You are here

Category: Transport and Logistics

Lobito Corridor to Generate Two Thousand Jobs in the Initial Phase 1 Transport and Logistics Angola News in Brief 

Lobito Corridor to Generate Two Thousand Jobs in the Initial Phase

Constance
Around two thousand jobs will be created along the Lobito Corridor when it is fully operational, according to Angola’s Minister of Transport, Ricardo D’Abreu. “On the one hand, there are direct jobs related to all those who will be directly involved in port and railway operations and indirect jobs via other sectors”, he stressed on Tuesday July 4th, in statements. For the consortium, he advanced, there is an obligation to invest in the order of US$450 million in the near future. Read More Here
US agency concludes assessment of Lobito Corridor 2 Transport and Logistics International 

US agency concludes assessment of Lobito Corridor

Constance
Experts from the International Development Finance Corporation (DFC), a US government agency specializing in supporting private sector financial projects, met last week with the Board of Directors of the Port of Lobito, at the end of an assessment mission of two days to the employees of the Lobito Corridor, which included contacts with the Benguela Railway. The meeting between the United States (USA) mission, led by the director for Structured Financial Operations at the DFC, Nancy Rivera, and the Board of Directors of the Port of Lobito lasted two hours,… Read More Here
Almost all roads lead to the Lobito Corridor 3 Transport and Logistics Angola Mining in DRC Mining in Zambia 

Almost all roads lead to the Lobito Corridor

Constance
It was only in 1931 that the first shipment of copper from Katanga arrived in Lobito, but the railroad that allowed to bring the riches from the then Belgian Congo, today the Democratic Republic of Congo, was born from a Portuguese law of 1899. At the head of the project was the Scotsman Robert Williams, who had been a friend of Cecil Rhodes and who understood the advantages of the Benguela Railway: for the Portuguese, it made it possible to link the Angolan coast to the Central Plateau and even… Read More Here
Presidents of Zambia and DRC meet in Benguela 4 Mining in DRC Mining in Zambia News in Brief Transport and Logistics 

Presidents of Zambia and DRC meet in Benguela

Constance
The Presidents of Zambia, Hakainde Hichilema, and of the Democratic Republic of Congo, Félix Tshisekedi, have already arrived in the city of Benguela to witness the signing ceremony of the Contract for the Transfer of the Concession of Railway Services and Support Logistics for the Lobito Corridor, which is scheduled to take place today, July 4th. According to the agenda, following their visit to the Benguela Railway, the statesmen will also receive explanations on the functioning of the port infrastructure. Read More Here
Lobito Corridor Vital for Zambian Economy 5 Mining in Zambia Economy Transport and Logistics 

Lobito Corridor Vital for Zambian Economy

Constance
The Zambian consul in Moxico highlights the importance of the Lobito Corridor for Zambia’s economic development. He also mentions that Zambia plans to purchase new locomotives to improve passenger comfort and goods transportation. The consul expresses confidence in Angola’s political stability and security. Regarding the official transfer of the concession of rail services and logistics support for the Lobito Corridor, the consul, as the Zambian consul in Moxico, shares his positive views on the role of the Benguela Railway in economic development. When asked about the construction of the railway… Read More Here
American investors in the Lobito Corridor evaluate the operability of the railway line 6 Transport and Logistics 

American investors in the Lobito Corridor evaluate the operability of the railway line

Constance
A North American business group, funder of the Lobito Corridor project, assessed on Wednesday, 28, the operational status of the CFB (Benguela Railway) railway line. It did so during a train journey of about hour and a half that started at Compão, the main station in the city of Lobito and ended at Calengue station, in the municipality of Caimbambo, on a journey of 118 kilometres. The delegation returned to the port city using national roads 260, 105 and 100 towards Caimbambo, Catengue, Benguela and Lobito. “We provided an important trip… Read More Here
DRC Unveils High-End Buses Built to Conquer Challenging Road Conditions 7 Mining in DRC News in Brief Transport and Logistics 

DRC Unveils High-End Buses Built to Conquer Challenging Road Conditions

Constance
The DRC will now have its own high-end, robust, and equipped buses to tackle road traffic conditions. This factory has a production capacity of 25 buses per month and meets the standards of the prestigious German brand, Mercedes Benz. The establishment of Suprême Motors is just a step that paves the way for other similar projects. It confirms that improving the business climate in the DRC is a reality acknowledged by foreign investors. Read More Here
Benguela Railway highlights advantages of the Concessionaire 8 Transport and Logistics International 

Benguela Railway highlights advantages of the Concessionaire

Constance
The Benguela Railway (CFB) has played a vital role in regional development and economic transformation since its establishment on May 26, 1902. By unlocking new regions and providing access to markets for manufactured products, the CFB has contributed significantly to the growth and diversification of the economy. Through strategic investments by the Angolan government, the railway company is poised to assume a fundamental role in driving economic development. The Caminhos-de-Ferro de Benguela has served as a unifying force, fostering cultural convergence and facilitating the formation of a railway working class… Read More Here
US Pledges $250 Million for Lobito Corridor Project 9 Mining in Zambia Transport and Logistics 

US Pledges $250 Million for Lobito Corridor Project

Constance
The United States government has allocated a substantial amount of US$250 million towards the development of the Lobito Corridor, which encompasses Zambia, Angola, and the Democratic Republic of Congo (DRC). During the G7 Leaders summit held in Japan on May 18 to 19, 2023, US President Joe Biden announced this commitment, according to Helaina Matza, the US Deputy Special Presidential Coordinator for Global Infrastructure and Energy. Matza further revealed that President Biden has also pledged a significant financial support of US$30 billion to assist emerging economies across the world. Matza… Read More Here
Japan Grants USD 300,000 to Rehabilitate Maréchal Bridge in Matadi, DRC 10 Mining in DRC Transport and Logistics 

Japan Grants USD 300,000 to Rehabilitate Maréchal Bridge in Matadi, DRC

Constance
The Government of Japan has approved the cost of the rehabilitation works of the Maréchal bridge in Matadi in the province of Kongo Central, the cost of which is estimated at 40 million Japanese Yen, equivalent to nearly 300,000 USD. The announcement was made by the Ambassador of Japan to the Democratic Republic of Congo, Minami Hiro, during an exchange, Thursday, May 25, 2023, with the Minister of Transport. According to the Japanese Ambassador to the DRC, the signing of the exchange of notes to record the start of work… Read More Here

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

Copperbelt Katanga Mining will use the information you provide on this form to be in touch with you and to provide updates and marketing.