Transport and Logistics - Copperbelt Katanga Mining

Lobito Atlantic Railway Nears $533M US Loan to Boost Angola Rail Corridor

August 22, 2025August 22, 2025 Constance

Lobito Atlantic Railway close to securing $533M US loan to modernize Angola’s key copper and cobalt export route Lobito Atlantic Railway (LAR) expects to finalize a $533 million loan agreement with the US International Development Finance Corporation (DFC) by the end of this year, according to CEO Nicholas Fournier. The financing is crucial to upgrading its Angolan railway concession and strengthening a vital export corridor for critical minerals. The DFC committed the loan in 2024 to support the modernization of 1,300 km of railway, providing a faster, more reliable route… Read More Here

Transport and Logistics

Lobito Atlantic Railways Strengthens Leadership with New CEO and Chairperson Appointments

August 21, 2025August 21, 2025 Constance

Lobito Atlantic Railways Names Nicholas Fournier CEO and Alexandre Canas Chair to Drive Angola’s Transport Corridor Expansion Angola’s rail operator Lobito Atlantic Railways (LAR) has announced a significant leadership change, appointing Nicholas Fournier as CEO and Alexandre Canas as chairperson on August 19. The move marks the formal separation of the two roles, a step aimed at strengthening governance as the company enters a crucial phase of operational growth. With its new executive committee and enhanced board leadership, LAR says the updated governance structure will provide clearer separation of responsibilities,… Read More Here

Mining in Zambia Governance Transport and Logistics

U.S. to Require $15,000 Visa Bonds for Zambia and Malawi Travelers Under New Trump Policy

August 10, 2025August 10, 2025 Constance

Trump Administration Imposes Up to $15,000 Visa Bond on Zambia, Malawi Visitors Starting August 20, 2025 The administration of President Donald Trump will soon require certain visa applicants from Zambia and Malawi to post bonds of up to $15,000 for tourist and business travel to the United States, according to a U.S. State Department announcement on Tuesday. The policy, part of a new pilot program, will take effect August 20, 2025. Under the new rules, citizens or nationals traveling on passports issued by either country who are found eligible for… Read More Here

Transport and Logistics Mining in DRC Mining in Zambia

Lobito Rail Project Gains U.S. Momentum as Gateway for Africa’s Copper and Cobalt

July 18, 2025July 18, 2025 Constance

U.S. Supports Lobito Corridor Rail Project Linking DRC, Angola, and Zambia to Accelerate Mineral Exports The United States has reaffirmed its commitment to advancing the Lobito Corridor—a transformative rail project that will connect the Democratic Republic of Congo (DRC), Angola, and Zambia—in a move aimed at boosting regional trade and unlocking economic opportunities. Speaking in a recent interview, U.S. Ambassador to the DRC, Lucy Tamlyn, described the Lobito Corridor as a powerful lever for economic transformation that will benefit both the DRC and the United States. “We’re in active discussions… Read More Here

Transport and Logistics Corporate News International

Liberia Signs $1.8 Billion Deal with Ivanhoe Atlantic to Revamp Railway for Guinea Iron Ore Exports

July 13, 2025July 13, 2025 Constance

Liberia, Ivanhoe Atlantic Ink $1.8B Railway Deal to Export Guinea Iron Ore via Revamped Corridor The Government of Liberia has signed a $1.8 billion infrastructure agreement with U.S.-based Ivanhoe Atlantic Inc., enabling the mining company to rehabilitate and utilize Liberia’s railway network for transporting iron ore from neighboring Guinea to export markets. The U.S. Embassy in Liberia described the deal as “a crucial step” in advancing President Joseph Boakai’s agenda to implement a multi-user rail policy and attract foreign direct investment. “This agreement supports President Boakai’s vision of opening Liberia’s… Read More Here

Mining in DRC Transport and Logistics

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

June 26, 2025June 26, 2025 Constance

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