Huambo Province Hosts Investment Opportunities Forum Along the Lobito Corridor

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

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Minister Ricardo Dismisses Claims of U.S. Withdrawal from Lobito Corridor Funding

Angola’s Minister of Transport, Ricardo d’Abreu, has refuted circulating reports claiming that the United States has withdrawn funding for the Lobito Corridor.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

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Africell Expands Digital Services in Angola Through Lobito Corridor

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

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Angola President Inaugurates Barra do Dande Ocean Terminal’s First Phase

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

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AD Ports Group Launches $250M Investment to Modernize Luanda Terminal and Logistics Hub

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

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TAAG Angola Airlines Receives First Boeing 787-9 Dreamliner, Advancing Fleet Modernization

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.

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SADC Ministers Convene in Lobito to Discuss Agency’s Organizational Framework

Members of the Committee of Ministers from the Southern African Development Community (SADC) are meeting today in Benguela to deliberate on the organizational structure of the Agency. This marks the second meeting of the group, held in the rail-port city of Lobito. The discussions aim to refine the framework and operations of the Agency, aligning it with SADC’s goals of regional cooperation and sustainable development. Lobito, renowned for its strategic position and infrastructure connecting inland

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EU Commits to Supporting Sustainable Development of Lobito Corridor

The European Union (EU) has expressed its interest in participating in the development of the Lobito Corridor, recognizing its potential for sustainable and inclusive economic diversification, including increased household income in the region. Sylvie Millot, Head of the EU’s Southern Africa and Indian Ocean Unit, confirmed this on Friday in Benguela, following a courtesy meeting with the provincial governor of Benguela. She emphasized that the Lobito Corridor is a key priority for the EU in

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AIA Calls for Feasibility Study to Enhance Lobito Corridor’s Economic Impact

Members of the Angolan Industrial Association (AIA) have emphasized the importance of conducting a feasibility study for the construction of connection branches between key large-scale production centers and the Lobito Corridor. This initiative is seen as a priority to maximize the economic benefits of this significant infrastructure, which serves both the Angolan economy and the southern region of Africa. The message was conveyed by the president of the association, José Severino, who outlined the vast

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Lobito Corridor Key to Sustainable Economic Development and Regional Integration

The importance of the Lobito Corridor in fostering inclusive and sustainable economic development in the region was recently highlighted by the EU-Angola Dialogues team, which visited Benguela. According to a press release sent to Jornal de Angola, the Lobito Corridor is part of the European Union’s Global “Gateway” strategy and is a central element in its cooperation with Africa, contributing to regional economic growth and integration. The project, the statement explains, involves the development and

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