Category: Angola

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

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 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

Minerals from the DRC and Zambia will now be exported via Angola’s Lobito rail corridor. Presidents Félix Tshisekedi (DRC), Hakainde Hichilema (Zambia) and João Lourenço (Angola) chaired the signing ceremony of an agreement for this purpose on Tuesday July 4th. “The full operationalization of this corridor will allow the opening up of the mines of Zambia and the DRC, as well as the access and the circulation of inputs essential to both the mining and agricultural industries”, indicated President Félix Antoine. Tshisekedi. The three Heads of State have conceded the operation… Read More Here

The Municipal Administration of Lobito has officially handed over the concession of railway and logistics services of the Lobito Corridor to the Lobito Atlantic Railway, a joint venture comprising commodity company Trafigura; international construction and infrastructure firm Mota-Engil; and independent rail operator Vecturis. The transfer of the concession will see Lobito Atlantic Railway lead the operation, management and maintenance of a 1,300km railway connecting the Lobito port to Luau in eastern Angola over a period of 30 years. The railway will extend an additional 400km, running through the Democratic Republic… Read More Here

In an extraordinary feat of engineering, the Benguela Railway in Angola stands as a testament to the power of collaboration and the determination to overcome monumental challenges. As the final piece of the east-west transcontinental link that connects the Indian and Atlantic oceans, this remarkable project, built by the China Railway 20 Bureau Group Corporation (CR20), has revolutionized regional connectivity and transformed the African rail network. With its immense socio-economic impact, the Benguela Railway is more than just a transportation artery; it symbolizes the enduring friendship between the peoples of… Read More Here