Tanzania Launches Bagamoyo Port Project to Boost Trade and Regional Maritime Capacity Tanzania is set to begin construction of a new port in the country’s east this December, ending more than a decade of delays caused by government objections to the initial contract terms with foreign developers. The Bagamoyo port, part of a larger special economic zone initiative that includes industrial parks as well as rail and road connections, is
Author: Constance Makungu
South Korea Signals Interest in Maritime Transport Investments in Cabinda
South Korea Seeks to Invest in Maritime Transport and Agriculture in Cabinda, Angola The Ambassador of the Republic of South Korea to Angola, Kwangjin Choi, announced on Thursday in Cabinda that his country is interested in investing in the province’s maritime transport sector. Speaking to the press after a meeting with the Governor of Cabinda, Suzana de Abreu, the ambassador said South Korean companies are exploring opportunities to supply passenger
Luau and Luacano Connected by Road for the First Time After EN-250 Paving
Angola Completes First 100 km of EN-250, Linking Luau and Luacano Along the Lobito Corridor Luacano – The municipalities of Luau and Luacano, located in Angola’s newly established Moxico Leste province, are now connected by road for the first time following the completion of nearly 100 kilometers of asphalt on National Road (EN) 250. EN 250 forms part of the strategic Lobito Corridor, linking the provinces of Moxico Leste, Moxico,
Road Blockage Strands Over 20 Trucks on Key Route to Cabinda
Over 20 Trucks Stuck on Critical Zaire–Cabinda Road After Accident Blocks Traffic More than 20 trucks traveling to Cabinda province have been stranded since Wednesday after a road accident blocked traffic between the village of Kivola and the municipal headquarters of Noqui, in Zaire Province. The accident, which caused no fatalities, involved two heavy-duty trucks transporting goods to Cabinda via the border town of Noqui (Zaire) and neighboring Democratic Republic
AD Ports Invests USD 1.5 Billion to Strengthen Africa’s Maritime and Logistics Infrastructure
AD Ports Announces USD 1.5 Billion Investment in African Maritime Trade and Logistics Abu Dhabi Ports (AD Ports), a leading global logistics and port management company, has invested USD 1.5 billion in maritime trade and logistics infrastructure across Africa, according to the company’s country manager in Angola, Joaquim Piedade. Speaking during a panel discussion on the “Importance of Ports in Creating Value Chains,” held as part of the first African
Government of Angola and Alstom Sign MoU to Develop 50 km Blue Line of Luanda Metro
A New Chapter for Urban Mobility in Luanda: Government and Alstom Advance Blue Line Metro Project The Ministry of Transport of Angola and Alstom signed a Memorandum of Understanding (MoU) today in Luanda, marking a decisive step toward the potential construction and operation of the Blue Line of the Luanda Metro. The proposed line, spanning roughly 50 kilometers between Cacuaco and Benfica, is a key component of the capital’s Mobility
EU Hails Lobito Corridor as Key Global Gateway Project
EU Praises Lobito Corridor as Flagship Global Gateway Initiative During First Certified Avocado Export Ceremony The European Union (EU) Ambassador to Angola, Rosario Bento Pais, has described the Lobito Corridor as one of the flagship initiatives of the EU’s Global Gateway strategy in Africa and a leading example of shared investment priorities. Speaking at the Port of Lobito during a ceremony marking the export of the first shipment of certified
World Bank Announces Major Funding Package to Support Growth Along the Lobito Corridor
World Bank Commits USD 600 Million to Boost Economic Diversification and Urban Development Along Lobito Corridor Luanda — The World Bank will mobilize USD 600 million to support economic diversification, urban development, and housing initiatives along the Lobito Corridor, the institution’s representative, Roland Yameogo, announced on Tuesday in Luanda. Speaking on the second day of the 7th African Union–European Union Summit, Yameogo explained that the funding will be split evenly:
Transport Operators Call for Stronger Infrastructure Investment to Accelerate Africa’s Economic Growth
African Transport Leaders Urge Major Infrastructure Investment to Boost Continental Trade. Luanda — Transport and logistics operators have called on African governments to significantly increase investments in air, road, and rail infrastructure, emphasizing that such improvements are essential to accelerating the continent’s economic development. The appeal was made on Monday in Luanda during the Business Forum held as part of the 7th African Union–European Union Summit. Luis Silva, CEO of
Western Cape Drives Logistics Innovation to Boost Jobs and Economic Growth
Western Cape Government Strengthens Logistics Sector to Create Jobs and Enhance Trade The Western Cape Government has reaffirmed its commitment to building a globally competitive logistics ecosystem to drive economic growth and job creation in the province. Speaking at a recent South African Association of Freight Forwarders (Saaff) meeting, Agriculture, Economic Development and Tourism MEC Ivan Meyer emphasized the critical role of logistics in the economy. “Logistics is the lifeblood