Transport and Logistics - Copperbelt Katanga Mining

DRC Highlights Strategic Role of Lobito Corridor at US-Africa Business Summit 1

At the 17th US-Africa Business Summit, which opened on Monday, June 23, 2025, in Luanda, the Democratic Republic of Congo (DRC) reaffirmed the strategic importance of the Lobito Corridor in its economic transformation ambitions. Representing President Félix Tshisekedi, Deputy Prime Minister in charge of Transport, Jean-Pierre Bemba, emphasized that this rail corridor—linking southern DRC to the Atlantic Ocean via Angola’s port of Lobito—provides “a direct and vital access” to global markets. This statement reflects a significant geoeconomic reality: as a landlocked country reliant on saturated or unstable transport routes, the… Read More Here

Mining in Zambia Partnership Transport and Logistics

Lobito Corridor Gains Global Momentum as Zambia Deepens EU-Italy Partnerships

June 23, 2025June 24, 2025 Constance

Zambia has strengthened its global development partnerships following a high-level summit on the Mattei Plan and the European Union’s Global Gateway, held in Rome. The meeting, co-hosted by Italian Prime Minister Giorgia Meloni and European Commission President Ursula von der Leyen, reaffirmed Italy and the EU’s support for Zambia through the transformative Lobito Corridor Project. Representing Zambia at the summit was Minister of Finance and National Planning, Hon. Dr. Situmbeko Musokotwane. The event brought together top officials from Angola, the Democratic Republic of Congo, Tanzania, and Zambia, with discussions centered… Read More Here

Transport and Logistics Angola Economy Mining in DRC Mining in Zambia

AFC Secures $320 Million Deal with Italy to Boost Angola’s Lobito Corridor

June 10, 2025June 10, 2025 Constance

Africa Finance Corporation (AFC), a Lagos-based continental financier, will soon sign a $320 million financing agreement with Italy, part of which will support the development of a new transport corridor linking critical mineral fields in central Africa to Angola’s Lobito port, according to AFC CEO Samaila Zubairu. AFC, owned by African central banks and development lenders, is the financing partner for the U.S.-backed Lobito Corridor project. The corridor aims to connect the Atlantic port of Lobito in Angola with mineral-rich regions in Zambia and the Democratic Republic of the Congo,… Read More Here

Transport and Logistics Mining in DRC Mining in Zambia

Lobito Corridor Platform Launched to Drive $1 Billion Investment in African Growth

May 21, 2025May 21, 2025 Constance

The Angola Sovereign Wealth Fund (FSDEA), in partnership with entrepreneur Haim Taib — Founder of the international firm Mitrelli and the Menomadin Group — has launched a $1 billion investment initiative to accelerate development along the Lobito Corridor. This vital trade route spans Angola, Zambia, and the Democratic Republic of the Congo (DRC). The new initiative, named the Lobito Corridor Impact Development (LCID) platform, will operate as an independent investment vehicle. Its mission is to catalyze industrial and human development through strategic investments in infrastructure, agriculture, education, digital inclusion, and… Read More Here

Transport and Logistics Angola Mining in DRC Mining in Zambia

U.S. Commits $6 Billion to Boost Southern Africa’s Lobito Corridor

May 14, 2025May 14, 2025 Constance

The United States has announced the mobilization of nearly $6 billion to support the development of the Lobito Corridor—a key transport infrastructure project linking Angola, the Democratic Republic of Congo (DRC), and Zambia. The announcement was made on Saturday, May 10, 2025, by the U.S. State Department via its official account on the social platform X (formerly Twitter). The funding is designated for the development and construction of the Lobito Corridor, which aims to connect southern DRC and northwestern Zambia to the Atlantic port of Lobito in Angola. The corridor… Read More Here

Transport and Logistics International

UK Ambassador Praises Lobito Corridor as a Catalyst for Angola’s Economic and Regional Integration

May 13, 2025May 13, 2025 Constance

The United Kingdom’s Ambassador to Angola, Bharat Joshi, has described the Lobito Corridor as a key infrastructure project for Angola’s economic growth and Southern Africa’s regional integration. Speaking on Wednesday in Luanda during the Angola–UK Business Forum, the diplomat highlighted the project’s transformative potential for millions living in historically underserved regions. “After visiting Benguela three times and meeting various partners in Lobito, I came to understand the true scale of the Corridor and its potential impact on the country’s future,” Joshi said. He emphasized that the Lobito Corridor stands out… Read More Here

Transport and Logistics International

Lobito Corridor Investment Opportunities Presented in Huambo

May 13, 2025May 13, 2025 Constance

Angola’s Ministries of Transport and Planning joined forces to host a seminar last Friday in the city of Huambo, aimed at showcasing the investment potential and opportunities along the Lobito Corridor. Held at the Manuel Rui Monteiro Cultural Center, the event focused on presenting the Railway Branch Line and Freight Terminal Project of the Caála Logistics Platform. It brought together local entrepreneurs from various sectors, including agriculture, livestock, transport, and construction. During the seminar, Adriana Penha, Contract Manager of the Caála Logistics Platform, emphasized that the meeting served as a… Read More Here

Mining in DRC Contracts & tenders Transport and Logistics

DRC Launches Tender to Revive Key Northeastern Railway Corridor

May 9, 2025May 9, 2025 Constance

The government of the Democratic Republic of Congo has launched an international tender to restore and modernize the Bumba–Aketi–Buta–Mungbere railway, an 870-kilometre line in the northeastern part of the country. The tender was officially announced on May 2, 2025, by the Ministry of Transport in Kinshasa. This narrow-gauge railway (0.60 meters), with rails ranging from 18 to 33 kg/m, was once a backbone of the regional economy, transporting agricultural and mineral products. However, it has been in disrepair since the late 1990s, following decades of neglect and the collapse of… Read More Here

Mining in DRC Angola Economy Mining in Zambia Transport and Logistics

U.S. Reaffirms Support for Lobito Corridor to Boost DRC and Regional Economies

April 27, 2025April 27, 2025 Constance

On April 17, 2025, U.S. Senior Advisor Massad Boulos announced that Washington would continue supporting the Lobito Corridor, a major rail and road project connecting the Democratic Republic of Congo’s (DRC) mineral-rich regions to Angola’s Atlantic port. The statement followed his visit to the DRC, Rwanda, Uganda, and Kenya. “We fully support the Lobito Corridor, a huge project vital not only for the economies of Congo, Zambia, and Angola but for the entire region,” Boulos said during a press briefing. He noted that the U.S. Development Finance Corporation is a… Read More Here

Copper Angola Mining in DRC Transport and Logistics

Angola to Anchor New Africa-Latin America Copper Route

April 23, 2025April 23, 2025 Constance

The multinational company PLASFER, which specializes in raw material exports, is advancing administrative and technical processes to leverage the Lobito Corridor as a “New Copper Industry Export Route.” This strategic logistics route aims to connect the Democratic Republic of Congo (DRC), Angola, Latin America, and Europe. PLASFER has spent over three years developing an innovative project in the DRC, in collaboration with partners across Europe and the Americas. The company considers this new logistics initiative one of the most significant developments in African trade in the past 50 years, as… Read More Here