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Category: Angola

Porto do Lobito on a trade Facilitation platform 1 Angola Transport and Logistics 

Porto do Lobito on a trade Facilitation platform

Constance
The Lobito Port Company officially joined the Single Window for Trade Facilitation (SWIFT) on Monday, November 20th, by signing a protocol with the International Maritime Organization (IMO). This step integrates the Angolan company into a global platform for the sector, ushering in the era of the “paperless port” concept. This accession means that the Lobito Port Company will now operate within a platform shared by global port authorities and companies. This electronic interaction streamlines the process, allowing for a single declaration of necessary information for ship docking, as described by… Read More Here
World Bank Collaborates with Benguela Railways on Lobito Corridor Implementation 2 Angola Partnership Transport and Logistics 

World Bank Collaborates with Benguela Railways on Lobito Corridor Implementation

Constance
A team from the World Bank partnered with Benguela Railways’ leadership to understand the Lobito Corridor’s implementation process. During the engagement, Mosheta Lukombo, the administrator overseeing Administration and Finance at CFB, elucidated that the Lobito Atlantic Railway consortium, managing the Lobito Corridor, plays a vital role in regional integration, infrastructure enhancement, and facilitating the transportation of large goods. The World Bank delegation visited the Lobito Atlantic Railway consortium’s workshops within the public company, including the operations control center. They assessed the preparedness of the equipment essential to support train circulation… Read More Here
Railway Expansion Enhances Trade and Cooperation Between Angola and Zambia 3 Transport and Logistics Angola Mining in DRC Mining in Zambia 

Railway Expansion Enhances Trade and Cooperation Between Angola and Zambia

Constance
The expansion of the railway line from Munhango to Luau, including sections of Marco 25 to the commune of Lumbala Caquengue in Moxico, holds the promise of bolstering trade and investment between Angola and Zambia. These sentiments were expressed by the Governor of the Angolan province of Moxico, Ernesto Muangala, during the 1st Forum for Regional Cooperation and Cultural Exchange between the provinces of Moxico and Northwest Zambia, which commenced in Luena. During the forum, Robert Lihefu, the Minister of the Zambian province, emphasized the need for support infrastructures along… Read More Here
EU Signs Crucial Partnerships with DRC and Zambia for Sustainable Raw Materials Value Chains 4 Mining in DRC Angola Battery Metals Mining in Zambia Partnership Transport and Logistics 

EU Signs Crucial Partnerships with DRC and Zambia for Sustainable Raw Materials Value Chains

Constance
At the recent “Global Gateway” forum in Brussels, Jutta Urpilainen, the European Union’s Commissioner for international partnerships, signed significant memoranda of understanding with key African counterparts. On October 26, 2023, she joined hands with the Democratic Republic of Congo’s Minister of Transport, Marc Ekila Likombo, for a partnership on critical and strategic raw materials value chains. Furthermore, a strategic partnership on sustainable raw materials value chains was established with Zambia’s Minister of Finance, Situmbeko Musokotwane. This momentous event follows the G20 Summit in New Delhi, India, in September 2023, where… Read More Here
Lobito Corridor attracts interest from Investimento Global 5 Transport and Logistics Angola Mining in DRC Mining in Zambia 

Lobito Corridor attracts interest from Investimento Global

Constance
The Partnership for Global Infrastructure and Investment (PGII) wants to bring potential private sector investors to Angola to strengthen the agribusiness value chain in the Lobito Corridor. The interest was expressed, on Tuesday, in Luanda, by the special coordinator, Helaina Matza, during the audience granted to her by the Minister of Economy and Planning, Mário Caetano João. The meeting also served to explore all the potential investment opportunities that exist in the non-oil sector. Minister Mário Ceatano João presented the enormous potential that the country has for grain production, fertilizer… Read More Here
Port Company Relocates 128 Workers to Lobito Atlantic Railway in Angola 6 Angola Corporate social responsibility Transport and Logistics 

Port Company Relocates 128 Workers to Lobito Atlantic Railway in Angola

Constance
The Lobito Port Company transferred, on Tuesday September 19th, 128 workers to the Lobito Atlantic Railway, as part of the award of the Mining Terminal, included in the Lobito Corridor infrastructure concession contracts to private institutions. Lobito Atlantic Railway, a subsidiary company of Mota-Engil, Trafigura and Vecturis,   guaranteed compliance with all clauses of the contract, so that the 128 workers transferred from the Porto do Lobito sphere to its organic structure have an integration that reflects the goals set by the Board.  During the event, income declarations were signed by the workers,… Read More Here
United States Commits $1 Billion Investment to Enhance Lobito Corridor Development 7 Angola Mining in DRC Mining in Zambia Transport and Logistics 

United States Commits $1 Billion Investment to Enhance Lobito Corridor Development

Constance
The United States of America (USA) has reaffirmed its commitment to invest a substantial one billion dollars in accelerating the development of the Lobito Corridor. This significant announcement follows President Joe Biden’s declaration, made in collaboration with European Union leader Von der Leyen during the recent G20 meeting. Helaina R. Matza, the Acting Special Coordinator of the Partnership for Global Infrastructure Investment (PIGI) within the US Department of State, expressed her strong optimism regarding the governments’ dedication to realizing this initiative. Speaking during a videoconference with journalists from Angola, Zambia,… Read More Here
Lobito Corridor Secures Support from U.S.-EU Partnership 8 Transport and Logistics Angola Mining in DRC Mining in Zambia Partnership 

Lobito Corridor Secures Support from U.S.-EU Partnership

Constance
The U.S. and the European Union (EU) have formed a partnership to provide technical and financial support for the development of the Lobito Corridor in southern Africa amid efforts by the country and bloc to stimulate investment in strategic infrastructure corridors worldwide. Through the partnership, the U.S. and EU will work collaboratively with Lobito Corridor host countries Angola, Zambia and the Democratic Republic of the Congo (DRC) to upgrade critical infrastructure and unlock economic benefits for the countries. The Lobito Corridor is a transregional infrastructure project connecting southern DRC and… Read More Here
US and EU Rally Behind Lobito Corridor Project for Trade Enhancement 9 Transport and Logistics Angola Mining in DRC Mining in Zambia 

US and EU Rally Behind Lobito Corridor Project for Trade Enhancement

Constance
The United States and the European Union have expressed their support for the development of the Lobito Corridor, a collaborative effort between Zambia, Angola, and the Democratic Republic of Congo aimed at promoting trade. In a joint statement released by the USA and the EU, they commended the recent commitment made by Angola, Zambia, and the Democratic Republic of Congo regarding the project. This announcement was made during the G20 Summit’s Partnership for Global Infrastructure and Investment event in India. As detailed on the White House website, the European Union… Read More Here
Lobito Corridor attracts new companies 10 Transport and Logistics Angola Mining in DRC Mining in Zambia 

Lobito Corridor attracts new companies

Constance
Lobito Atlantic Railway (LAR), the consortium that, in July, won the tender for the concession of railway and logistics services for the Lobito Corridor, stated that it was satisfied with the expressions of interest from the main mining companies located along the route which, Leaving from the Angolan coast, it serves the Democratic Republic of Congo (DRC) and Zambia. “We are very pleased with the various expressions of interest from the main companies in Minas Gerais, which recognize the benefits of this new logistics route made available to them”, reads… Read More Here

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