Zambia Reaffirms Support for Lobito Corridor to Enhance Trade, Infrastructure, and Regional Integration Zambia has reaffirmed its strong commitment to the Lobito Corridor following an official visit by its Ambassador to Angola, His Excellency Rev. Dr. Elias Munshya, to the Port of Lobito in Benguela Province. The visit underscores Zambia’s ongoing efforts to strengthen cooperation along this strategic regional infrastructure initiative linking Angola, Zambia, and the Democratic Republic of the
Author: Constance Makungu
Ethiopian Airlines Launches Construction of Africa’s Largest Airport in Bishoftu
Ethiopian Airlines Begins $12.5 Billion Bishoftu Airport Project, Set to Become Africa’s Largest Aviation Hub by 2030 Ethiopian Airlines has officially launched construction of a new $12.5 billion international airport, a landmark infrastructure project set to become the largest aviation hub in Africa upon its completion in 2030. The state-owned carrier broke ground on the project on Saturday in Bishoftu, approximately 45 kilometres south-east of Addis Ababa. The Bishoftu International
AFC Secures Landmark Financing for Angola’s Lobito Atlantic Railway
AFC Signs $753 Million Financing Deal to Advance Lobito Atlantic Railway Corridor in Angola Africa Finance Corporation (AFC) has announced the signing of key financing agreements for the Lobito Atlantic Railway Project in Angola, marking a major milestone for one of Southern Africa’s most strategic transport corridors. AFC, working alongside Eaglestone, acted as Co-Financial Adviser to Lobito Atlantic Railway S.A. (LAR), the concessionaire responsible for rehabilitating, upgrading, and operating the
Madagascar and Mercy Ships Conclude Successful Africa Mercy 2025 Medical Mission
Mercy Ships Completes Africa Mercy 2025 Field Service in Madagascar After Ten Months of Life-Saving Care The Government of Madagascar and the international medical charity Mercy Ships have officially marked the successful conclusion of the Africa Mercy® 2025 field service, following ten months of close collaboration focused on strengthening surgical care and healthcare capacity across the country. The completion of the 2025 field service represents the end of a significant
Angola Awards 20-Year Concession for New Luanda International Airport to CAAP-Led Consortium
Angola Selects Corporacion America Airports to Operate and Develop $3 Billion Luanda International Airport Angola’s government has awarded the contract to operate and develop Antonio Agostinho Neto International Airport to a consortium led by Corporacion America Airports (CAAP), marking a major step in the country’s aviation and transport infrastructure strategy. The Luxembourg-headquartered airport operator will manage the $3 billion facility in partnership with Portuguese construction group Mota-Engil, which is CAAP’s
Lobito Atlantic Railway secures USD753 million to accelerate development in Angola
Lobito, Angola, 17 December 2025 – Lobito Atlantic Railway (“LAR”) announced it has secured USD753 million in financing from the US International Development Financial Corporation (DFC) and the Development Bank of Southern Africa (DBSA) to support the rehabilitation of the 1,300 km railway in Angola, which connects the Mineral Terminal at the Port of Lobito to Luau on Angola’s border with the Democratic Republic of Congo (DRC). The loan will
Emirates Flight Training Academy Graduates 77 Cadet Pilots in Sixth Ceremony
Emirates Flight Training Academy Celebrates Graduation of 77 Cadet Pilots, Surpassing 300 Graduates Since Launch The Emirates Flight Training Academy (EFTA) has reached another significant milestone with the graduation of 77 cadet pilots at its sixth graduation ceremony, underscoring its growing role in shaping the future of global aviation. This latest cohort brings the total number of EFTA graduates to more than 300 since the academy’s launch in 2017. The
Zambia Accelerates Rail Sector Transformation with Major Recapitalisation Drive
Zambia Injects K100 Million into Rail Modernisation to Cut Transport Costs and Boost Regional Competitiveness Zambia has taken a significant step toward modernising its transport and logistics infrastructure with the release of K100 million to Zambia Railways Limited (ZRL), marking the start of a long-term recapitalisation programme designed to reduce transport costs, improve trade competitiveness and support economic transformation. In a comprehensive statement, Minister of Finance and National Planning Dr.
South African Investors Back $600 Million Dry Port to Ease Congo’s Mineral Trade Bottleneck
South African Firms to Invest $600m in DRC Dry Port to Boost Copper and Cobalt Exports South African private equity firms and lenders plan to invest $600 million in debt and equity to build a major dry port in the Democratic Republic of Congo (DRC), aimed at reducing severe congestion on one of Africa’s busiest mineral export routes. Yellowstone, a South African group that has secured a 20-year concession to
U.S. and European Union Strengthen Cooperation on the Lobito Corridor and Regional Stability
U.S. and EU Renew Support for Lobito Corridor to Boost Peace, Trade and Minerals in Central Africa The United States and the European Commission reaffirmed their “joint commitment to promoting peace, security, and economic growth” in Africa’s Great Lakes region on Thursday, in a statement focused on the Lobito Corridor and investment in Central Africa. Published by the U.S. State Department, the declaration emphasizes Washington and Brussels’ intention to “create