Transport and Logistics - Copperbelt Katanga Mining

Italy Commits €320 Million to Enhance Zambia's Lobito Corridor Project 1

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

Angola Mining in DRC Mining in Zambia Partnership Transport and Logistics

ProMarks and Trafigura sign MOU with the Angolan government

July 5, 2024July 5, 2024 Constance

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

Transport and Logistics Angola Mining in DRC Mining in Zambia

The Impact of Lobito Atlântico Railways on the Benguela Railway Corridor

June 28, 2024June 28, 2024 Constance

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

Infrastructural Development Angola Mining in DRC Mining in Zambia Transport and Logistics

G-7 Summit Pledges Boost to African Infrastructure Investment

June 27, 2024June 27, 2024 Constance

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

Mining in Zambia Transport and Logistics

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

June 27, 2024June 27, 2024 Constance

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

Mining in Zambia Transport and Logistics

Zambia and TradeMark Africa Enhance Nakonde Border Post

June 27, 2024June 27, 2024 Constance

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

Mining in Zambia Transport and Logistics

TAZARA Suspends Cross-Border Passenger Train Services Amid Operational Challenges

June 22, 2024June 22, 2024 Constance

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

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

June 19, 2024June 19, 2024 Constance

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

Transport and Logistics Angola Mining in DRC Mining in Zambia

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

June 18, 2024June 18, 2024 Constance

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

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

June 1, 2024June 1, 2024 Constance

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