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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.
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]
The second phase of the project envisions extending the Lobito corridor railway through Zambia and connecting it to Tanzania's Indian Ocean port of Dar es Salaam.
The initiative aims to create an efficient transport link from Africa’s mineral-rich interior to the port of Lobito on its west coast for export. A rejuvenated railway could change how minerals ...
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 ...
In 2023, the governments of Zambia, DR Congo and Angola agreed to a 30-year concession for the 1700 km section of the parallel Benguela railway (Lobito Corridor) from Kolwezi to the Atlantic coast (Lobito; Benguela) in order to link the landlocked Copperbelt Region with its closest ocean (the Atlantic Ocean) for trade, [2] as Zambia and DR ...
The Lobito Atlantic Railway joint venture was formed between Mota-Engil, Trafigura and Vecturis, and received a 30-year concession to operate the Lobito rail corridor in 2022. The concession spans 1,300 kilometres across Angola, with an extension of 400 kilometres into the Democratic Republic of the Congo, plus possible service into Zambia.
President Joe Biden is making a long-promised visit to Africa to showcase a U.S.-backed railway project in three countries, his first trip to sub-Saharan […]