LUANDA (Reuters) - The United States remains committed to funding the Lobito rail corridor, a project to help transport critical minerals from the central African copperbelt to the West, despite ...

The US International Development Finance Corporation (DFC) and the Development Bank of Southern Africa (DBSA) have signed an agreement for them to provide $753mn for the refurbishment of Angola’s ...

Name of the Project Lobito Atlantic Railway project. Location The railway line extends across Angola for almost 1 300 km ...

Angola, the DRC, and Zambia have positioned the corridor as a flagship, with financial and political backing from the United ...

ANGOLA: Lobito Atlantic Railway has secured US$753m in loan financing to support the rehabilitation of the 1 300 km rail ...

Biden used the third and final day of a visit to Angola — his long-awaited first trip to sub-Saharan Africa as president — to travel to the coastal city of Lobito and tour an Atlantic port terminal ...

LOBITO, Angola >> President Joe Biden met African leaders in the Angolan port of Lobito on Wednesday to advance a plan to extend a railway that could channel critical minerals from Congo and Zambia to ...

China, Europe and the US are jostling for position in Angola – for its oil, and for the mega-project known as the Lobito ...

Eighteen months after the Lobito Corridor – the mammoth infrastructure undertaking linking the Congolese-Zambian mining belt to Angola‘s Atlantic coast – first gained public attention, President Joe ...

HOUSTON, March 14, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded a project management contract by Sonangol for the design and construction of a new 200,000bpd refinery in ...

LOBITO, Angola — President Joe Biden pledged another $600 million Wednesday for an ambitious multi-country rail project in Africa as one of the final foreign policy moves of his administration, and ...