Angolan Mining Oil & Gas

AfDB Approves $265 Million for Zambia’s Lobito Corridor Railway Project The African Development Bank Group (AfDB) has approved $265 million to support Zambia’s participation in the Lobito Integrated Economic Corridor, advancing plans to establish a direct railway connection between Zambia and Angola. The financing comprises a $255 million loan from the African Development Fund and a $10 million grant from the Rome Process/Mattei Plan Financing Facility. The funding will support the first phase of Zambia’s

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Angola Seeks Logistics Transformation to Improve Food Security and Agricultural Distribution Angola’s Minister of Transport, Ricardo de Abreu, has called for a structural transformation of the country’s logistics system to strengthen food security and improve the distribution of agricultural products. Speaking in Luanda, the minister said Angola needs a more integrated and efficient logistics network capable of connecting agricultural production areas with major consumption centres and markets. He highlighted the importance of improving transport infrastructure

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