The United States has announced the mobilization of nearly $6 billion to support the development of the Lobito Corridor—a key transport infrastructure project linking Angola, the Democratic Republic of Congo (DRC), and Zambia. The announcement was made on Saturday, May 10, 2025, by the U.S. State Department via its official account on the social platform X (formerly Twitter). The funding is designated for the development and construction of the Lobito Corridor, which aims to connect
Lobito Atlantic Railway (LAR) transported 50,235 tonnes of cargo between January and March 2025. Of this total, 18,202 tonnes were minerals, primarily copper. The operator of the Lobito Corridor has set an ambitious goal to reach one million tonnes of diverse cargo. In 2024, the corridor moved 125,000 tonnes of cargo, including 40,000 tonnes of copper. LAR is an Angolan company with a 20-year renewable concession to operate the Lobito Corridor. Despite common misconceptions, the
Angola’s Minister of Transport, Ricardo Viegas d’Abreu, on Monday, announced a series of restructurings across central bodies and company boards, including the appointment of Amadeu Nunes as Executive Secretary of the Lobito Corridor Transit Transport Facilitation Agency (AFTTCL). This agency plays a key role in boosting trade along the Lobito Corridor and fostering cooperation among the participating countries. As part of the reshuffle, Clóvis Lara Martins Rosa was appointed Non-Executive Chairman of the Board of
The United Kingdom’s Ambassador to Angola, Bharat Joshi, has described the Lobito Corridor as a key infrastructure project for Angola’s economic growth and Southern Africa’s regional integration. Speaking on Wednesday in Luanda during the Angola–UK Business Forum, the diplomat highlighted the project’s transformative potential for millions living in historically underserved regions. “After visiting Benguela three times and meeting various partners in Lobito, I came to understand the true scale of the Corridor and its potential
The Ministries of Transport and Planning joined forces to host a seminar last Friday in the city of Huambo, aimed at showcasing the investment potential and opportunities along the Lobito Corridor. Held at the Manuel Rui Monteiro Cultural Center, the event focused on presenting the Railway Branch Line and Freight Terminal Project of the Caála Logistics Platform. It brought together local entrepreneurs from various sectors, including agriculture, livestock, transport, and construction. During the seminar, Adriana
The Angolan government has reaffirmed its commitment to increasing the country’s electrification rate by fostering public-private partnerships, with strategic backing from the World Bank (WB). Finance Minister Vera Daves highlighted this objective during the ANSA constituency technical meeting — comprising Angola, Nigeria, and South Africa — held with World Bank partners on the sidelines of the Spring Meetings of the WB and International Monetary Fund (IMF) in Washington, D.C. Minister Daves stated that the government
The Lobito Corridor can strengthen trade and investment opportunities for Angola, Zambia, and the Democratic Republic of Congo, said the European Union (EU) Ambassador to Angola, Rosário Bento Pais, on Thursday in Luanda. Speaking at the launch of four EU-funded youth entrepreneurship projects in Luanda, the ambassador emphasized that the corridor has the potential to drive economic diversification and create job opportunities for young people across Angola, Zambia, and the DRC. She noted that the
AD Ports Group has awarded contracts to Mar Construction Civil & Obras Publicas and Dar Al-Handasah Consultants Shair & Partners for the modernization of the Noatum Ports Luanda Terminal in Angola. Mar Construction will be responsible for designing and building both the topside and marine infrastructure, while Dar Al-Handasah will manage the project and oversee construction supervision. Launched on January 30, 2025, the upgrade aims to transform the terminal into a state-of-the-art facility handling general
The Angolan government has opened tenders for the concession of maritime passenger and cargo terminals at the ports of Cabinda and Soyo, in a strategic move to enhance regional logistics and stimulate economic growth. The 20-year concession contracts will cover the management, operation, and maintenance of the two terminals, with the goal of strengthening coastal shipping (cabotage), improving transport efficiency, and creating employment opportunities. Positioned as vital gateways for maritime and river trade in northern
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
