Infrastructural Development - Copperbelt Katanga Mining

Angola Completes First 100 km of EN-250, Linking Luau and Luacano Along the Lobito Corridor 1

Luau and Luacano Connected by Road for the First Time After EN-250 Paving Luacano – The municipalities of Luau and Luacano, located in Angola’s newly established Moxico Leste province, are now connected by road for the first time following the completion of nearly 100 kilometers of asphalt on National Road (EN) 250. EN 250 forms part of the strategic Lobito Corridor, linking the provinces of Moxico Leste, Moxico, Bié, Huambo and Benguela. The road is considered vital to national and regional development, supporting key infrastructure such as the Benguela Railway… Read More Here

Mining in Zambia Infrastructural Development

Zambia Launches Western Corridor Transformation Project to Boost Regional Trade and Infrastructure

November 7, 2025November 7, 2025 Constance

President Hichilema Officiates Groundbreaking of Western Corridor Road Project to Unlock Zambia’s Economic Potential His Excellency, President Hakainde Hichilema, today officiated the groundbreaking ceremony of the Western Corridor Transformation Project, marking the official start of a landmark Public-Private Partnership (PPP) initiative with Western Corridor Limited (WCL). The SPV is jointly owned by BeefCo Limited and First Quantum Minerals (FQM) Limited. The ceremony, held in Kasempa, was attended by senior government officials, including Minister of Finance and National Planning Dr. Situmbeko Musokotwane, Minister of Commerce, Trade and Industry Mr. Chipoka Mulenga,… Read More Here

Mining in Zambia Copper Infrastructural Development Transport and Logistics

Africa Finance Corp to Launch Bids for Zambia-Angola Railway Linking Copper Mines to Lobito Port

October 19, 2025October 19, 2025 Constance

New Zambia-Angola Railway to Boost Copper Exports and Create Jobs, Says Africa Finance Corp The Africa Finance Corporation (AFC) plans to issue bids in the coming months for the construction of a new railway connecting Zambia’s copper-rich region to the Angolan port of Lobito, a move set to strengthen regional trade and infrastructure. According to Samaila Zubairu, AFC President, the tender will be divided into three parts, covering: Construction of rail links in Zambia, Construction of rail links in Angola, and Provision of rolling stock and railway systems. Groundbreaking for… Read More Here

Mining in DRC Infrastructural Development Transport and Logistics

Prime Minister Judith Suminwa Pushes for Swift Completion of Road Projects Ahead of Rainy Season

September 12, 2025September 12, 2025 Constance

DR Congo Races to Complete Road Infrastructure Projects Before Rainy Season, Says PM Judith Suminwa Kinshasa, DR Congo — Prime Minister Judith Suminwa Tuluka has reaffirmed her commitment to accelerating the completion of ongoing road infrastructure projects across the Democratic Republic of Congo before the onset of the rainy season. During the 57th Council of Ministers meeting held on Friday in Kinshasa, the Prime Minister reminded cabinet members of the key recommendations made during a strategic session on Thursday, September 4, 2025. This session, held at the Prime Minister’s Office,… Read More Here

International Infrastructural Development

Angola Secures €75 Million from AFC to Build 186 Bridges and Upgrade National Roads

July 26, 2025July 26, 2025 Constance

Angola Accelerates Infrastructure Growth with €75 Million Boost from Africa Finance Corporation Angola has received a significant boost to its transportation infrastructure, with the disbursement of €75 million from the Africa Finance Corporation (AFC). This funding is part of an €85 million sovereign facility designed to transform the country’s national road network. The investment will support the construction of 186 priority bridges and strategic upgrades to key national roads. These initiatives are aligned with Angola’s National Development Plan (2023–2027), which aims to modernize infrastructure, enhance connectivity, and stimulate economic growth.… Read More Here

Mining in DRC Infrastructural Development

DRC Launches $257 Million Railway Modernization Project to Boost Regional Connectivity

July 7, 2025July 7, 2025 Constance

DRC Signs $257M Railway Deal to Modernize Kisangani–Ubundu Line and Boost Regional Trade The Democratic Republic of Congo (DRC) has taken a significant step toward revitalizing its national railway network with the signing of a $257 million concession contract on Friday, July 4, 2025. The agreement focuses on the rehabilitation and modernization of the 115-kilometer Kisangani–Ubundu railway line in the country’s northeast. The official signing ceremony was presided over by the Deputy Prime Minister and Minister of Transport, Communication Channels, and Accessibility. The event marked the formal launch of the… Read More Here

Mining in DRC Corporate News Infrastructural Development

TFM Finalizes Major Railway Diversion to Boost Mining Operations in Fungurume

July 7, 2025July 7, 2025 Constance

On June 25, 2025, Tenke Fungurume Mining (TFM) officially completed the technical handover of a key infrastructure project: the nearly 4-kilometer diversion of the RR2 railway section within its mining concession. This rerouting, fully funded by TFM, enables access to new strategic mineral deposits critical to the company’s expansion. Initiated in 2021, the project was driven by the need to realign the existing railway operated by the Société Nationale des Chemins de fer du Congo (SNCC), which intersected with a significant portion of the newly identified deposit. With the approval… Read More Here

Infrastructural Development Energy

Italy’s CDP Grants €250 Million Loan to AFC for African Infrastructure and Energy Projects

June 29, 2025June 29, 2025 Constance

Africa Finance Corporation (AFC) has secured a €250 million (approximately USD 289.2 million) 10-year term loan from Cassa Depositi e Prestiti (CDP), Italy’s national promotional and development finance institution. The announcement was made on Friday, June 20, 2025. The financing will be directed toward infrastructure and renewable energy projects across the continent, with a particular emphasis on the Lobito Corridor—an ambitious rail project intended to boost trade and connectivity in Southern and Central Africa. The corridor will facilitate the transport of agricultural products, minerals, and consumer goods from landlocked regions… Read More Here

Mining in DRC Economy Infrastructural Development

DRC United States Mining Deal to Finance 58 Billion USD Infrastructure Plan

May 31, 2025May 31, 2025 Constance

The Democratic Republic of Congo (DRC) has unveiled a $58 billion master plan aimed at rebuilding and modernizing its critical infrastructure, as part of a broader $500 billion mega-partnership announced with the United States. The plan was presented on Tuesday, May 27, 2025, by Minister of Foreign Trade Julien Paluku during a high-level discussion on national investment priorities. “I am proposing a structured master plan worth $58 billion, focusing on priority projects such as national, provincial, and agricultural roads,” said Paluku. The Minister emphasized that targeted investments in key sectors… Read More Here

International Corporate News Infrastructural Development

Old Mutual Takes Full Ownership of African Infrastructure Investment Managers

March 5, 2025March 5, 2025 Constance

Old Mutual has acquired full ownership of African Infrastructure Investment Managers (AIIM) as part of its strategy to strengthen its asset management portfolio and capitalize on Africa’s growing infrastructure investment opportunities. AIIM, which manages $1 billion in assets, invests in key sectors such as renewable energy, communication infrastructure, toll roads, airports, ports, and pipelines. “This is another important step in achieving Old Mutual’s goal of becoming a leading African financial services provider,” said Ralph Mupita, CEO of Old Mutual Emerging Markets. Infrastructure investment in Africa remains a major growth sector,… Read More Here