G-7 Summit Pledges Boost to African Infrastructure Investment 1 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 2 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 3 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
TAZARA Suspends Cross-Border Passenger Train Services Amid Operational Challenges 4 Mining in Zambia Transport and Logistics 

TAZARA Suspends Cross-Border Passenger Train Services Amid Operational Challenges

The Tanzania-Zambia Railways Authority (TAZARA) has announced a significant suspension of its cross-border passenger train operations, effective June 18, 2024, due to a series of operational challenges. This abrupt halt affects the passenger train services running between Kapiri Mposhi in Zambia and Dar es Salaam in Tanzania, a crucial transportation link for many commuters and travelers in the region. In a statement, TAZARA expressed regret over the suspension, underscoring the severity of the challenges faced by the authority. While the specific nature of these operational difficulties was not detailed, it… Read More Here
Lobito Atlantic Railway orders new container wagons to transport goodsvia the Lobito Corridor 5 Transport and Logistics Angola Mining in DRC Mining in Zambia Press Release 

Lobito Atlantic Railway orders new container wagons to transport goodsvia the Lobito Corridor

Lobito, Angola, 19 June 2024 – The Lobito Atlantic Railway (LAR), the concession holder for the operation, management and maintenance of the Lobito Corridor, has placed an order for 275 new container wagons from South African company Galison Manufacturing for an undisclosed sum. The container wagons will be delivered in three tranches with the first wagons due to arrive in Lobito from the fourth quarter of this year. They will be able to carry 10, 20 and 40 ft long containers, giving flexibility for the load transported. This order is… Read More Here
Italy Joins US and EU in Promoting Sustainable Development Along Lobito Corridor 6 Transport and Logistics Angola Mining in DRC Mining in Zambia 

Italy Joins US and EU in Promoting Sustainable Development Along Lobito Corridor

On Friday, during the G7 meeting it hosted, Italy committed to joining the US and EU in efforts to promote sustainable development along the Lobito Corridor. This initiative aims to enhance collaboration and mobilize up to $320 million in investments to support core rail infrastructure and related projects, in synergy with the Green Infrastructure Alliance in Africa (AGIA). The Lobito Corridor is a significant railway infrastructure that traverses Angola, the Democratic Republic of Congo, and Zambia, regions rich in minerals and oil. It connects Southern and Central Africa, providing access… Read More Here
Lobito Corridor to Enhance Freight Capacity with 275 New Wagons from South Africa's Galison Manufacturing 7 Transport and Logistics Angola Mining in DRC Mining in Zambia 

Lobito Corridor to Enhance Freight Capacity with 275 New Wagons from South Africa’s Galison Manufacturing

In furtherance of the commitment to invest $455 million in Angola, the Lobito Atlantic Railway—a consortium of Trafigura, Mota-Engil, and Vecturis—has awarded a contract to South Africa’s Galison Manufacturing to supply 275 container wagons over 30 months. This investment, part of a larger procurement plan for 35 locomotives and 1555 wagons, aims to enhance the Lobito Corridor’s freight capacity. The Lobito Atlantic Railway, a consortium of Trafigura, Mota-Engil, and Vecturis, has previously pledged to invest $455 million in Angola, much of which will go towards procuring 35 locomotives and 1555… Read More Here
USAID Administrator Announces New Investments Along the Lobito Corridor 8 International Transport and Logistics 

USAID Administrator Announces New Investments Along the Lobito Corridor

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
Economic Growth in Benguela Boosted by Lobito Refinery and Corridor Projects 9 Transport and Logistics International 

Economic Growth in Benguela Boosted by Lobito Refinery and Corridor Projects

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
Lobito Corridor IPA Welcomes Patson Malisa as New Director General 10 Transport and Logistics 

Lobito Corridor IPA Welcomes Patson Malisa as New Director General

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

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