World Bank Commits USD 600 Million to Boost Economic Diversification and Urban Development Along Lobito Corridor Luanda — The World Bank will mobilize USD 600 million to support economic diversification, urban development, and housing initiatives along the Lobito Corridor, the institution’s representative, Roland Yameogo, announced on Tuesday in Luanda. Speaking on the second day of the 7th African Union–European Union Summit, Yameogo explained that the funding will be split evenly:
Category: Railway News
EU Grants €50 Million to Modernize Zambia’s Railway Network
EU Invests €50 Million to Upgrade Zambia Railways, Boost Trade and Economic Growth Zambia’s plans to modernize its aging railway network have received a major boost after the European Union approved a €50 million grant for Zambia Railways Limited (ZRL). The funding will support the rehabilitation of key track sections and the upgrading of signalling and telecommunications systems, marking one of the largest direct investments in Zambia’s rail infrastructure in
China, Zambia, and Tanzania Seal $1.4 Billion Deal to Modernise TAZARA Railway
China Signs $1.4B Agreement to Upgrade TAZARA Railway, Boosting Zambia–Tanzania Trade Route China has signed a $1.4-billion agreement with Zambia and Tanzania to modernise the TAZARA railway, a strategic transport corridor linking landlocked Zambia to the Indian Ocean. Originally financed and built by China in the 1970s, the TAZARA railway has long served as a vital route for copper exports and fuel imports through Tanzania. The upgrade is widely viewed
Train Service Between Kananga and Lubumbashi Resumes Ahead of Schedule
Congo’s SNCC Restores Kananga–Lubumbashi Train Service Earlier Than Planned Train service between Kananga (Kasaï Central) and Lubumbashi (Haut-Katanga) officially resumed on Tuesday, November 11, 2025, according to Emmanuel Kalonji, Director of the North Region Department at the National Railway Company of Congo (SNCC). Originally planned for November 15, the reopening was moved forward following a meeting with local business leaders.“Our customers could not wait any longer. After consultation, we decided
Angola Enhances Lobito Corridor for Regional Transport and Trade
Angola Signs Agreement to Boost Lobito Corridor as Regional Transport, Trade, and Logistics Hub Angola has taken a significant step in asserting its role as a key player in regional transport and trade, following the signing of an agreement on Monday in Luanda between the Angolan Government and the Lobito Corridor Transit Transport Facilitation Agency (AFTTCL). The agreement establishes the opening of a representation of the Agency in Angola. The
Angolan President Hails Lobito Corridor as a Game-Changer for Africa’s Trade and Economic Growth
Lobito Corridor Positioned as Strategic Infrastructure Project to Boost African Trade and Industrialization Angolan President and African Union Chairperson João Lourenço has described the Lobito Corridor as a “game-changer” for Africa’s trade and economic growth, calling it a model for turning the continent’s ambitious infrastructure plans into reality. Speaking at the Financing Summit on Logistics in Luanda, themed “Capital, Corridors, Trade: Investing in Infrastructure for the AfCFTA and Shared Prosperity”,
TAZARA Revitalisation Set to Safeguard Zambia’s Road Infrastructure
Zambia Plans Major Cargo Shift to Rail as Part of TAZARA Rehabilitation Strategy Transport and Logistics Minister Frank Tayali says the ongoing revitalisation of the Tanzania–Zambia Railway Authority (TAZARA) will significantly reduce the volume of heavy cargo transported by road, helping preserve the country’s road infrastructure. Speaking in the National Assembly in response to a question from Shiwang’andu Member of Parliament Stephen Kampyongo, Mr. Tayali explained that heavy cargo is
EU Commits €50 Million to Rehabilitate Zambia’s Livingstone–Ndola Railway
EU Funds Livingstone–Ndola Railway Rehabilitation to Boost Zambia’s Regional Trade and Mining Logistics The European Union has committed €50 million to rehabilitate the railway line from Livingstone to Ndola, a major investment expected to strengthen regional trade corridors and reduce transport costs across Zambia and Southern Africa. The announcement followed a tour of the Ngwerere–Lusaka rail section by European Commissioner for International Partnerships Jozef Sikela, who reiterated the EU’s long-standing
EU Strengthens Support for Lobito Corridor to Boost Zambia’s Trade and Industrial Growth
EU, Sweden, Finland, and Czech Republic Back Zambia’s Lobito Corridor to Drive Regional Trade and Economic Transformation The European Union (EU) has reaffirmed its commitment to supporting the Lobito Corridor project, citing its potential to enhance regional connectivity, trade, and economic growth across Southern Africa. Speaking during the official opening of the EU–Zambia Lobito Corridor Business Forum in Chongwe, Swedish Director General for Trade Policy at the Ministry of Foreign
Zambia Strengthens Ties with European Investment Bank to Accelerate Lobito Corridor Development
Zambia and EIB Deepen Cooperation to Boost Investment in the Lobito Corridor and Drive Regional Trade Growth Zambia has intensified its engagement with multilateral development partners, as Finance and National Planning Minister Dr. Situmbeko Musokotwane met with European Investment Bank (EIB) Vice President Karl Nehammer ahead of the Zambia–EU Lobito Corridor Business Forum, scheduled for 13–14 November in Lusaka. The high-level bilateral talks focused on unlocking new investment opportunities along