The United States has reaffirmed its commitment to continuing investments along the Lobito Corridor, confirmed the U.S. Chargé d’Affaires in Angola and São Tomé and Príncipe during his visit to Huambo on Tuesday. James Story, after meeting with Governor Pereira Alfredo, stated that his three-day visit to the Lobito Corridor projects is part of an initiative that includes 16 ambassadors from various countries. This visit aims to demonstrate the U.S. government’s commitment to supporting the
Luanda – The strategic importance of the Lobito Corridor and enhanced cooperation between Africa and the European Union (EU) were key topics at the EU high-level conference held this week in Rome, Italy. The event aimed to strengthen ties between African nations and the EU. Under the theme “The Mattei Plan for Africa and the EU’s Global Gateway: A Common Effort with the African Continent,” the conference brought together political leaders and private sector representatives
On Monday, Diamantino Azevedo, Angola’s Minister of Mineral Resources, Oil, and Gas, and Eric Monchu Intong, Director of Regional Operations and Head of Mission for Anglophone West Africa at Afreximbank, met to discuss several key projects aimed at supporting the Angolan economy. The focus of the meeting included the Lobito Corridor, the Amufert fertilizer factory, and other mining and oil initiatives. Intong emphasized Angola’s role as current chair of the African Union and highlighted the
The Lobito Corridor is currently a major infrastructure route that handles large volumes of goods for export and domestic use. This was highlighted by the Chairman of the Board of Directors of the Port of Lobito, Celso Rosas, who spoke to the press recently in Huambo, during the 1st Investment Opportunities Forum along the Lobito Corridor, which took place last Friday. He noted that the effects of the Lobito Corridor are evident, with significant quantities
The Huambo province hosted the Investment Opportunities Forum along the Lobito Corridor on the 21st of the month. The event, held at the Journalist Training Center (CEFOJOR) in Huambo, provided participants with the opportunity to learn how the Lobito Corridor could drive business in sectors such as Transport, Energy, Trade, Industry, and Agriculture. Also known as the Benguela Railway (CFB), this transportation route represents a vital connection between inland Africa and the Atlantic Ocean, including
Angola’s Minister of Transport, Ricardo d’Abreu, has refuted circulating reports claiming that the United States has withdrawn funding for the Lobito Corridor. Speaking to Angop on Friday in Huambo during the Investment Opportunities Forum along the Lobito Corridor, d’Abreu clarified that the project is being developed through private investment by its concessionaire and shareholders. “Funding for the Lobito Corridor is not solely dependent on the United States,” he emphasized. He recalled that former U.S. President
Africell is leveraging the Lobito Corridor to expand its digital technology and internet services across Angola, aligning with the United Nations’ 2030 Sustainable Development Goals (SDGs) and the National Development Plan (NDP) 2023-2027. The announcement was made by Jorge Vazquez, CEO of Africell Angola, during the company’s 25th-anniversary celebration in Luanda. He highlighted Angola’s market potential and the strong relationship between the Angolan government and the United States as key factors in Africell’s success. The
Angolan President João Lourenço has inaugurated the first phase of the Barra do Dande Ocean Terminal, a major development in the country’s oil and gas logistics infrastructure. The terminal will bolster Angola’s energy trade and enhance national oil company Sonangol’s fuel storage capacity. The terminal features 29 storage tanks with a combined capacity of 580,000 cubic meters for gasoline, diesel, and gas. A 1,700-meter jetty allows the facility to accommodate large vessels. A second phase
AD Ports Group (ADX: ADPORTS), a global leader in trade, logistics, and industry, has officially commenced the long-term management and development of a major multipurpose terminal and logistics business in Luanda, Angola. In partnership with Angolan firms Unicargas and Multiparques, the initiative aims to modernize port operations and strengthen regional trade networks. The Noatum Ports Luanda Terminal, Angola’s largest port, handles 76% of the country’s container and general cargo, serving as a critical gateway to
TAAG Angola Airlines has welcomed its first Boeing 787-9 Dreamliner, marking a key milestone in its ongoing fleet renewal strategy. Leased from AerCap, this aircraft is the first of four Dreamliners ordered by TAAG, reinforcing the airline’s commitment to expanding its long-haul operations and enhancing passenger experience. The new Dreamliner arrived in Luanda just ahead of Angola’s Liberation Day on February 4, featuring TAAG’s updated livery and symbolizing nearly 50 years of partnership with Boeing.
