The Lobito Corridor is gaining international backing as DBSA adds funds to the financing package, with the EU also mobilizing support.
1 report, 1 independent
Updated Sep 7
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What happened
The Lobito Corridor is gaining international backing as DBSA adds funds to the financing package, with the EU also mobilizing support.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Development Bank of Southern Africa
Government finance company
Nothing else this week.
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Angola
country on the west coast of Southern Africa
- DRC
Related events
- The central bank of the Democratic Republic of the Congo is seeking deeper continental economic integration.
- Lobito serves as the strategic port for Angola, linking to critical mineral sources in Zambia via railway infrastructure.
- 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.
- Economic evaluation focuses on the challenges facing several African nations, including Angola, Namibia, Nigeria, Ghana, and Kenya, regarding infrastructure and AfCFTA utilization.
- Future infrastructure plans are underway to connect Tanzania to Burundi, leveraging Lake Tanganyika capacity and handling a large share of DRC cargo.