Transport and Logistics - Copperbelt Katanga Mining

The Lobito Corridor, a Route to African Development?

May 4, 2024May 4, 2024 Constance

In this article, Veronica Bolton Smith makes the case that the participating countries in the Lobito Corridor need to do more to become part of the $60 billion Electric Vehicle (EV) battery supply chain. The stakes are high for Africa as the EV battery market is anticipated to more than double in size to $141.6 billion by 2032, according to Apollo Research. A primary goal of the Lobito Corridor initiative is to improve and expand the existing railway and supporting infrastructure to allow efficient flows of critical raw materials from… Read More Here

Transport and Logistics Angola Mining in DRC Mining in Zambia

Lobito Corridor Master Plan brings together Government and partners on Thursday

April 23, 2024April 23, 2024 Constance

Government officials, business leaders, international partners, and experts will convene for a workshop on Thursday to lay the groundwork for the Master Plan of the Lobito Corridor, also known as the Benguela Railway. The meeting, as reported by JA Online, will focus on mapping infrastructure gaps, discussing the design and significance of public-private partnerships, and exploring avenues for unlocking the corridor’s development potential. Organized jointly by the Ministries of Planning and Transport, in collaboration with the World Bank, the workshop adopts the theme “Diversify more by unlocking the potential of… Read More Here

Transport and Logistics Angola Mining in DRC Mining in Zambia

Confronting the China Challenge in Africa: The Lobito Corridor

April 19, 2024April 19, 2024 Constance

The Lobito Corridor project in Africa is a significant infrastructure initiative aimed at creating a vital trade route. It seeks to connect the mineral-rich Democratic Republic of the Congo (“DRC”) and Zambia to Angola’s Atlantic coast port city of Lobito. This project holds particular interest for some Western nations, potentially serving as a counterpoint to China’s expansive Belt and Road Initiative (“BRI”). China remains a dominant economic force in Africa, having invested $1.8 billion in the first half of 2023 alone, marking a year-on-year increase of 4.4 percent. Chinese investments… Read More Here

Mining in Zambia Transport and Logistics

Presidents Hichilema and Masisi Advocate for Optimization of Kazungula Bridge Asset

April 4, 2024April 4, 2024 Constance

President Hakainde Hichilema and his counterpart Mokgweetsi Masisi have emphasized the need to optimize the Kazungula Bridge asset to ensure uniform development in the surrounding areas. They urged relevant offices to expedite negotiations on pending agreements during a joint communique read by Foreign Affairs Permanent Secretary Etambuyu Gundersen after witnessing the signing of 10 instruments of cooperation. Additionally, both presidents highlighted the importance of constructing a rail line to promote traffic flow across the bridge and enhance trade between Zambia and Botswana. Stakeholders have welcomed the signing of the 10… Read More Here

International Transport and Logistics

Transformative Changes at Port of Lobito Result in 60% Reduction in Expenses

March 30, 2024March 30, 2024 Constance

Celso Rosas, President of the Board of Administration at the Port of Lobito, announced yesterday that the port has successfully reduced costs related to salaries, health services, food provisions, training, and other expenditures by 60%. This achievement follows the transfer of 850 workers to assets now under the concession of Lobito Atlantic Railways and Africa Global Logistics. Speaking at a staff meeting commemorating the 96th anniversary of the Port of Lobito, Rosas highlighted the significant financial impact of transferring employees to concessioned assets. With reduced personnel costs, the port can… Read More Here

Transport and Logistics Mining in Zambia

Africa Global Logistics Announces Launch in Zambia: Transforming Transport and Logistics Landscape

March 28, 2024March 28, 2024 Constance

Africa Global Logistics, a leading logistics solutions provider, is proud to announce its official rebrand launch in Zambia. With a rich history of excellence and innovation, and formally known as Bollore Logistics, Africa Global Logistics is poised to revolutionize the logistics landscape in Zambia, delivering unparalleled services and driving economic growth and development.The rebrand of Africa Global Logistics in Zambia represents a strategic move to strengthen the company’s presence in the region and capitalize on the country’s burgeoning logistics sector. With Zambia’s strategic location and growing economy, Africa Global Logistics… Read More Here

International Transport and Logistics

Benguela Entrepreneurs Encouraged to Seize Lobito Corridor and Refinery Opportunities

March 17, 2024March 17, 2024 Constance

The provincial governor of Benguela has called on the business community in Benguela to fully leverage the economic prospects presented by the Corridor and Refinery located in Lobito. Speaking at the inauguration of Aliança Empresarial’s new headquarters, Governor Luís Nunes underscored the importance of unity among business leaders. Aliança Empresarial, currently comprising 17 members, welcomed four new members during the event, with a mission to bolster the province’s socioeconomic activities through collaborative efforts. Among the newly incorporated members are prominent associations such as the Angola Industrial Association (AIA), Salt Producers… Read More Here

International Transport and Logistics

Angola’s ‘Diversifica Mais’ Initiative Sparks Economic Growth Along Lobito Corridor

March 14, 2024March 14, 2024 Constance

The “Diversifica Mais” initiative, launched by the Ministry of Planning in Luanda, aims to drive economic diversification and job creation along the Lobito Corridor. This project is set to support 370 companies operating within the corridor, while offering technical assistance to an additional two thousand enterprises. Led by project director Laércio Cândido, Diversifica Mais aims to increase private investment and foster growth among micro, small, and medium-sized enterprises. With a projected timeline extending until 2029, the initiative seeks to facilitate sustainable economic transformation throughout the corridor, spanning over a thousand… Read More Here

International Transport and Logistics

Africa Global Logistics Commences Operations at Port of Lobito

March 11, 2024March 11, 2024 Constance

Africa Global Logistics (AGL) marked a significant milestone last week as it received the first cargo ship at the Port of Lobito in the Benguela province of Angola. The arrival of the ship at the general cargo terminal signals the formalization of AGL’s activities in operating the Multipurpose terminal at Porto do Lobito. Managed by the firm Seatrade, the cargo ship, measuring 169.37 meters long, brought 6,500 tons of rice to the port. It has been docked at the south pier since Tuesday to commence unloading operations. This historic moment… Read More Here

Mining in Zambia Angola Mining in DRC Transport and Logistics

US Calls For Progress On Zambia-Lobito Rail-Line

March 9, 2024March 9, 2024 Constance1 Comment

United States President JOE BIDEN’s Senior Advisor AMOS HOCHSTEIN has called for an accelerated path towards achieving a bankable concession agreement for the new Zambia-Lobito rail line. Mr. HOCHSTEIN says this must be aligned with host country laws, and coordinate additional investment projects that complement and benefit from the core transportation investment. He says the project will also come along with infrastructure investments in digital access, clean energy and energy supply chains, agribusiness and health. Mr. HOCHSTEIN has also expressed optimism that the construction of Lobito corridor will start in… Read More Here