Namibia’s ports, strategically positioned to access principal shipping routes, serve as pivotal gateways to the southern African region. Namport, operator of the ports of Walvis Bay and Lüderitz, aims to bolster regional integration and cross-border trade through expanding existing facilities and constructing a new deepwater port at Angra Point, CEO Andrew Kanime revealed in an interview with Energy Capital & Power. Namport, a 100%-government-owned commercial enterprise, holds the exclusive mandate
Category: Southwestern Africa
Angola’s Lobito Corridor attracts financial aid to 370 companies
Angola is poised to embark on a transformative journey with the launch of the “Diversifica Mais” project aimed at bolstering economic growth and job creation. Spearheaded by the Ministry of Planning, this initiative will provide financial aid and technical support to businesses operating along the Lobito Corridor, a vital economic artery in the country. The project director, Laércio Cândido, unveiled the ambitious plan, which will extend until 2029, focusing on
Benguela Railway Now the Responsibility of the Lobito Atlantic Railway Company
According to the Vecturis LinkedIn page, on January 25 the Lobito Atlantic Railway S.A. took over the operations of the Benguela Railway, the primary rail underlying the Lobito Corridor. The first two trains were authorized to depart at 5:00 in the presence of the Board of Directors of the Caminho de Ferro de Benguela. The Lobito Atlantic Railway S.A. is the joint venture that manages the main railway concession comprising