World Bank Announces $300 Million Project for the Lobito Corridor
The World Bank is preparing a $300 million project for the Lobito Corridor, according to Victoria Kwakwa, the institution’s Vice President for Eastern and Southern Africa. She emphasized that participating countries must create favorable conditions for foreign investment. “The three countries involved must also focus on improving connectivity. Each must establish conditions to boost trade, address regulatory barriers, and develop infrastructure that enhances regional connectivity. This will enable the region to become a hub of