ASX- and Aim-listed Sovereign Metals reports that upgrades to the 399 km Nkaya–Mchinji railway section, which connects the Malawi–Zambia border to the Nacala Logistics Corridor (NLC), are currently underway. This railway section traverses Sovereign Metals’ Kasiya rutile/graphite project tenements. The refurbishment of the segment connecting the Kanengo junction in Lilongwe district, where Kasiya is situated, to the NLC junction at Nkaya, is nearing completion. The railway rehabilitation is an initiative
Category: Railway News
Lobito Corridor boosted with new reference partner
Angola’s minister of Transport Ricardo Viegas d’Abreu recently highlighted the significant financial commitments from the G7 and Italy, including a $320 million pledge from Italy, which complement the investments from the United States’ Partnership for Global Infrastructure (PGI) and the European Union’s Global Gateway Strategy. D’Abreu emphasized the Lobito Corridor’s strategic importance, stating, “This financial support from Italy directly aids the Benguela Railway (CFB) connection to Zambia, enhancing Angola’s ability
Angola Advances Lobito Corridor to Boost Regional Trade and Economic Integration
Angola is leading efforts to transform the Lobito Corridor into a vital artery for regional trade, enhancing economic integration in Southern Africa. This large-scale infrastructure project, supported by the Angolan government and international partners, aims to connect Angola with the Democratic Republic of Congo (DRC) and Zambia, facilitating trade and fostering regional economic growth. Significant International Investments Italy’s Contribution:Under Prime Minister Meloni’s Mattei Plan and PGI, Italy has committed $320
Italy Joins US and EU in Promoting Sustainable Development Along Lobito Corridor
On Friday, during the G7 meeting it hosted, Italy committed to joining the US and EU in efforts to promote sustainable development along the Lobito Corridor. This initiative aims to enhance collaboration and mobilize up to $320 million in investments to support core rail infrastructure and related projects, in synergy with the Green Infrastructure Alliance in Africa (AGIA). The Lobito Corridor is a significant railway infrastructure that traverses Angola, the
Maintenance Work Halts Long-Distance Trains Between Mozambique and Neighboring Countries
Mozambique’s publicly owned Ports and Rail Company (CFM) has temporarily suspended the circulation of long-distance freight and passenger trains on the Ressano Garcia and Goba railway lines, which connect Mozambique to South Africa and Eswatini, due to ongoing maintenance work. Emídio Bata, the CFM executive director for the southern region, announced that a total of 14 freight trains will be halted on these railway lines for the next two weeks.
Lobito Corridor to Enhance Freight Capacity with 275 New Wagons from South Africa’s Galison Manufacturing
In furtherance of the commitment to invest $455 million in Angola, the Lobito Atlantic Railway—a consortium of Trafigura, Mota-Engil, and Vecturis—has awarded a contract to South Africa’s Galison Manufacturing to supply 275 container wagons over 30 months. This investment, part of a larger procurement plan for 35 locomotives and 1555 wagons, aims to enhance the Lobito Corridor’s freight capacity. The Lobito Atlantic Railway, a consortium of Trafigura, Mota-Engil, and Vecturis,
Economic Growth in Benguela Boosted by Lobito Refinery and Corridor Projects
The construction of the Lobito Refinery and the operationalization of the Lobito Corridor are attracting significant investor interest in Benguela, driving the province’s economic growth. This was highlighted by Adilson Gonçalves, the Vice-Governor for the Technical Sector and Infrastructures, during his remarks on the success of the Benguela International Fair (FIB) held from last Wednesday to Sunday. Preliminary figures from the 13th Benguela International Fair, presented to Jornal de Angola
Mozambique Railways to Suspend Train Services for Maintenance Work
Passenger and freight train services on the Ressano Garcia and Goba railway lines will be suspended from tomorrow until June 13 to allow for essential maintenance work, Mozambique Railways (CFM) announced yesterday. The suspension will also affect urban passenger transport between Central Station and the towns of Boane and Matola Gare. CFM executive director Emídio Bata explained that this suspension is part of the annual maintenance program for the southern
Angolan President highlights importance of the Lobito Corridor to regional development
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
Transnet Freight Rail Boosts Coal Train Frequency to Port of Richards Bay
Transnet Freight Rail (TFR) has announced an increase in the number of GF-class coal trains moving cargo to the Port of Richards Bay, ramping up from 21 to 28 trains per week. The rail division’s initiative is part of Transnet’s Recovery Plan and aims to address truck congestion solutions identified during a stakeholder collaboration in November 2023. TFR’s objective is to reduce truck loads and shift volume from road to