The Lobito Corridor can strengthen trade and investment opportunities for Angola, Zambia, and the Democratic Republic of Congo, said the European Union (EU) Ambassador to Angola, Rosário Bento Pais, on Thursday in Luanda. Speaking at the launch of four EU-funded youth entrepreneurship projects in Luanda, the ambassador emphasized that the corridor has the potential to drive economic diversification and create job opportunities for young people across Angola, Zambia, and the
Category: Railway News
DRC Prime Minister Calls for Acceleration of Lobito Corridor Development
Speaking at the 38th Meeting of the Council of Ministers at the African Union City, Prime Minister Judith Suminwa Tuluka emphasized the urgent need to accelerate development projects along the Lobito Corridor. In her address, the Prime Minister highlighted the Italian government’s launch of a new partnership model with Africa, rooted in the Mattei Plan—an initiative focused on fostering equitable and mutually beneficial cooperation. The Mattei Plan prioritizes joint identification
U.S. Reaffirms Commitment to Lobito Corridor Investments
The United States has reaffirmed its commitment to continuing investments along the Lobito Corridor, confirmed the U.S. Chargé d’Affaires in Angola and São Tomé and Príncipe during his visit to Huambo on Tuesday. James Story, after meeting with Governor Pereira Alfredo, stated that his three-day visit to the Lobito Corridor projects is part of an initiative that includes 16 ambassadors from various countries. This visit aims to demonstrate the U.S.
Norwegian Ambassador Highlights Lobito Corridor’s Role in Expanding Angola’s Agricultural Exports
Norwegian Ambassador Bjørnar Dahl Hotvedt is visiting Huambo and the Lobito Corridor from today until the 3rd, as part of a delegation of ambassadors from the United States and several European countries. This visit focuses on assessing Angola’s agricultural potential, with particular attention to how the Lobito Corridor can facilitate the export of Angolan products to Norway. In a statement from the Norwegian embassy, the ambassador explained that Angola’s vast,
Lobito Corridor and EU-Africa Cooperation Take Center Stage at Rome Conference
Luanda – The strategic importance of the Lobito Corridor and enhanced cooperation between Africa and the European Union (EU) were key topics at the EU high-level conference held this week in Rome, Italy. The event aimed to strengthen ties between African nations and the EU. Under the theme “The Mattei Plan for Africa and the EU’s Global Gateway: A Common Effort with the African Continent,” the conference brought together political
Botswana Railways Partners with KORAIL to Revamp Railway Services
Botswana Railways (BR) and the Korea Railroad Corporation (KORAIL) have formalized a strategic partnership aimed at enhancing railway services and infrastructure in Botswana. The two companies signed a Memorandum of Understanding (MOU) at the Botswana Railways Station in Gaborone, marking a significant step in fostering collaboration, technical exchange, and capacity building within Botswana’s railway sector. The signing ceremony was attended by senior officials from both Botswana Railways and KORAIL, along
Mozambique Railways and NRZ Strengthen Cooperation with Key Operational Agreements
Mozambique Railways (CFM) has taken a significant step in regional rail transport by signing two Operational Understanding Agreements with the National Railways of Zimbabwe (NRZ). The agreements, signed on March 14, 2025, in Maputo, will allow CFM to operate on Zimbabwean railway lines, enhancing cooperation between the two countries and improving freight transport efficiency. Covering the 148 km Chicualacuala-Rutenga Southern Corridor and the 84 km Machipanda-Nyazura Central Corridor, the partnership
China to Invest $1.4 Billion in Upgrading Zambia-Tanzania Railway
China Civil Engineering Construction Corporation (CCECC) has committed over $1.4 billion to modernize the Tanzania-Zambia Railway (TAZARA), a vital transport link for Zambia’s copper exports to Tanzania’s largest port. TAZARA plays a crucial role in exporting copper and cobalt from Central Africa while offering an alternative route to South Africa’s congested ports. However, years of neglect have left the railway in need of urgent repairs. Negotiations for a 30-year concession
Canyon Resources Expands Stake in Camrail to Strengthen Bauxite Logistics
ASX-listed Canyon Resources, through its wholly owned subsidiary Camalco Cameroon, has acquired a 5.3% equity stake in Cameroon’s rail network operator, Camrail, from TotalEnergies Marketing Cameroun (Total Cameroon). The transaction was finalized on March 14, following internal approval from Total Cameroon’s Apex Committee. With this latest acquisition, Camalco now holds a strategic 9.1% stake in Camrail, having previously secured a 3.8% interest from Société d’Exploitation des Bois du Cameroun (SEBC)
Nacala Logistics Achieves Milestone with Record Cargo Transport in 2024
Nacala Logistics reached a significant milestone in 2024, transporting 647 kilotonnes (kt) of miscellaneous cargo, a 117 kt increase from the previous year. This achievement underscores the company’s ongoing investment in infrastructure and its expansion efforts, particularly through the initiation of cargo transportation to Zimbabwe and the resumption of key traffic in regions like Kanengo and Mchinji in Malawi, as well as Chipata in Zambia. These strategic routes are vital