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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Lobito – Africa Ports
Lobito – Africa Ports
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In a breakthrough for Africa's so-called "Copper belt", Angola’s Lobito Atlantic Railway signed a long-term agreement with Trafigura and Kamoa-Kakula to transport minerals via the railway. The deal was inked during a forum to promote investment in African mining, and it marks the first long-term commercial commitment to the Lobito Atlantic Railway. The deal runs for a minimum term of six years | CGTN Africa
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