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LOBITO, Angola (Reuters) -U.S. President Joe Biden met African leaders in the Angolan port of Lobito on Wednesday to advance a plan to extend a railway that could channel critical minerals from ...
It was a milestone moment for the Lobito Corridor, an initiative backed by a US and Europe that aims to create an efficient transport link from Africa’s mineral-rich interior to the port on its ...
The Lobito Corridor will be an upgrade and extension of a railway line from the copper and cobalt mines of northern Zambia and southern Congo to Angola’s Atlantic Ocean port of Lobito, a route ...
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The Lobito Atlantic Railway is a joint venture between Trafigura, Mota-Engil, and Vecturis, an independent rail operator. Trafigura plans to invest $455 million in Angola and up to $100 million in DR Congo. [2] [3] We see the Lobito rail corridor as a partnership between the private and public sectors.
In 2023, a joint venture was formed to invest in the Benguela railway corridor, upgrading infrastructure and services. There are plans to transport ore from mines in the Congo, and to extend services into Angola. [18]
LUANDA (Reuters) - U.S. Secretary of State Antony Blinken hailed progress in the construction of the Lobito Corridor, a rail link key to metals exports from the central African Copperbelt, during ...
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