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
Category: Railway News
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
Angola Seeks $4.5 Billion to Build Rail Link Connecting Zambia’s Copperbelt
Angola Secures International Support for $4.5B Zambia-Lobito Rail Corridor to Boost Copper Trade Angola sought $4.5 billion in funding to construct an ambitious rail link to Zambia’s copper-rich region, Transport Minister Ricardo Viegas d’Abreu said. Italy committed $320 million to the project, while the African Development Bank pledged $500 million, d’Abreu told reporters Wednesday on the sidelines of a conference in Luanda, Angola’s capital. He also noted that the Egyptian
DRC Seeks $500 Million World Bank Support for Lobito Corridor Project
DRC requests $500M from World Bank to develop Lobito Corridor, boosting regional trade and infrastructure During the IMF and World Bank Annual Meetings, the Democratic Republic of Congo (DRC) Finance Minister, Doudou Fwamba, submitted a $500 million financing request to the World Bank to support the Lobito Corridor project. The Finance Ministry confirmed that the institution has agreed to review the proposal. In discussions with World Bank Managing Director for
DRC Launches International Call for Railway Assembly Plant Investment
DRC Seeks International Partners to Build Train, Locomotive, and Wagon Assembly Plant The Ministry of Transport, Communication Routes, and Accessibility has launched an international call for expressions of interest for the construction of a national assembly plant for trains, locomotives, and wagons. According to the official document signed by Deputy Prime Minister in charge of Transport, Jean-Pierre Bemba Gombo, the project aims to identify technical, industrial, and financial partners for
DRC Accelerates Railway Revamp to Boost Trade and Connectivity
Congo’s New Railway Projects Strengthen Links to Angola, Zambia, and the Atlantic Congo’s New Railway Projects Strengthen Links to Angola, Zambia, and the AtlanticThe Democratic Republic of the Congo (DRC) is advancing major railway upgrades aimed at improving regional trade and logistics. In early September 2025, a joint EU–US delegation presented prefeasibility results for the DRC’s section of the Lobito Corridor—a 1,300-km transport route linking Angola’s Atlantic port of Lobito
Africa Finance Corp to Launch Bids for Zambia-Angola Railway Linking Copper Mines to Lobito Port
New Zambia-Angola Railway to Boost Copper Exports and Create Jobs, Says Africa Finance Corp The Africa Finance Corporation (AFC) plans to issue bids in the coming months for the construction of a new railway connecting Zambia’s copper-rich region to the Angolan port of Lobito, a move set to strengthen regional trade and infrastructure. According to Samaila Zubairu, AFC President, the tender will be divided into three parts, covering: Construction of
DRC, Angola, Zambia, and EU Forge Strategic Alliance to Accelerate Lobito Corridor Development
DRC, Angola, Zambia, and European Union Partner to Boost Trade, Infrastructure, and Mining Value Chains Through Lobito Corridor On the sidelines of the Global Gateway Forum, the Democratic Republic of the Congo (DRC), Angola, and Zambia signed a landmark cooperation agreement with the European Union (EU) to accelerate the integrated development of the Lobito Corridor—a key initiative aimed at enhancing trade, transport infrastructure, and industrial competitiveness across Central Africa. The
Lobito Corridor Project: Progress, Challenges, and the Path Ahead
Lobito Corridor Project: DRC Pushes for Funding and Skills Development to Boost Regional Trade The Lobito Corridor project, an initiative championed by former U.S. President Joe Biden, aims to construct a railway connecting the Democratic Republic of Congo (DRC), Zambia, and Angola to the port of Lobito. Beyond exporting strategic minerals to the United States, the project seeks to open up Central Africa and strengthen regional trade. Although last September
Japan Commits $7 Billion to Boost Nacala Logistics Corridor and Support Malawi’s Kasiya Mineral Project
Japan Pledges $7B for Nacala Corridor to Advance Sovereign Metals’ Kasiya Rutile-Graphite Project in Malawi Japan has pledged $7 billion to support the development of the Nacala Logistics Corridor, a major infrastructure project designed to accelerate economic growth in southern Africa and strengthen the global supply chain for critical minerals. The announcement was made during the ninth Tokyo International Conference on African Development (TICAD), held in Yokohama from August 20