Transport and Logistics - Copperbelt Katanga Mining

Benguela Entrepreneurs Encouraged to Seize Lobito Corridor and Refinery Opportunities 1

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

Mining in Zambia Copper Mining in DRC Transport and Logistics

Zambia Embraces US-Backed Project to Transform Copper Mining Logistics

March 3, 2024March 3, 2024 Constance

Zambian President Hakainde Hichilema has hailed a transformative initiative supported by the United States, aiming to link the nation’s copper mines to the Angolan port of Lobito, presenting what he calls a “once-in-a-lifetime” opportunity for Zambia. The ambitious project involves the construction of new railway infrastructure in Zambia, connecting mining operations owned by companies such as Barrick Gold Corp. and First Quantum Minerals Ltd. to the Atlantic Ocean port of Lobito in Angola. The United States is contributing to the refurbishment of the Angolan railway with a $250 million loan,… Read More Here

Transport and Logistics Mining in DRC Mining in Zambia

European Union Reaffirms Commitment to Lobito Corridor Development in Angola

February 26, 2024February 27, 2024 Constance

In a recent meeting held in Luanda, the European Union (EU) reiterated its dedication to financing ongoing feasibility studies and professional training initiatives aimed at enhancing productivity and profitability within the Lobito Corridor. The assurance came during discussions between European Commissioner Jutta Urpilainen and Angolan Minister of Transport, Ricardo Viegas D’Abreu. The primary focus of this meeting was to underscore the EU’s unwavering support for the development of the Lobito Corridor. Through its Global Gateway Strategy initiative, the EU has already allocated three million euros for feasibility studies aimed at… Read More Here

Mining in DRC Transport and Logistics

USD 956 million needed for the modernization of the Matadi-Kinshasa railway

February 19, 2024February 19, 2024 Constance

The Matadi-Kinshasa railway modernization project necessitates a budget of $956 million, as revealed by Adel Kayinda, Minister of State and Minister of Portfolio, during the recent Council of Ministers meeting held on February 16, 2024. Kayinda outlined the essential steps required for the successful execution of this transformative railway project in the Democratic Republic of Congo (DRC), emphasizing positive assessments from the Analysis Commission regarding technical, financial, and legal aspects. Four critical conditions were highlighted for the project’s success: 1.Establishment of a project company to oversee the CFMK. 2.Formation of… Read More Here

Copper Mining in DRC Press Release Transport and Logistics

Ivanhoe Mines’ Kamoa-Kakula to Export Copper via Lobito Railway

February 12, 2024February 12, 2024 Constance

Term sheet allocates Kamoa-Kakula up to 240,000 tonnes of annual capacity for export of copper products along the Lobito Corridor from 2025 ■ Lobito Corridor passes through Ivanhoe’s Western Foreland licences and within five kilometres ofKamoa-Kakula ■ Lobito Corridor will transform economic and social development of the DRC, as well as its neighbouring countries, accelerating regional economic development ■ Lobito Corridor is supported by the United States and G7 nations through the Partnership for Global Infrastructure and Investment Ivanhoe Mines’ (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chair Robert Friedland and President Marna… Read More Here

Mining in Zambia Coal Transport and Logistics

Zambia’s Govt Inaugurates Chambeshi Railway Siding Depot to Boost Logistics in the Country

January 31, 2024January 31, 2024 Constance

The Zambian government has officially launched a railway siding depot at Sunline Zambia logistics company in Kalulushi District, Copperbelt. The depot aims to facilitate the transportation of fifteen thousand metric tonnes of coal monthly, contributing to efforts to enhance the railway sector and alleviate road congestion caused by heavy cargo transport. Transport and Logistics Minister Frank Tayali emphasized the project’s significance, praising the government’s economic policies that attracted a three-million-dollar investment from the Chinese company into the Chambeshi railway siding. Johnny Jiang, Chairman of Sunline International Logistics, commended the Zambian… Read More Here

Mining in Zambia Transport and Logistics

Zambia and Botswana Establish Kazungula Bridge Authority for Regional Economic Growth

January 31, 2024January 31, 2024 Constance

Zambia and Botswana have successfully concluded discussions to establish the Kazungula Bridge Authority, which will be headquartered in Botswana. During a meeting with Botswana President Mokgweetsi Masisi, Zambian President Hakainde Hichilema announced the outcomes of the discussions. The key agreement is that the Chief Executive Officer of the Kazungula Bridge Authority will be a Zambian. President Masisi shared that, once formalities are completed, the authority will focus on expanding access roads and implementing advanced ICT technology to enhance service delivery. Ministers from both countries have been assigned to address outstanding… Read More Here