Angola-Zambia Road Project to Boost Trade and Economy in Eastern Angola 1 Mining in Zambia Angola Transport and Logistics 

Angola-Zambia Road Project to Boost Trade and Economy in Eastern Angola

Economists and business leaders in Lunda-Norte believe that the construction of a road connecting Angola and Zambia, part of the Lobito Corridor initiative, will significantly enhance the flow of goods and services between Angola’s eastern provinces and the country’s coast. The project involves constructing an approximately 800-kilometer road from Lobito (Benguela) to Luau (Moxico) on the Angolan side. companies, including a consortium like SIbitech and Queiroz Galvão, as well as AFAVIAS, are involved in the construction. José Cangolo, an economist and professor at the Faculty of Economics of Dundo (Lueji… Read More Here
Lobito Atlantic Railway receives its first vessel at the Port of Lobito mineral terminal 2 International Transport and Logistics 

Lobito Atlantic Railway receives its first vessel at the Port of Lobito mineral terminal

Lobito, Angola, 15 July 2024 – The first vessel has docked at the mineral terminal of the Port of Lobito, operated by the Lobito Atlantic Railway (LAR) consortium, the concession holder for the operation, management and maintenance of the railway linking Angola to the Democratic Republic of Congo. The MV Lindsaylou, a bulk cargo vessel loaded with 40,500 tonnes of sulphur, docked on Friday 12 July, marking the beginning of port operations for LAR. The vessel was loaded in Qatar and arrived in Lobito after a journey of around a… Read More Here
Beira Corridor Drives Expansion in Southern Africa's Cold Chain Logistics 3 Mining in Zambia Mining in DRC Transport and Logistics 

Beira Corridor Drives Expansion in Southern Africa’s Cold Chain Logistics

The cold chain logistics industry in Southern Africa has seen significant growth in recent years, driven by increased capacity and investment. Marco Grobbelaar, General Manager of Independent Beira Logistics Terminals and Services (IBLT&S), highlights that the Beira corridor has particularly experienced a notable rise in traffic. This expansion is attributed to several key factors, including competitive landside operations and lower ocean freight rates compared to surrounding ports. A major contributor to this surge is the rising import volumes of fertilizers, which are essential for boosting logistical activities in the region.… Read More Here
Tanzania and Zambia Strengthen Railway Collaboration 4 Mining in Zambia Transport and Logistics 

Tanzania and Zambia Strengthen Railway Collaboration

The recent Tanzania-Zambia Inter-Ministerial Meeting marked a significant step towards revitalizing the Tanzania-Zambia Railway Authority (TAZARA). Held at the Mulungushi International Conference Centre in Lusaka, the meeting brought together key stakeholders, including Zambia’s Minister of Transport and Logistics, Hon. Museba Frank Tayali, and Tanzania’s Minister of Transport, Hon. Prof. Makame Mbarawa. This high-level dialogue focused on the involvement of the China Civil Engineering Construction Corporation (CCECC) in TAZARA’s revitalization efforts, aiming to secure a beneficial concession for all parties involved. Hon. Tayali emphasized the collective goal of the meeting: to… Read More Here
Italy Commits €320 Million to Enhance Zambia's Lobito Corridor Project 5 Mining in Zambia Infrastructural Development Transport and Logistics 

Italy Commits €320 Million to Enhance Zambia’s Lobito Corridor Project

A major development has emerged for Zambia’s infrastructure plans, as Italy has pledged support for the Lobito Corridor project. During a meeting with Zambian President Hakainde Hichilema, Stefano Gatti, Director General for Development at the Italian Ministry of Foreign Affairs Cooperation, announced a commitment of €320 million for the initiative. The Lobito Corridor is a crucial infrastructure project aimed at improving trade connectivity between Zambia, Angola, and the Democratic Republic of Congo (DRC). This initiative involves upgrading and expanding the existing rail corridor, linking Zambia’s copper and cobalt-rich regions to… Read More Here
ProMarks and Trafigura sign MOU with the Angolan government 6 Angola Mining in DRC Mining in Zambia Partnership Transport and Logistics 

