Transport and Logistics - Copperbelt Katanga Mining

Biden Announces $600 Million in New Financing for African Railway Infrastructure 1

President Joe Biden is concluding his trip to Angola with a significant announcement of $600 million in new financing for a multi-country railway, a move aimed at boosting U.S. investment in critical minerals infrastructure across Africa and countering China’s growing influence on the continent. This latest announcement builds on the $553 million pledged earlier this year by the U.S. International Development Finance Corporation (DFC) for the Lobito Trans-Africa Corridor, which will connect the Central African copperbelt to the Angolan coast. The new funding will support not only rail infrastructure but… Read More Here

Transport and Logistics Angola Mining in DRC Mining in Zambia Press Release

President Biden visits Lobito Atlantic Railway to view copper exports to the USA

December 5, 2024December 5, 2024 Constance

Lobito, December 4, 2024 – The President of the United States of America, Joe Biden, visited the Multipurpose Terminal at the Port of Lobito, Angola yesterday, where he watched the arrival of a train operated by the Lobito Atlantic Railway (LAR), transporting copper from the Democratic Republic of Congo (DRC). The copper was then loaded onto a vessel bound for New Orleans, in the United States, highlighting, once again, the strategic role of the Lobito Corridor in linking Southern Africa and international markets. Nicolas Gregoir, Director of Operations (COO) at LAR, presented to… Read More Here

Transport and Logistics Angola Mining in DRC Mining in Zambia

World Bank Announces $300 Million Project for the Lobito Corridor

December 2, 2024December 2, 2024 Constance

The World Bank is preparing a $300 million project for the Lobito Corridor, according to Victoria Kwakwa, the institution’s Vice President for Eastern and Southern Africa. She emphasized that participating countries must create favorable conditions for foreign investment. “The three countries involved must also focus on improving connectivity. Each must establish conditions to boost trade, address regulatory barriers, and develop infrastructure that enhances regional connectivity. This will enable the region to become a hub of commerce and development,” Kwakwa stated, as reported by Lusa. Highlighting the strategic importance of the… Read More Here

Mining in Zambia Economy Transport and Logistics

Zambia Advances SME Growth with Lobito Corridor Trade Facilitation Project

November 30, 2024November 30, 2024 Constance

Zambia has taken a major step toward supporting Small and Medium Enterprises (SMEs) by signing a Memorandum of Understanding (MOU) for the Lobito Corridor Trade Facilitation Project. This initiative, backed by the African Development Bank (AfDB), involves collaboration between Zambia’s Ministry of Commerce, Trade, and Industry and the Ministry of Small and Medium Enterprise Development. The project seeks to strengthen trade among the Lobito Corridor states—Zambia, Angola, and the Democratic Republic of Congo (DRC). The MOU was signed during a ceremony in Lusaka attended by senior government officials, directors, and… Read More Here

Mining in DRC Governance Infrastructural Development Transport and Logistics

DRC Plans Strategic Partnership with China to Advance Transport and Infrastructure Projects

November 30, 2024November 30, 2024 Constance

The Democratic Republic of Congo (DRC) is strengthening its collaboration with China to accelerate development in key sectors, including transport. Deputy Prime Minister and Minister of Transport, Communication Routes, and Disenclavement, Jean-Pierre Bemba Gombo, emphasized this partnership during a Council of Ministers meeting on November 22, 2024. Bemba presented an information note detailing efforts to prepare a comprehensive list of projects to be submitted to Chinese financial institutions as part of the Sino-Congolese cooperation framework. According to the minutes of the Council of Ministers, the finalized project lists were discussed… Read More Here

Mining in Zambia Copper Transport and Logistics

Cold Box Unit Completes Successful Journey to Kansanshi Mine in Zambia

November 25, 2024November 25, 2024 Constance

The Cold Box Unit has successfully arrived at Kansanshi Mine in Solwezi, completing a challenging journey that began on October 29, 2024, at the Katima Mulilo Border in Zambia’s Western Province. After a well-coordinated transport effort, the load passed through multiple provinces, navigating various terrains and logistical hurdles before arriving at the Kansanshi Mine boom gate at 16:50 hours. Transporting this large and complex piece of equipment posed significant challenges due to its abnormal size and weight. The operation required meticulous planning and coordination between transport authorities, logistics teams, and… Read More Here

Mining in Zambia Angola Mining in DRC Transport and Logistics

Africa Finance Corporation Advances Zambia-Lobito Rail Project with Concession Agreements

October 27, 2024October 27, 2024 Constance

The Africa Finance Corporation (AFC) has significantly advanced the Zambia Lobito Rail project by entering into concession agreements with the governments of Angola and Zambia. This ceremonial signing took place on the sidelines of the 79th session of the United Nations General Assembly (UNGA 79) with the participation of U.S. Secretary of State Antony J. Blinken and the Biden Administration’s G-7 Partnership for Global Infrastructure and Investment (PGI). The agreements empower the AFC to take the lead in funding, constructing, owning, and operating this vital infrastructure project aimed at enhancing… Read More Here

Mining in Zambia Transport and Logistics

Zambia Joins Central Corridor Transit Transport Facilitation Agency to Boost Regional Trade

October 10, 2024October 10, 2024 Constance

In a significant move to enhance regional trade and transportation, Zambia has officially become a full member of the Central Corridor Transit Transport Facilitation Agency (CCTTFA). The agreement was signed by Minister of Transport and Logistics, Hon. Eng. Counsel Museba Frank Tayali, during the Interstate Council of Ministers Meeting in Kinshasa, DRC. The high-level meeting was chaired by Jean-Pierre Bemba, Deputy Prime Minister and Minister of Transport of the DRC. The Central Corridor is an integrated multimodal transport and logistics network that connects member states to the Indian Ocean through… Read More Here

Mining in Zambia Transport and Logistics

Zambia Signs MoU to Boost Trade Through Lobito Corridor

October 4, 2024October 4, 2024 Constance

The Ministry of Commerce, Trade and Industry (MCTI) has signed a Memorandum of Understanding (MoU) with the National Quality Institutions (NQI) to implement the Lobito Corridor Trade Facilitation Project, supported by an African Development Bank grant of US$8.1 million. This project aims to enhance both domestic and cross-border trade between Zambia, Angola, and the Democratic Republic of Congo (DRC). The NQI comprises key regulatory bodies, including the Zambia Metrology Agency (ZMA), Zambia Bureau of Standards (ZABS), Zambia Compulsory Standards Agency (ZCSA), and the Competition and Consumer Protection Commission (CCPC). These… Read More Here

Mining in DRC Economy Transport and Logistics

U.S. Commits Support for DRC’s Lobito Corridor to Boost Regional Integration and Economic Growth

September 22, 2024September 22, 2024 Constance

During the 2nd edition of the DRC Battery Metals Forum, U.S. Ambassador to the Democratic Republic of Congo (DRC), Lucy Tamly, reaffirmed the United States’ commitment to supporting the Lobito Corridor project. This initiative is designed to enhance regional integration, create jobs, and boost global trade, particularly in agriculture, digital, and clean energy sectors. “We are focused on ways to assist the DRC in advancing the Lobito Corridor. This project is part of our global infrastructure and investment program aimed at improving regional connectivity—from mine to port—by linking the DRC… Read More Here