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“Lobito Corridor is not just a railway line, but is the economic development along the corridor,” said Franca, the CEO of LAR. ... For more CNN news and newsletters create an account at CNN ...
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 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.
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 a visit to Angola ...
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]
In 2023, the Lobito Atlantic Railway took over this corridor. [14] The following lines have been completely removed and are not listed for future rehabilitation: Mayumbe line: Boma to Tshela, 1889–1984, 610 mm (2 ft) gauge, [6] 140 km [4] long and opened in stages from 1901 to 1913. [10] removed in 1984. [15]
The Lobito Corridor is a joint project between the three African countries, the US, other G7 powers and private investors. ... Go to BBCAfrica.com for more news from the African continent.
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]