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Lobito Corridor Energized By $150 Million AFC Loan for Kamoa-Kakula Expansion
The Africa Finance Corporation (AFC) granted a $150 million loan to expand the Kamoa-Kakula Copper Complex, the largest and most important m
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Lobito Corridor Investment Promotion Authority
Jun 4
Digging Deep: Why Africa Must Capitalize On Its Mineral Endowments
This article by Forbes Africa, written by Diego Perez, emphasizes Africa's potential in leveraging its vast mineral resources for transforma
Lobito Corridor Investment Promotion Authority
Jun 4
Washington Is Missing the Point on Alternatives to the Belt and Road Initiative
Any alternative corridor (like IMEC) is likely to leverage BRI hubs and completed projects – thus making them complementary rather than comp
Lobito Corridor Investment Promotion Authority
May 30
Lobito Corridor to Enhance Freight Capacity with 275 New Wagons from South Africa's Galison Manufacturing
In furtherance of the commitment to invest $455 million in Angola, the Lobito Atlantic Railway—a consortium of Trafigura, Mota-Engil, and Ve
Lobito Corridor Investment Promotion Authority
May 30
USAID Administrator Announces New Investments Along the Lobito Corridor
USAID Administrator Samantha Power and Deputy Secretary Richard Verma visited Luanda, Angola, on April 23-25, 2024. They focused on enhancin
Lobito Corridor Investment Promotion Authority
May 15
Lobito Corridor's Road Network in Angola Set To Receive €381.5 Upgrade
The U.S.-Africa Business Summit in Dallas, Texas, announced a €381.5 million investment to upgrade Angola's road network, focusing on the Lo
Lobito Corridor Investment Promotion Authority
May 13
African Copper Powerhouses Set to Meet Growing Global Copper Demand
The leading copper producers globally in 2023 were Chile, Peru, the DRC, China, and the United States, together accounting for 59% of worldw
Lobito Corridor Investment Promotion Authority
May 10
Partnership for Global Infrastructure and Investment (PGI) Celebrates Signing of Finance Agreements for Republic of Angola Projects
Today, on the margins of the Corporate Council on Africa’s U.S.-Africa Business Summit, the United States and the Republic of Angola celebra
Lobito Corridor Investment Promotion Authority
May 10
Rwanda Ready to Drop "Conflict Mineral" Accusations Against Apple
Rwanda has strongly denied accusations from the Democratic Republic of Congo (DRC) that Apple sources conflict minerals from a disputed area
Lobito Corridor Investment Promotion Authority
May 2
The Lobito Corridor, a Route to African Development?
Veronica Bolton Smith makes the case that the participating countries in the Lobito Corridor need to do more to become part
Lobito Corridor Investment Promotion Authority
Apr 30
Duelling Rail Projects Hint at Intensifying Contest for Africa's Critical Minerals
The Lobito Corridor initiative is increasingly relevant in today's global context, where the demand for critical minerals for technologies a
Lobito Corridor Investment Promotion Authority
Apr 17
Confronting the China Challenge in Africa: The Lobito Corridor
China remains a dominant economic force in Africa, having invested $1.8 billion in the first half of 2023 alone, marking a year-on-year incr
Lobito Corridor Investment Promotion Authority
Feb 15
DFC Approves $250 Million Loan for Lobito Corridor Expansion
On February 8, at the Lobito Corridor Investor Forum in Lusaka, Zambia, the DFC announced the approval of a $250 million loan to fund the co
Lobito Corridor Investment Promotion Authority
Feb 9
Take-Aways From the Lobito Corridor Investment Event in Lusaka on February 8, 2024
Thank you to our friends at ZNBC for this clip. They do excellent reporting and journalistic work on behalf of the people of Zambia....
Lobito Corridor Investment Promotion Authority
Feb 7
Ivanhoe Mines Agrees to First Long-Term Commitment to Transport Minerals via the Lobito Corridor
According to a February 7, 2024, press release from Trafigura, Ivanhoe's (JV partner is Zijin Mining) Kamoa-Kakula mine in the DRC has agree
Lobito Corridor Investment Promotion Authority
Feb 6
$2 Billion Copper Mine in the Lobito Corridor Could be the Largest "Discovery" in 100 Years in Zambia
The Mingomba deposit in Zambia, with portions of the deposit containing copper grades of about 5%, with average grades of 3.6%, making ...
Lobito Corridor Investment Promotion Authority
Feb 1
Italy and the EU Strengthen Commitment to Lobito Corridor at the 2024 Italy-Africa Summit
This week's Italy-Africa Summit witnessed the European Commission and the African Development Bank Group formalizing a €50 billion Financial
Lobito Corridor Investment Promotion Authority
Jan 30
Angola's President to Give a Keynote at African Mining Indaba 2024
The premier mining conference in Africa, Mining Indaba, will be held in Cape Town, South Africa February 5th to 7th. This annual event is at
Lobito Corridor Investment Promotion Authority
Jan 30
Rio Tinto Signs Second Mining Investment Contract with Angola
On the 17th of January, 2024 the English-Australian mining giant, Rio Tinto signed a mining investment contract with the Angolan Ministry of
Lobito Corridor Investment Promotion Authority
Jan 29
Benguela Railway Now the Responsibility of the Lobito Atlantic Railway Company
On January 25 the Lobito Atlantic Railway S.A. took over the operations of the Benguela Railway, the primary rail underlying the Lobito Corr
Lobito Corridor Investment Promotion Authority
Jan 26
Secretary of State Blinken Discusses Lobito Corridor in Luanda
Chief among the topics will certainly be America's recent investment in Angolan rail infrastructure. With the Lobito Corridor receiving dire
Lobito Corridor Investment Promotion Authority
Jan 26
Angolan Agri-Investment Driven by Overdue Rail Investments
The recent flurry of rail investment announcements is expected to draw additional agri-business investment to the region. The Angolan Minste
Lobito Corridor Investment Promotion Authority
Jan 24
All-American Rail Group Inks MOU to Assist Angola to Extend Northern Corridor Rail to DRC
On December 9, 2023, the All-American Rail Group ("AARG") codified its commitment to provide advisory services to Angola's rail and infrastr
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