Zambia President Hichilema Identifies Lobito Corridor as Key Driver of Trade and Investment Zambian President Hakainde Hichilema has described the Lobito Corridor as a major opportunity to accelerate regional trade, investment and economic integration, calling for closer cooperation among Zambia, Angola and the Democratic Republic of Congo (DRC). Speaking at the Second Lobito Corridor Coordination Meeting in Lusaka, Hichilema said the corridor should serve as a building block for connecting
Category: Railway News
AfDB, Germany Partner to Strengthen Africa’s Railway Networks
AfDB and Germany Launch Partnership to Expand Africa’s Railway Infrastructure The African Development Bank Group (AfDB) and the German Federal Ministry for Economic Cooperation and Development (BMZ) have signed a letter of intent to cooperate on developing Africa’s railway systems and strengthening regional economic integration. The partnership will focus on reducing transport costs, improving cross-border interoperability, promoting low-carbon transport solutions and supporting sustainable transport policies. The two institutions will also
USTDA Backs Power Study for Lobito Corridor in Zambia and DRC
USTDA Funds US$3 Million Power Study for Zambia-DRC Lobito Corridor The US Trade and Development Agency (USTDA) has signed an agreement with Anzana Electric Group to fund a feasibility study aimed at improving electricity supply across Zambia’s North-Western Province and the Democratic Republic of Congo’s (DRC) Lualaba Province. The study will assess opportunities to expand hydropower generation, rehabilitate existing power assets and upgrade electricity distribution networks serving copper and cobalt
Zambia Targets Rail Investment to Support Higher Production
Zambia Eyes TAZARA and Lobito Rail Upgrades to Move 3 Million Tonnes of Copper Zambia will need significant investment in railway infrastructure to support its ambitious production and export targets, Finance and National Planning Minister Situmbeko Musokotwane has said. Musokotwane said the country could not rely on road transport alone to move the volumes of agricultural and mineral commodities it plans to produce. Zambia is targeting annual production of 10
Zimbabwe Seeks US$115M Afreximbank Facility to Upgrade Rail Network
Zimbabwe Targets US$115M Afreximbank Loan for 10 Locomotives and 315 Rail Wagons Zimbabwe’s state-owned National Railways of Zimbabwe (NRZ) is negotiating a US$115 million financing facility with the African Export-Import Bank (Afreximbank) to expand its freight capacity and rehabilitate parts of its railway network. The proposed facility would fund the acquisition of 10 locomotives and 315 wagons, as well as repairs to sections of NRZ’s rail infrastructure, according to Mutapa
DRC Expands ONATRA Rail Fleet as River Transport Modernisation Advances
DRC Orders New Locomotives and 42 Wagons as DRC Accelerates Rail and River Transport Upgrade The Democratic Republic of Congo (DRC) has expanded the railway fleet of the Office National des Transports (ONATRA) as part of a broader government programme to modernise rail and inland waterway transport. The programme includes a new freight locomotive, additional locomotives and 42 new wagons, alongside investments in river navigation equipment and vessels. President Félix-Antoine
Lobito Corridor targets major freight increase as rail investment accelerates
Lobito Atlantic Railway targets 800,000 tonnes of cargo in 2027 after US$300 million investment Lobito Atlantic Railway (LAR) is targeting a doubling of international cargo volumes to about 800,000 tonnes in 2027 as new investment strengthens the rail infrastructure connecting Angola with the mineral-producing regions of the Democratic Republic of Congo (DRC). The railway operator expects to move about 400,000 tonnes of international cargo in 2026, with volumes projected to
Botswana Railways Partners with Ntokoto Holdings to Strengthen Mining and Logistics
Botswana Railways and Ntokoto Holdings Join Forces to Support Mining and Logistics Growth Botswana Railways has entered into a strategic partnership with Ntokoto Holdings to strengthen the country’s mining and logistics sectors and improve the movement of minerals and other commodities through Botswana’s rail network. The partnership is aimed at developing more efficient rail-based logistics solutions for the mining industry, with a particular focus on improving the transportation of bulk
Transnet Plans Major Property Sell-Off to Unlock Value from Surplus Assets
Transnet Plans Major Property Sale as It Moves to Unlock Value from Assets Transnet is preparing a major sell-off of surplus and underutilised property as the State-owned logistics company seeks to unlock value from its extensive property portfolio and strengthen its financial position. The planned disposal forms part of a broader strategy to improve the utilisation of Transnet’s assets and generate additional revenue while focusing resources on its core role
DRC President Reassures on $1.26 Billion Dilolo-Sakania Railway Concession
DRC Secures $1.26bn Railway Investment as Tshisekedi Clarifies Dilolo-Sakania Concession DRC President Félix Tshisekedi has reassured the public that the concession of the Dilolo-Sakania railway line will not privatise the state-owned railway company or create a monopoly, as the government moves to attract major investment to modernise the strategic rail corridor. Tshisekedi’s remarks follow the signing of a 30-year concession agreement between the DRC government and Mota-Engil Engenharia e Construção