Search results
Results from the WOW.Com Content Network
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 ...
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 ...
The Lobito Corridor, which will transport critical minerals from interior countries like Zambia and the Democratic Republic of Congo to ports in Angola and Tanzania, is at the center of the Biden ...
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.
Get breaking news and the latest headlines on business, entertainment, politics, world news, tech, sports, videos and much more from AOL
The Lobito–Dar es Salaam Railway is a planned narrow gauge railway line that connects the Angolan port city of Lobito to the Tanzanian port city of Dar es Salaam, through the Zambian city of Kapiri Mposhi. [1] It is an African transcontinental railroad connecting the Atlantic and Indian oceans and it is financed by China. [2]
It starts in Lobito, Angola (north-east of Benguela), as part of the EN100 route.After a few kilometres north-east, it becomes the EN250 route eastwards. It is the EN250 route for the remainder of the Angolan section, through Cuíto, to Luau, Moxico Province, where it crosses the Kasai River Borderline into the Democratic Republic of the Congo (DR Congo) and the town of Dilolo.
Biden administration officials have said the Lobito rail project is not a one-off, but a test run to prove the private-public partnership works, and that it will lead to other major infrastructure ...