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
Category: Railway News
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
China, Zambia, and Tanzania Sign $1.4B Deal to Modernize Tazara Railway
China, Zambia, and Tanzania Agree $1.4 Billion Deal to Upgrade Tazara Railway for Copper Transport China, Zambia, and Tanzania have signed a $1.4 billion agreement to modernize the aging Tanzania–Zambia Railway Authority (Tazara) line — a vital transport link for moving copper and other resources out of southern Africa. The deal was officially announced by the Zambian government on Monday. A Historic Railway in Need of Renewal Built in the
Lobito Corridor and Rail Upgrades Set to Transform Africa’s Copper and Cobalt Transport
Billions Flow Into African Railways as Global Powers Compete for Critical Minerals Billions of dollars are being poured into railway expansion and upgrades across Africa to improve the transport of critical minerals such as copper, cobalt, tantalum, and coal from landlocked mines in the Democratic Republic of the Congo (DRC), Botswana, and Zambia to global markets. Major Railway Projects Underway Several large-scale projects are driving this transformation: Trans-Kalahari Railway (1,500
EU–US Delegation Presents $6 Billion Lobito Corridor Study in Kinshasa
Lobito Corridor Project: EU and US Experts Present $6B Pre-Feasibility Study to Boost Africa Trade A joint delegation of experts from the European Union (EU) and the United States (US) presented the conclusions of pre-feasibility studies for the Lobito Corridor project, an initiative estimated at over $6 billion and financed by the US. The meeting, chaired by Jean-Pierre Bemba, Deputy Prime Minister and Minister of Transport of the Democratic Republic
Transnet Narrows Annual Loss to R1.9 Billion as Rail Volumes Improve
Transnet Cuts Losses to R1.9 Billion on Higher Rail Volumes and Revenue Growth State-owned logistics giant Transnet has reported a significantly reduced loss of R1.9 billion for the financial year ending March 2025, compared to a R7.3 billion loss in the previous year. The debt-laden group has long battled to provide reliable freight rail and port services, hampered by equipment shortages and a backlog of critical maintenance. These shortcomings have
Transnet Moves to Open Rail Network as Private Operators Prepare to Join
Transnet Opens Rail Network: LeaseCo Plan to Fast-Track Private Train Operators in South Africa Transnet CEO Michelle Phillips says negotiations are advancing with the first 11 private train operating companies (TOCs) approved to access the state-owned rail network. However, the companies have indicated it could take 12 to 36 months before operations begin. Speaking at Transnet’s 2024/25 results presentation, Phillips said access to rolling stock remains a key barrier for
South Africa’s Mining Logistics Reform Gains Momentum with Private Sector Involvement
South Africa Mining Logistics: Private Train Operators Boost Rail Capacity and Reduce Export Bottlenecks South Africa’s mining logistics reforms are “moving in the right direction,” according to Minerals Council South Africa CEO Mzila Mthenjane, who emphasized that collaboration between the government and private sector is starting to yield tangible results, albeit at a slower pace than some stakeholders would prefer. Speaking at the Africa Down Under conference in Perth on