation at Joint Defence and Security Meeting 3 Mining in Zambia Angola Governance Infrastructural Development 

Angola and Zambia Reaffirm Security and Economic Cooperation at Joint Defence and Security Meeting

Angola, Zambia Strengthen Defence and Trade Cooperation, Advance Lobito Corridor and Border Infrastructure Plans The Republic of Angola has reaffirmed its commitment to strengthening bilateral relations with Zambia, with a focus on regional stability, good neighbourliness, and expanded strategic cooperation. The position was outlined during the official opening of the Ministerial Meeting of the 34th Angola–Zambia Joint Permanent Commission on Defence and Security held in Luanda. Angola’s Minister of Foreign Affairs, Téte António, said Angola’s foreign policy remains anchored in dialogue, mutual respect, and collaboration with neighbouring states. He described… Read More Here
Zambia, Angola and DRC Agree on Joint Actions to Fast-Track Lobito Corridor 4 Transport and Logistics Angola Mining in DRC Mining in Zambia 

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

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
GIA Explores Certification Partnership for Angolan Diamonds 5 International Angola Diamond 

GIA Explores Certification Partnership for Angolan Diamonds

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
Angola’s Polished Diamond Exports Surge in 2025 Despite Global Price Pressures 6 Diamond Angola International 

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

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
Global Investment in the Lobito Corridor Surpasses $6 Billion 7 Transport and Logistics Angola Mining in DRC Mining in Zambia 

Global Investment in the Lobito Corridor Surpasses $6 Billion

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
World Bank Announces Major Funding Package to Support Growth Along the Lobito Corridor 8 Transport and Logistics Angola 

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

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
Angola Seeks $4.5 Billion to Build Rail Link Connecting Zambia’s Copperbelt 9 Transport and Logistics Angola Mining in Zambia 

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

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
Zambia and Angola Strengthen Bilateral Ties to Boost Trade, Security, and Regional Integration 10 Mining in Zambia Angola Governance 

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

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

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