Lobito Corridor secures $753 million for Angola-DRC railway upgrade
The Lobito Corridor railway project, linking Angola's Atlantic coast to the Democratic Republic of Congo, has reached financial close on a US$753 million funding package to upgrade and expand the 1,300-kilometre transport route. Funding comprises US$553 million from the United States International Development Finance Corporation and US$200 million from the Development Bank of Southern Africa.
17 July 2026 · Informanté →