Zambia Strengthens Commitment to Lobito Corridor 1 Mining in Zambia Transport and Logistics 

Zambia Strengthens Commitment to Lobito Corridor

Zambia Reaffirms Support for Lobito Corridor to Enhance Trade, Infrastructure, and Regional Integration Zambia has reaffirmed its strong commitment to the Lobito Corridor following an official visit by its Ambassador to Angola, His Excellency Rev. Dr. Elias Munshya, to the Port of Lobito in Benguela Province. The visit underscores Zambia’s ongoing efforts to strengthen cooperation along this strategic regional infrastructure initiative linking Angola, Zambia, and the Democratic Republic of the Congo. During a high-level meeting with the Board of Directors and management of the Port of Lobito, Ambassador Munshya highlighted… Read More Here
AFC Secures Landmark Financing for Angola’s Lobito Atlantic Railway 2 Transport and Logistics International 

AFC Secures Landmark Financing for Angola’s Lobito Atlantic Railway

AFC Signs $753 Million Financing Deal to Advance Lobito Atlantic Railway Corridor in Angola Africa Finance Corporation (AFC) has announced the signing of key financing agreements for the Lobito Atlantic Railway Project in Angola, marking a major milestone for one of Southern Africa’s most strategic transport corridors. AFC, working alongside Eaglestone, acted as Co-Financial Adviser to Lobito Atlantic Railway S.A. (LAR), the concessionaire responsible for rehabilitating, upgrading, and operating the 1,300-kilometre railway line connecting the Port of Lobito on Angola’s Atlantic coast to the border with the Democratic Republic of… Read More Here
TAZARA Railway Revitalization Signals New Chapter in China–Africa Cooperation 3 Mining in Zambia Transport and Logistics 

TAZARA Railway Revitalization Signals New Chapter in China–Africa Cooperation

Tanzania–Zambia Railway Revamp Strengthens China–Africa Partnership and Regional Connectivity Stretching across the vast plateaus of southern Africa, the Tanzania–Zambia Railway (TAZARA) stands as a powerful symbol of enduring China–Africa friendship and cooperation that dates back to 1967. Often described as a “steel artery,” the railway spans approximately 1,860 kilometres, linking the Indian Ocean port of Dar es Salaam in Tanzania to New Kapiri Mposhi in central Zambia, and providing the landlocked, resource-rich country with vital access to global markets. At New Kapiri Mposhi railway station, a monument marks the railway’s… Read More Here
Ivanhoe Atlantic Secures Liberian Rail Access for Guinea Iron Ore Project 4 International Corporate News Iron Ore Transport and Logistics 

Ivanhoe Atlantic Secures Liberian Rail Access for Guinea Iron Ore Project

Ivanhoe Atlantic Gains Key Railway Approval in Liberia, Paving Way for Guinea Iron Ore Mine Ivanhoe Atlantic Inc., a U.S.-based mining company backed by billionaire Robert Friedland, has taken a major step toward developing an iron ore mine in Guinea after Liberia’s lawmakers approved an agreement granting the firm access to an export railway. The Liberian Senate ratified the deal on Thursday, following approval by the House of Representatives last week. The agreement, concluded earlier this year after five years of negotiations, allows Ivanhoe Atlantic to transport iron ore from… Read More Here
Lobito Atlantic Railway secures USD753 million to accelerate development in Angola 5 Transport and Logistics 

Lobito Atlantic Railway secures USD753 million to accelerate development in Angola

Lobito Atlantic Railway (“LAR”) announced it has secured USD753 million in financing from the US International Development Financial Corporation (DFC) and the Development Bank of Southern Africa (DBSA) to support the rehabilitation of the 1,300 km railway in Angola, which connects the Mineral Terminal at the Port of Lobito to Luau on Angola’s border with the Democratic Republic of Congo (DRC). The loan will enable upgrades to the railway’s track infrastructure, workshops, signalling systems, and rolling stock — enhancing the capacity, efficiency and reliability of the shortest and most direct… Read More Here
U.S. and European Union Strengthen Cooperation on the Lobito Corridor and Regional Stability 6 Transport and Logistics 

U.S. and European Union Strengthen Cooperation on the Lobito Corridor and Regional Stability

U.S. and EU Renew Support for Lobito Corridor to Boost Peace, Trade and Minerals in Central Africa The United States and the European Commission reaffirmed their “joint commitment to promoting peace, security, and economic growth” in Africa’s Great Lakes region on Thursday, in a statement focused on the Lobito Corridor and investment in Central Africa. Published by the U.S. State Department, the declaration emphasizes Washington and Brussels’ intention to “create the conditions necessary for increased American and European investment in the region,” and stresses that economic development remains “the cornerstone… Read More Here
Angola Completes First 100 km of EN-250, Linking Luau and Luacano Along the Lobito Corridor 7 Transport and Logistics Infrastructural Development International 

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

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
EU Hails Lobito Corridor as Key Global Gateway Project 8 Transport and Logistics 

EU Hails Lobito Corridor as Key Global Gateway Project

EU Praises Lobito Corridor as Flagship Global Gateway Initiative During First Certified Avocado Export Ceremony The European Union (EU) Ambassador to Angola, Rosario Bento Pais, has described the Lobito Corridor as one of the flagship initiatives of the EU’s Global Gateway strategy in Africa and a leading example of shared investment priorities. Speaking at the Port of Lobito during a ceremony marking the export of the first shipment of certified Angolan avocados to Rotterdam in the Netherlands, the ambassador emphasized the corridor’s central role in deepening regional and global connectivity… Read More Here
World Bank Announces Major Funding Package to Support Growth Along the Lobito Corridor 9 Transport and Logistics Angola 

World Bank Announces Major Funding Package to Support Growth Along the Lobito Corridor

World Bank Commits USD 600 Million to Boost Economic Diversification and Urban Development Along Lobito Corridor Luanda — The World Bank will mobilize USD 600 million to support economic diversification, urban development, and housing initiatives along the Lobito Corridor, the institution’s representative, Roland Yameogo, announced on Tuesday in Luanda. Speaking on the second day of the 7th African Union–European Union Summit, Yameogo explained that the funding will be split evenly: USD 300 million for economic diversification, with a focus on agriculture and agro-processing, and USD 300 million for urban development… Read More Here
China, Zambia, and Tanzania Seal $1.4 Billion Deal to Modernise TAZARA Railway 10 Mining in Zambia Transport and Logistics 

China, Zambia, and Tanzania Seal $1.4 Billion Deal to Modernise TAZARA Railway

China Signs $1.4B Agreement to Upgrade TAZARA Railway, Boosting Zambia–Tanzania Trade Route China has signed a $1.4-billion agreement with Zambia and Tanzania to modernise the TAZARA railway, a strategic transport corridor linking landlocked Zambia to the Indian Ocean. Originally financed and built by China in the 1970s, the TAZARA railway has long served as a vital route for copper exports and fuel imports through Tanzania. The upgrade is widely viewed as a significant counterweight to the U.S. and EU-backed Lobito Corridor, which aims to connect Angola with Zambia and the… Read More Here

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