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Lobito Corridor Investment Promotion Authority

Secretary of State Blinken Discusses Lobito Corridor in Luanda

Secretary Blinken and Angolan President Lourenço, Credit: Reuters News Agency
Secretary Blinken and Angolan President Lourenço, Credit: Reuters News Agency

Secretary of State, Anthony Blinken, visited Angola on January 24 and 25th of 2024 to further discuss and develop the numerous bilateral agreements made during the 2023 US-Africa Leaders summit in Washington, DC. At a news conference in Luanda with his Angolan counterpart, Foreign Minister Tete Antonio, Blinken mentioned the Lobito Corridor:


"I had a chance today to see some of the dramatic progress that's already been made in building out this corridor. It is moving faster and further I think that we might have imagined."


According to the official press release from the Department of State, Secretary Blinken will revisit several issues discussed at last year’s summit, including Peace and Security, Economic Ties and Investment, Food Security, Democracy, Climate Change, and a host of other topics. Chief among the topics will certainly be America's recent investment in Angolan rail infrastructure. With the Lobito Corridor receiving direct investment from the US Government and the Northern Corridor signing an MOU with Texas based All-American Rail Group, the United States is keen to improve logistics for minerals and food within Angola and the southern Africa region.


As confidence in Angolan institutions grows, and investment continues to develop in the southern Africa region, Angola stands to benefit from the improving relations with the United States. Angola is the last of four stops in Africa for Secretary Blinken following the World Economic Forum in Davos, Switzerland.

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Lobito Corridor IPA

INTRO

Lobito Intro Report

The Lobito Corridor Investment Promotion Authority ("LCIPA" or "the IPA") is a permanent multi-stakeholder engagement agency tasked to link all public and private entities interested in advancing and participating in the Lobito Corridor. Its main goals are to maximize and promote trade, investment, and economic integration among and between the three African nations of Angola, the Democratic Republic of Congo, and Zambia. 

Download our official Lobito Corridor report to learn more about the initiative and why it matters. Follow our social media and subscribe to the newsletter to stay up-to-date and join the community.

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