- The Lobito Corridor, involving Angola and the Democratic Republic of the Congo, is establishing a vital link between coasts and mineral belts.
- Lobito serves as the strategic port for Angola, linking to critical mineral sources in Zambia via railway infrastructure.
Angola grants Trafigura a 30-year concession, while DRC infrastructure upgrades connect mines to Lobito.
2 reports, 1 independent
Updated Aug 17
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What happened
Angola grants Trafigura a 30-year concession, while DRC infrastructure upgrades connect mines to Lobito.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Angola
country on the west coast of Southern Africa
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Trafigura
Multinational commodities company domiciled in Singapore
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Democratic Republic of the Congo
country in Central Africa
Related events
- The Lobito Corridor railway project in Angola secured $200m financing from DBSA, with Trafigura and Mota-Engil as key partners.
- Angola's successful upstream reforms are noted as providing a blueprint for development.
- The Democratic Republic of the Congo is being assessed for its economic potential, offering viable locations for industrial projects across Africa.
- African Development Bank, Angola, and Zambia participate in regional resource management initiatives concerning the Zambezi basin.
- The DRC is partnering with Mota-Engil to revive a railway through Kolwezi, supported by the Trump administration and the US goal of reducing dependence on China.