Transport and Logistics - Copperbelt Katanga Mining

Angola, DRC, and Zambia Experts Conclude Lobito Corridor Transport Meeting 1

Experts from Angola, the Democratic Republic of Congo (DRC), and Zambia wrapped up a multi-day meeting in Lobito today December 15th, focusing on groundwork for the inaugural session of the Transport Facilitation Agency of Lobito Corridor Transit (AFTTCL) Ministers Committee. The initial discussions centered on the ratification of the Lobito Corridor Tripartite Transit Transport Facilitation Agreement among the three member states. Additionally, key aspects included the establishment of the AFTTCL Provisional Secretariat and deliberations on the master plan for the corridor. Pedro Maza, Director of the Legal and Exchange Office… Read More Here

International Transport and Logistics

Turkish Companies Eye Investment in Angola’s Lobito Corridor

December 13, 2023December 13, 2023 Constance

The Turkish ambassador to Angola, Ufuk Ekici, expressed keen interest in leveraging the vast mobility infrastructure along the Lobito Corridor for the prosperity of Turkish businesses during a meeting with Vicente Soares, President of the Chamber of Commerce and Industry of Angola (CCIA). Ekici announced plans to mobilize Turkish companies to establish themselves within the Lobito Corridor in the upcoming year, seeking partnerships between companies from both nations. He highlighted the corridor as a noteworthy area for potential investment, citing Turkey’s readiness to invest across various sectors of mutual interest.… Read More Here

Transport and Logistics International

Africa Global Logistic promise to invest 100 million dollars in the Port of Lobito

December 13, 2023December 13, 2023 Constance

The Port of Lobito and Africa Global Logistics (AGL) signed, yesterday December 12th, a contract to operate the Multipurpose Terminal of the Angolan port company, a deal in which the international logistics company receives exploration rights for 20 years, in exchange for the payment of 150 million dollars. The president of the Board of Directors of the Port of Lobito, Celso Rosas, and the executive president of AGL, Olivier Noray, signed the contract that gives rise to the immediate payment of 80 million dollars to the Angolan State, in addition… Read More Here

Mining in DRC Transport and Logistics

Railway project to Link Luanda and DRC

December 13, 2023December 13, 2023 Constance

The All-American Rail Group (AARG) signed on Sunday December 10th, in Luanda, a Memorandum of Understanding with the Ministry of Transport with the aim of supporting the railway expansion plan in the North of the country, in an investment estimated at 4.5 billion dollars. Luanda’s connection to the Democratic Republic of Congo (DRC), which aims to strengthen food security in Angola, will boost agricultural expansion in the regions of Uíge, Kwanza-Norte, Bengo, Malanje and Zaire, in close synergy with the logistics platforms of the Soyo, Malanje, Luvo and Lombe. It will also enable… Read More Here

Transport and Logistics International

European Union satisfied with the Lobito Corridor

December 12, 2023December 12, 2023 Constance

A delegation representing the European Union (EU) conducted a visit to the Port of Lobito on Saturday, the 9th, aimed at reinforcing its collaborative efforts with Angola concerning the Lobito Corridor. EU Ambassador to Angola, Rosária Bento Pais, highlighted the organization’s commitment to catalyzing the operationalization of the Lobito Atlantic Railway consortium to effectively address outlined challenges. Emphasizing a tangible step in Huambo towards establishing a logistics platform for tropical fruits, Pais underscored the need to witness firsthand the Port of Lobito’s potential. Within the framework of the EU’s “Global… Read More Here

Mining in Zambia Angola Transport and Logistics

CFM discusses Rail links Between South-Zambia and Namibia

December 9, 2023December 9, 2023 Constance

During the conference titled “Revitalization of Transport and Export Processes for Iron Ore and Ornamental Rocks in Southern Angola” on December 7th in Menongue, 84 attendees stressed the critical necessity of establishing railway connections in the region. Their focus was on expanding the Moçâmedes Railway (CFM) to create links between Menongue-Malanje (extending further to Zambia) and connecting Namibe to a terminal in Namibia. They urged for a link between Menongue-Malanje (leading to Zambia) via the Moçâmedes Railway (CFM) and another connection from Namibe to Namibia’s terminal. The initiative not only… Read More Here

International Transport and Logistics

Presidents Biden and Lourenço Strengthen US-Angola Ties

December 4, 2023December 4, 2023 Constance

President Joseph R. Biden, Jr. convened with President João Manuel Gonçalves Lourenço of Angola at the White House to explore avenues for bolstering their relationship, identifying future collaborative prospects, and addressing global challenges. Their discussions centered on substantial U.S. economic investments in Angola, notably through the President’s flagship Partnership for Global Infrastructure and Investment (PGI) in the Lobito Corridor, amounting to over a billion dollars in U.S. financing committed in the current year. These investments encompass various initiatives, such as backing for more than 180 rural bridges, enhancing digital connectivity… Read More Here

International Transport and Logistics

Porto do Lobito Union Celebrates Enhanced Working Conditions and Worker Reintegration

December 1, 2023December 1, 2023 Constance

The Trade Union Committee of Porto do Lobito expressed appreciation for the improvements in working conditions within the company. During the Workers’ Assembly at Casa do Pessoal do Porto do Lobito, marking its formalization’s first anniversary, Ernesto Muabi António, the Union Commission’s first secretary, highlighted the historical reintegration of some previously dismissed workers as a positive example. “While we continue addressing concerns among our associates regarding the company’s social fund, productivity bonus, professional qualifications, and more, we’re actively collaborating with the Administration to resolve these issues,” stated Ernesto. Responding to… Read More Here

Mining in Zambia Transport and Logistics

Progress on TAZARA Corridor Deal Expected as Zambia Eyes Railway Expansion

November 27, 2023November 27, 2023 Constance

The Zambian government anticipates finalizing a commercialization agreement for the TAZARA (Tanzania-Zambia Railway Authority) corridor by the second quarter of 2024, Transport Minister Frank Tayali revealed. A joint technical working group involving Zambia, Tanzania, and China is actively exploring avenues to advance this agreement, focusing on bolstering the corridor’s operations. Minister Tayali affirmed that both Tanzania and Zambia are aligned in welcoming China’s involvement in managing the TAZARA corridor. The recent discussions during President Hakainde Hichilema’s visit to China also encompassed strategies to enhance the corridor’s efficiency and commercial viability.… Read More Here

Transport and Logistics Angola Infrastructural Development Mining in DRC Mining in Zambia

The Lobito Corridor: Washington’s Answer to Belt and Road in Africa

November 24, 2023November 27, 2023 Constance

Launched a decade ago, China’s Road and Belt Initiative is a colossal infrastructure and economic development project spanning across Asia, Europe, and Africa. To date, 52 African governments signed Memorandums of Understanding (MoU) with China regarding the BRI and the initiative has translated into billions of dollars invested in the construction of roads, ports, railways, and other critical infrastructure. These projects are not only enhancing connectivity within the continent but also providing China with unprecedented access to Africa’s vast mineral wealth, particularly in countries like Zambia and the Democratic Republic… Read More Here