Lobito Corridor

The US International ​Development Finance Corp plans to increase direct equity investments, including in Africa and the critical minerals sector, the agency's Africa head said, as the US steps up... 

Development finance institution the African Development Bank (AfDB) Group and the German Federal Ministry for Economic Cooperation and Development (BMZ) have formed a partnership to develop... 

The board of directors of multilateral development finance institution the African Development Bank Group (AfDB) approved a $255-million loan from the African Development Fund (ADF) and a... 

The US Trade and Development Agency (USTDA) has signed an agreement with electric utility company Anzana Electric Group to fund a feasibility study to expand hydropower generation and upgrade... 

Mota-Engil is set to sign a 30-year concession with the Democratic Republic of Congo to operate a key copper and cobalt railway, potentially backed with up to $1-billion of US financing. The deal... 

The 16 Southern African Development Community countries, with a combined population of nearly 400-million people, have abundant natural resources, a youthful population and the means to produce... 

South African rail services provider Traxtion is positioning itself to profit from a regional mineral boom and sweeping reforms across the continent that are opening up freight rail networks to... 

Development financial institutions the Development Bank of Southern Africa (DBSA) and the US International Development Finance Corporation (DFC) have reached financial close on $786-million in... 

As the global race for critical minerals intensifies, the Democratic Republic of Congo (DRC) is seeing the benefit of growing investments from leading economies such as China and the US, reported... 

Power in Africa is not only an issue of infrastructure, but also an economic issue because industry requires reliable, affordable and sustainable energy. Industrial competitiveness is impossible... 

A worsening Ebola outbreak in the Democratic Republic of Congo (DRC) is disrupting travel and delaying meetings tied to a US-backed critical minerals partnership aimed at loosening China's hold on... 

The Democratic Republic of Congo (DRC) approved a plan to partner with Portuguese construction company Mota-Engil SGPS on rehabilitating a key railway used for transporting copper and cobalt. The... 

The development and use of the Lobito Corridor – a multimodal logistics corridor that spans Angola, the Democratic Republic of Congo (DRC) and Zambia – has progressed significantly over the past 12... 

The construction of the Longonjo rare earths mine in Angola is progressing on target and on budget for first mixed rare earth carbonate (MREC) commissioning in 2027, according to owner and operator... 

Longonjo development remains on target and on budget for first mixed rare-earth carbonate commissioning in 2027. 

The increased interest in mining, to fulfil global minerals demand, has initiated the establishment of crucial logistics corridors as well as achieved a boost in investment in power projects in... 

Cross-border transport infrastructure project the Lobito Corridor railway project, in Angola, has achieved a successful financial close of $753-million, says infrastructure financing fund the... 

Zambia said on Thursday it had agreed with US agency Millennium Challenge Corporation to expand the use of a $491-million agriculture grant programme to support key critical minerals... 

The intensifying competition among China, the US and Europe to secure future copper supplies is strengthening the negotiating position of African producer countries, creating an opportunity to...