Angola
Zambia-Lobito Rail Project to Break Ground in 2026
The Africa Finance Corporation has also announced several deals associated with the Lobito Rail project, including a $100 million commitment to Kobaloni Energy and a freight MoU.
News
Read the latest Archives of oil, gas and energy news.
Zambia
AFC Advances Lobito Rail Project Linking Angola, Zambia
Africa Finance Corporation (AFC) has signed concession agreements with the governments of Angola and Zambia for the financing, construction, ownership and operation of the Zambia Lobito Rail Project.
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.
DBSA Greenlights $200 M for Lobito Corridor Railway Project
The Lobito Corridor Railway Project will enable the transport of goods both across the region and to international markets.
Angola: Lobito Atlantic Railway Exports First Copper to U.S.
Railway operator Lobito Atlantic Railway has exported its first shipment of copper from the Democratic Republic of the Congo (DRC) to the U.S.
Critical Minerals Africa Summit
US Department of State Joins Pensana, World Bank to Discuss Lobito Corridor at CMA 2024
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.
Angola
Port of Lobito Mineral Terminal Starts Operations
The Port of Lobito mineral terminal in Angola has received its first cargo vessel, signaling the start of port operations for the Lobito Atlantic Railway (LAR) consortium.
Angola
275 Container Wagons Commissioned for Lobito Railway
The container wagons will be built by South African company Galison Manufacturing as part of the Lobito Railway project.
Angola
Italy to Invest $320M in Angola’s Lobito Corridor
Italy is investing $320 million in the development of rail infrastructure associated with the Lobito Corridor
Angola
USAID Pledges $235M for Angola’s Lobito Corridor Development
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.
