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Angola
February 12, 2024
|
Africa
China goes head-to-head with US on African rail freight investment
China’s $US 1bn PPP proposal to upgrade Tanzania - Zambia railway comes as the US confirms a $US 250m loan to support upgrades of the Angola - DRC Lobito Corridor.
December 29, 2023
|
Africa
MoU signed for new Angola - DRC railway
The new railway is expected to cost $US 4.5bn.
October 26, 2023
|
Infrastructure
Seven signatories for Lobito corridor extension MoU
Backers include the United States, European Union, African Development Bank (AfDB) and Africa Finance Corporation (AFC).
September 12, 2023
|
Africa
US and EU back Lobito corridor extension from Angola to Zambia
The United States and European Union will support pre-feasibility studies for the project.
July 10, 2023
|
Africa
Angola’s Lobito corridor transferred to private freight concessionaire
The Lobito Atlantic Railway consortium of Trafigura, Mota-Engil, and Vecturis signed the 30-year concession in November.
April 12, 2023
|
Light Rail
Siemens in negotiations to build €1.3bn Luanda light rail line
The negotiations were approved by the Angolan president.
November 17, 2022
|
Africa
Angola signs Lobito corridor concession agreement
The 30-year agreement with Trafigura, Mota Engil and Vecturis was announced in July.
August 10, 2022
|
Africa
A fresh start: Lobito corridor concessionaire targets growth
Angola has appointed a private concessionaire to operate and maintain the 1344km Lobito corridor, a 1067mm-gauge railway which runs from the border with the Democratic Republic of Congo to the Atlantic. The move is a key element of the government’s reform agenda to stimulate economic growth and development, as Kevin Smith explains.
July 20, 2022
|
Africa
Angola awards 30-year concession for Lobito corridor
The winning consortium of Vecturis, Trafigura, Singapore, and Portuguese construction group Mota-Engil overcame competition from a rival Chinese group.
August 25, 2021
|
Financial
Angola to launch concession for Benguela Railway
The line connects the landlocked countries of the Democratic Republic of Congo (DRC) and Zambia to the Atlantic coast.
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