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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.
At the center of President Biden’s planned three-day trip was the Lobito Corridor: an 800-mile railway which connects the mineral rich countries of the Democratic Republic of Congo and Zambia ...
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 ...
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 ...
Hichilema made a day trip to Lobito where he attended the ceremony of the commencement of the concession of railway services and support logistics of the Lobito Corridor to the Lobito Atlantic Railway Company. The concession agreement covers the entire Lobito to Kolwezi line and any extensions into Zambia.
The concession agreement encompassed the entire 1,300km railway line in Angola, ... U.S. and EU Praise Angola's Commitment to Lobito Corridor As of 9 September 2023.
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 ...
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]