AFC Secures $753m Financing For Angola’s Lobito Atlantic Railway
AFC Secures $753m Financing For Angola’s Lobito Atlantic Railway
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President Biden visits Angola to promote a $550M US-backed railway project. The Lobito Corridor connects Congo’s mineral-rich regions to global markets, boosting trade with the West. | Al Jazeera English
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Angola has secured $753 million to upgrade the Lobito Atlantic Railway, transforming one of Africa’s most strategic trade corridors. Beyond copper and cobalt exports, the real story is downstream value: logistics, manufacturing, regional integration and AfCFTA-enabled industrialisation across Angola, the DRC and Southern Africa. This episode of Africa in 60 Seconds breaks down why the Lobito Corridor matters for Africa’s economic future. | The Southern African Times
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Angola has secured $753 million to upgrade the Lobito Atlantic Railwa…
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