Transport and Logistics - Copperbelt Katanga Mining

USAID Administrator Announces New Investments Along the Lobito Corridor 1

USAID Administrator Samantha Power and Deputy Secretary Richard Verma visited Luanda, Angola, on April 23-25, 2024. They focused on enhancing the business environment, particularly in agriculture with special focus on Lobito Corridor developments. A key announcement included a $235 million USAID investment over five years to support Angola’s National Development Plan and fund a variety of programs within the Lobito Corridor. Administrator Samantha Power and Deputy Secretary of State for Management and Resources Richard Verma visited Luanda, Angola, on April 23, 2024. During their visit, they met with government officials,… Read More Here

Transport and Logistics International

Economic Growth in Benguela Boosted by Lobito Refinery and Corridor Projects

May 31, 2024May 31, 2024 Constance

The construction of the Lobito Refinery and the operationalization of the Lobito Corridor are attracting significant investor interest in Benguela, driving the province’s economic growth. This was highlighted by Adilson Gonçalves, the Vice-Governor for the Technical Sector and Infrastructures, during his remarks on the success of the Benguela International Fair (FIB) held from last Wednesday to Sunday. Preliminary figures from the 13th Benguela International Fair, presented to Jornal de Angola by Bruno Albernaz, President of the Board of Directors of Grupo Arena (the event organizers), indicate a turnover of four… Read More Here

Transport and Logistics

Lobito Corridor IPA Welcomes Patson Malisa as New Director General

May 28, 2024May 28, 2024 Constance

On May 28, 2024, the Lobito Corridor Investment Promotion Authority (“LCIPA” or the “IPA”) announced Patson Malisa as the Director General of the LCIPA. The LCIPA is confident that Patson Malisa’s leadership will significantly advance the goals and potential of the Lobito Corridor. “The Lobito Corridor has unlimited potential to safely acquire, transport, and secure the minerals essential to providing the clean energy on which the world increasingly runs; to spur healthy economic development of the region and beyond; and to improve the lives of millions of people living along… Read More Here

Mining in Zambia Infrastructural Development Transport and Logistics

Minister of Technology Mutati Highlights Benefits of Lusaka-Ndola PPP Project

May 22, 2024May 22, 2024 Constance

At the groundbreaking ceremony for the Lusaka-Ndola dual carriageway, Minister of Technology and Science, Hon. Felix Mutati MP, highlighted the significance of Zambia’s first major Public-Private Partnership (PPP) project, which promises numerous benefits. The $650 million USD contract with AVIC will allocate 20% of the work to Zambian subcontractors, involving local companies in the project alongside AVIC. Minister Mutati emphasized the importance of dedication and high-quality work from these subcontractors, hoping this experience will enable them to manage similar projects independently in the future. To equip Zambian youths with necessary… Read More Here

Mining in Zambia Infrastructural Development Transport and Logistics

President Hichilema Breaks Ground on Lusaka-Ndola Dual Carriageway Project

May 22, 2024May 22, 2024 Constance

President Hakainde Hichilema officiated the groundbreaking ceremony for the Lusaka-Ndola dual carriageway, marking a historic milestone for Zambia. This major infrastructure initiative, under the Public-Private Partnership (PPP) model, aims to save government funds while significantly improving the nation’s road network. President Hichilema highlighted the project’s importance in enhancing Zambia’s transportation infrastructure. The Lusaka-Ndola dual carriageway is expected to increase travel safety, reduce travel times, and strengthen connectivity between key economic areas. “We are committed to enhancing transportation efficiency and fostering economic growth,” the President stated. He urged developers to ensure… Read More Here

Mining in Zambia Transport and Logistics

Zambia’s Transport Minister Announces Negotiations to Revitalize TAZARA Railway Line

May 19, 2024May 19, 2024 Constance

Positive developments are underway for the Tanzania-Zambia Railway Authority (TAZARA). Zambian Transport and Logistics Minister Frank Tayali announced that negotiations to revitalize TAZARA are expected to conclude by September 2024. This milestone will pave the way for a concessionaire agreement with China Civil Engineering Construction Corporation (CCECC) to recapitalize the railway authority. The announcement was made during a meeting titled “Revitalize TAZARA, Promoting China-Africa Cooperation.” This collaboration aims to breathe new life into TAZARA and enhance its role in regional cargo transportation. According to Tayali, finalizing negotiations by September will… Read More Here

International Transport and Logistics

Angola to Link National Rail Corridors -Transport Minister

May 16, 2024May 16, 2024 Constance

Ricardo D’Abreu, Angola’s Minister of Transport, has reiterated the government’s commitment to connecting the country’s three main national rail corridors, signaling a significant step towards enhancing transportation infrastructure. These corridors encompass the Northern Corridor, spanning the provinces of Luanda, Cuanza-Norte, and Malange; the Central Corridor, famously known as the Lobito Corridor, traversing Benguela, Huambo, Bié, and Moxico provinces; and the Southern Corridor, stretching from Moçâmedes in Namibe to Menongue in Cuando Cubango. D’Abreu disclosed that the government is currently conducting a comprehensive study for the project, with the subsequent focus… Read More Here

Mining in Zambia Transport and Logistics

Zambia’s Cabinet Approves Beira Development Corridor Agreement

May 16, 2024May 16, 2024 Constance

The Zambian Cabinet, under the leadership of President Hakainde Hichilema, has given the green light to the Beira Development Corridor Agreement, a significant move poised to bolster regional trade and infrastructure development. This agreement involves Zambia, the Democratic Republic of Congo, Malawi, Mozambique, and Zimbabwe, aiming to establish a cooperative framework for the Beira Corridor, a pivotal trade route for landlocked nations in the area. Chairing the cabinet meeting, President Hichilema paved the way for this strategic decision. Frank Tayali, Minister of Transport and Logistics, expressed optimism regarding the agreement’s… Read More Here

Mining in Zambia Copper Transport and Logistics

Zambia’s Mining Industry Faces Scrutiny Over Exclusion of Local Truck Drivers

May 16, 2024May 16, 2024 Constance

Zambia’s mining industry, a key driver of the nation’s economy, is facing scrutiny over the exclusion of Zambian truck drivers from import and export operations. The Parliamentary Committee on Transports, Works, and Supply has raised concerns about this issue, which came to light during a meeting between the committee, led by Chairperson Mubika Mubika of the Shang’ombo constituency, and the management of Mopani Copper Mines. The committee found that Zambian truck drivers were systematically overlooked for hauling goods and services, hindering local business opportunities and overall economic growth. In response,… Read More Here

Transport and Logistics Angola Mining in DRC Mining in Zambia

Lobito Corridor’s Road Network in Angola Set To Receive €381.5 Million Upgrade

May 15, 2024May 20, 2024 Constance

The U.S.-Africa Business Summit in Dallas, Texas, announced a €381.5 million investment to upgrade Angola’s road network, focusing on the Lobito Corridor. The Africa Finance Corporation (AFC) will contribute €85 million, with the rest funded by the Export-Import Bank of the U.S. and the U.S. Private Export Funding Corporation. Additional support comes from Standard Chartered Bank, Conduril, and Acrow. This project will improve 186 bridges and boost agriculture by enhancing access to mineral-rich regions, aiding in the diversification of Angola’s economy. Following last week’s U.S.-Africa Business Summit in Dallas, Texas,… Read More Here