World Bank Announces Major Funding Package to Support Growth Along the Lobito Corridor 1 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 2 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
Angola Enhances Lobito Corridor for Regional Transport and Trade 3 Transport and Logistics 

Angola Enhances Lobito Corridor for Regional Transport and Trade

Angola Signs Agreement to Boost Lobito Corridor as Regional Transport, Trade, and Logistics Hub Angola has taken a significant step in asserting its role as a key player in regional transport and trade, following the signing of an agreement on Monday in Luanda between the Angolan Government and the Lobito Corridor Transit Transport Facilitation Agency (AFTTCL). The agreement establishes the opening of a representation of the Agency in Angola. The signing ceremony was presided over by Minister of Transport Ricardo Viegas D’Abreu and AFTTCL Executive Secretary Amadeu Nunes, with the… Read More Here
TAZARA Revitalisation Set to Safeguard Zambia’s Road Infrastructure 4 Mining in Zambia Transport and Logistics 

TAZARA Revitalisation Set to Safeguard Zambia’s Road Infrastructure

Zambia Plans Major Cargo Shift to Rail as Part of TAZARA Rehabilitation Strategy Transport and Logistics Minister Frank Tayali says the ongoing revitalisation of the Tanzania–Zambia Railway Authority (TAZARA) will significantly reduce the volume of heavy cargo transported by road, helping preserve the country’s road infrastructure. Speaking in the National Assembly in response to a question from Shiwang’andu Member of Parliament Stephen Kampyongo, Mr. Tayali explained that heavy cargo is one of the leading causes of road degradation. Shifting these loads to the railway will therefore play a crucial role… Read More Here
EU Commits €50 Million to Rehabilitate Zambia’s Livingstone–Ndola Railway 5 Mining in Zambia Transport and Logistics 

EU Commits €50 Million to Rehabilitate Zambia’s Livingstone–Ndola Railway

EU Funds Livingstone–Ndola Railway Rehabilitation to Boost Zambia’s Regional Trade and Mining Logistics The European Union has committed €50 million to rehabilitate the railway line from Livingstone to Ndola, a major investment expected to strengthen regional trade corridors and reduce transport costs across Zambia and Southern Africa. The announcement followed a tour of the Ngwerere–Lusaka rail section by European Commissioner for International Partnerships Jozef Sikela, who reiterated the EU’s long-standing support for Africa’s infrastructure development agenda. “Modernising Zambia’s logistics infrastructure will strengthen not only the country’s economy but also Europe’s… Read More Here
EU and Zambia Sign €200 Million Funding Deal to Accelerate Lobito Corridor Development 6 Mining in Zambia Transport and Logistics 

EU and Zambia Sign €200 Million Funding Deal to Accelerate Lobito Corridor Development

EU, Zambia Ink €200 Million Global Gateway Agreements to Boost Lobito Corridor, Rail, Energy, and Agriculture Sectors The European Union (EU) and the Government of Zambia have signed ten new funding agreements worth €200 million (approximately 5 billion Kwacha) aimed at promoting a holistic development approach for the Lobito Corridor. The agreements, signed under the EU’s Global Gateway initiative, were witnessed by President Hakainde Hichilema during the EU–Zambia Lobito Corridor Business Forum held in Chongwe today. Boosting Railway Efficiency and Connectivity Among the key agreements is the EU’s contribution of… Read More Here
EU Strengthens Support for Lobito Corridor to Boost Zambia’s Trade and Industrial Growth 7 Mining in Zambia Events & Expos Transport and Logistics 

EU Strengthens Support for Lobito Corridor to Boost Zambia’s Trade and Industrial Growth

EU, Sweden, Finland, and Czech Republic Back Zambia’s Lobito Corridor to Drive Regional Trade and Economic Transformation The European Union (EU) has reaffirmed its commitment to supporting the Lobito Corridor project, citing its potential to enhance regional connectivity, trade, and economic growth across Southern Africa. Speaking during the official opening of the EU–Zambia Lobito Corridor Business Forum in Chongwe, Swedish Director General for Trade Policy at the Ministry of Foreign Affairs, Camilla Mellander, said the EU views the corridor as a catalyst for regional integration and sustainable development. Ms. Mellander… Read More Here
Zambia Strengthens Ties with European Investment Bank to Accelerate Lobito Corridor Development 8 Mining in Zambia Transport and Logistics 

Zambia Strengthens Ties with European Investment Bank to Accelerate Lobito Corridor Development

Zambia and EIB Deepen Cooperation to Boost Investment in the Lobito Corridor and Drive Regional Trade Growth Zambia has intensified its engagement with multilateral development partners, as Finance and National Planning Minister Dr. Situmbeko Musokotwane met with European Investment Bank (EIB) Vice President Karl Nehammer ahead of the Zambia–EU Lobito Corridor Business Forum, scheduled for 13–14 November in Lusaka. The high-level bilateral talks focused on unlocking new investment opportunities along the Lobito Corridor, a key regional transport network linking Zambia to the Atlantic Ocean through Angola and the Democratic Republic… Read More Here
Tanzania Reopens Border with Zambia, Restores Key Copper Trade Corridor 9 Mining in Zambia Transport and Logistics 

Tanzania Reopens Border with Zambia, Restores Key Copper Trade Corridor

Tanzania Reopens Zambia Border After Post-Election Unrest, Boosting Copper and Cobalt Exports Tanzania has reopened its border with Zambia, restoring the flow of cargo along a critical trade corridor for Africa’s two largest copper exporters. The border had been closed last week due to post-election unrest, which brought shipments to a standstill. The situation normalized on Monday, according to Oliver Nzala, corporate communications manager at the Zambia Revenue Authority. Border authorities are now working to reduce the backlog, clearing approximately 250 trucks daily in each direction. Tanzania’s Dar es Salaam… Read More Here
Angola Seeks $4.5 Billion to Build Rail Link Connecting Zambia’s Copperbelt 10 Transport and Logistics Angola Mining in Zambia 

Angola Seeks $4.5 Billion to Build Rail Link Connecting Zambia’s Copperbelt

Angola Secures International Support for $4.5B Zambia-Lobito Rail Corridor to Boost Copper Trade Angola sought $4.5 billion in funding to construct an ambitious rail link to Zambia’s copper-rich region, Transport Minister Ricardo Viegas d’Abreu said. Italy committed $320 million to the project, while the African Development Bank pledged $500 million, d’Abreu told reporters Wednesday on the sidelines of a conference in Luanda, Angola’s capital. He also noted that the Egyptian government had recently expressed interest in financing the initiative. The new Zambian spur is part of the larger Lobito Corridor… Read More Here

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