
U.S., DBSA Approve Lobito Corridor Funding
The expansion project will connect Central Africa’s Copperbelt to ports on both the Atlantic and Indian Oceans.
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The expansion project will connect Central Africa’s Copperbelt to ports on both the Atlantic and Indian Oceans.
The Lobito Corridor Railway Project will enable the transport of goods both across the region and to international markets.
Connecting the Zambian and DRC copperbelts with international markets via the Port of Lobito, the Lobito Corridor serves as a blueprint for cross-border infrastructure in African mining.
Italy is investing $320 million in the development of rail infrastructure associated with the Lobito Corridor
USAID Administrator Samantha Power announced a $235 million investment to bolster Angola’s National Development Plan, with a focus on the strategic development of the Lobito Corridor.
The Critical Minerals Africa 2024 Summit will discuss opportunities for the DRC, Angola and Zambia to enhance the monetization of critical minerals and attract new investments leveraging the Lobito Corridor.
A model for intra-African trade, the Lobito Corridor can be replicated across other segments of the southern African economy.
Funding from the African Development Bank (AfDB) and global partners will fast-track the execution of the Lobito Corridor and Zambia-Lobito rail line.
The United States and European Union have teamed up to provide finance and technical support for the development of the Lobito Corridor in southern Africa.
Ivanhoe Mines has selected the Lobito Corridor as its preferred route to transport mineral produces from the DRC to international markets.