The President of the Republic, João Lourenço, reiterated previously, in Dallas, Texas, the importance of the Lobito Corridor for the development of the southern region of the continent. The Head of State was speaking at the high-level dialogue of the 16th US-Africa Business Summit, addressing the theme of Investment in strategic infrastructures, sustainable growth. João Lourenço highlighted that this road infrastructure, which received American financing, will bring development not only
Category: Central Africa
FlyNamibia Expands Air Capacity to Meet Growing Demand in Lüderitz
The burgeoning energy market growth in Lüderitz has spurred the need for expanded air capacity to facilitate daily service between Namibia’s capital, Windhoek, and the port city in the southwestern coastal desert region. Introduced by FlyNamibia last July, the service has already seen approximately 5,000 passengers flying between Windhoek and Lüderitz. French multinational TotalEnergies played a pivotal role in implementing the service, alongside its groundbreaking work in offshore exploration drilling.
Zambia Revitalizes Fleet Safety Management Initiative
In a proactive move to address the concerning rise in road fatalities in Zambia, authorities have relaunched the Fleet Safety Management initiative. The renewed focus underscores the pivotal role of defensive driving in mitigating accidents. By arming drivers with the necessary skills and knowledge to anticipate hazards and react defensively, the initiative aims to empower them to navigate Zambia’s roads more securely. Moreover, the program accentuates the significance of comprehensive
AD Ports Group Spearheads Luanda Port Terminal Modernization
In a groundbreaking initiative poised to reshape Angola’s maritime landscape, AD Ports Group has solidified strategic alliances with local entities Unicargas and Multiparques, securing a 20-year concession agreement with the Luanda Port Authority. This landmark collaboration represents a significant stride towards the modernization and expansion of the existing Luanda multipurpose port terminal, heralding a new era of efficiency and growth in the region’s logistics domain. With a committed investment of
Zambia’s Cabinet Approves Beira Development Corridor Agreement
The Zambian Cabinet, under the leadership of President Hakainde Hichilema, has given the green light to the Beira Development Corridor Agreement, a significant move poised to bolster regional trade and infrastructure development. This agreement involves Zambia, the Democratic Republic of Congo, Malawi, Mozambique, and Zimbabwe, aiming to establish a cooperative framework for the Beira Corridor, a pivotal trade route for landlocked nations in the area. Chairing the cabinet meeting, President
Zambia Implements Stricter Regulations to Boost Local Transportation Industry
Zambia’s government has enacted stringent measures against importers and exporters who flout laws favoring local carriers in the transportation of goods across the country’s roads. Under the Transportation of Heavy and Bulk Commodities by Road (Reservation) Regulations, 2021—a regulation falling under the Citizens Economic Empowerment Act, 2006 (Act No. 9 of 2006)—these measures will be enforced. Expressing concern over corporations consistently disregarding the law by prioritizing foreign transporters over Zambian
Zambia’s Mining Industry Under Scrutiny for Excluding Local Truck Drivers
Zambia’s mining industry, a key driver of the nation’s economy, is facing scrutiny over the exclusion of Zambian truck drivers from import and export operations. The Parliamentary Committee on Transports, Works, and Supply has raised concerns about this issue, which came to light during a meeting between the committee, led by Chairperson Mubika Mubika of the Shang’ombo constituency, and the management of Mopani Copper Mines. The committee found that Zambian
New Scanner Enhances Inspection at Luvo Border Post
The installation of a scanner at the Luvo Border Post, about 60 kilometers from Mbanza Kongo, Zaire, two weeks ago is expected to enhance the rigor of inspections for exported and imported goods, according to Ricardo de Aguiar, director of the 1st Region of the General Tax Administration (AGT). De Aguiar made these statements during a visit by a delegation from the Democratic Republic of Congo to the Luvo Border
PGI Celebrates Finance Agreement Signings for Angolan Projects
Recently, on the margins of the Corporate Council on Africa’s U.S.-Africa Business Summit, the United States and the Republic of Angola celebrated the signing of final agreements to finance three major infrastructure projects in the Partnership for Global Infrastructure and Investment (PGI)’s flagship Lobito Corridor. The agreements, for projects totaling more than $1.3 billion for clean power, radio connectivity, and transportation infrastructure, demonstrate the U.S. government’s continued commitment to support and accelerate
Moçâmedes Railway Incurs Significant Losses Due to Flood Damage
The Moçâmedes Railway (CFM) experienced losses of up to 160 million Kwanzas (approximately 190,704 USD) during the 31-day suspension of train services on the Huíla/Cuando Cubango section. This disruption was caused by heavy rains that washed away two hydraulic crossings. The floods on February 3rd and 4th severely impacted the railway infrastructure, destroying the hydraulic passage between the towns of Chanja and Olivença. Repair works, which took a month to