R30bn–R40bn Private Investment Needed as Transnet Targets 250 Million Tonnes in Rail Freight Growth PlanPrivate-sector participants (PSPs) will need to move approximately 65 million tonnes of additional cargo on South Africa’s rail network to help Transnet achieve its target of 250 million tonnes per year, according to rail logistics executive Anand Moodliar. Speaking at a Transport Forum event held in partnership with the African Rail Industry Association and the Localisation
Category: Railway News
Lobito Atlantic Railway Records New Operational Milestones at End of 2025 and Early 2026
Lobito Atlantic Railway Sets Traffic and Port Handling Records, Strengthening Lobito Corridor At the end of 2025 and the beginning of 2026, Lobito Atlantic Railway (LAR) achieved significant operational milestones, reinforcing the Lobito Corridor’s position as a strategic logistics platform for regional and international trade. In December 2025, LAR recorded its highest monthly throughput to date, handling 37,000 tonnes of cargo across both domestic and international traffic. Building on this
Global Investment in the Lobito Corridor Surpasses $6 Billion
Lobito Corridor Attracts Over $6 Billion as Global Investors Back Africa’s Critical Minerals Route International investor momentum behind the Lobito Corridor continues to strengthen, with global financial commitments to the strategic regional infrastructure project now exceeding USD 6 billion. Linking the Democratic Republic of Congo (DRC), Angola, and Zambia to international markets via Angola’s Port of Lobito, the corridor is increasingly regarded as a cornerstone of Africa’s critical minerals supply
DRC Joins Nacala Rail Corridor Expansion to Boost Regional Trade
DR Congo Signs Agreement to Extend Nacala Railway, Enhancing Trade Connectivity Across Southern Africa On December 19, 2025, the Democratic Republic of Congo (DR Congo) signed a ministerial declaration with Mozambique, Malawi, and Zambia to extend the Nacala railway corridor to Congolese borders, granting the country rail access to the Indian Ocean via Mozambique’s port of Nacala. The project envisions an integrated rail network spanning approximately 2,400 kilometers, linking Chipata
Zambia Strengthens Commitment to Lobito Corridor
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
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
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
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.
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
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