ProMarks and Trafigura sign MOU with the Angolan government

ProMarks, an international engineering company specialized in the energy sector and Trafigura, a market leader in the global commodities industry, yesterday signed a Memorandum of Understanding (MOU) with the Government of Angola to conduct a technical and economic viability study and to develop a Public Private Partnership model for a major regional power transmission and supply project. The signing ceremony was held in Luanda in the presence of government representatives from Angola, alongside other diplomatic guests and representatives from the private sector. The MOU was witnessed by His Excellency João… Read More Here
The Impact of Lobito Atlântico Railways on the Benguela Railway Corridor 7 Transport and Logistics Angola Mining in DRC Mining in Zambia 

The Impact of Lobito Atlântico Railways on the Benguela Railway Corridor

The management of the Benguela Railway (CFB) by the consortium Lobito Atlântico Railways (LAR), Trafigura, and Mota-Engil is expected to significantly enhance Angola’s Gross Domestic Product (GDP), contributing between $1.6 billion to $3.4 billion annually over the next 30 years. This projection was shared by LAR administrator Ottoniel Manuel during a discussion on the Girassol television channel under the theme, “The Impact of the Lobito Corridor on the Angolan Economy and the SADC Region.” Manuel outlined the consortium’s ambitious plans for the railway’s future operations and its economic implications. Manuel… Read More Here
G-7 Summit Pledges Boost to African Infrastructure Investment 8 Infrastructural Development Angola Mining in DRC Mining in Zambia Transport and Logistics 

G-7 Summit Pledges Boost to African Infrastructure Investment

At the G-7 summit in Puglia, Italy, global leaders reaffirmed their commitment to bolstering Africa’s infrastructure to spur economic growth and development on the continent. Co-chaired by US President Joseph Biden and Italian Prime Minister Giorgia Meloni, a special meeting focused on infrastructure development under the G7’s Partnership for Global Infrastructure and Investment (PGII), aligning closely with Italy’s Mattei Plan for Africa. Private sector representatives from Italy and the US, heavily invested in African ventures, also participated, emphasizing the importance of public-private collaboration. Italy made a significant announcement, pledging an… Read More Here
Namibia and Zambia Forge Path to Seamless Trade with Katima Mulilo OSBP Agreement 9 Mining in Zambia Transport and Logistics 

Namibia and Zambia Forge Path to Seamless Trade with Katima Mulilo OSBP Agreement

Namibia and Zambia have taken a significant step towards enhancing regional integration and trade facilitation by formalizing their commitment to establish a One-Stop Border Post (OSBP) at the Katima Mulilo Border Post. Signed in Katima Mulilo, this bilateral agreement aims to streamline cross-border operations, combining immigration and customs procedures into a single process to reduce time and costs associated with border crossings. Representing Namibia, Zambezi Regional Governor Lawrence Sampofu, and Zambia’s Minister of Commerce, Trade and Industry, Chipoka Mulenga, underscored the agreement’s importance in fostering closer economic ties between the… Read More Here
Zambia and TradeMark Africa Enhance Nakonde Border Post 10 Mining in Zambia Transport and Logistics 

Zambia and TradeMark Africa Enhance Nakonde Border Post

In a significant effort to bolster cross-border trade between Zambia and Tanzania, the Government of Zambia and TradeMark Africa (TMA) have officially handed over the site for upgrading the Nakonde border into a One-Stop Border Post (OSBP) to the contractor. This marks the commencement of extensive improvement works aimed at alleviating congestion and facilitating smoother trade flows along the crucial Dar es Salaam Corridor. The ceremony, attended by representatives from the Zambian and UK governments, TradeMark Africa, and the contracted construction firm, underscores the collaborative nature of this pivotal project,… Read More Here

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