Lobito Corridor could double cargo to 800,000 tonnes after $300m boost
Lobito Atlantic Railway is set to double its international cargo volumes to 800,000 tonnes by 2027 after a $300m funding boost to expand capacity along the corridor.
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US-backed Lobito deal between DRC and Angola targets week-long copper transit
The DRC and Angola have signed a new US-backed agreement on the Lobito Corridor, aiming to cut copper and cobalt transit times from roughly 30 days to a week or less as Washington competes with Chinese-backed routes.
Mota-Engil lines up $1bn US-backed concession for Congo copper railway
Mota-Engil is set to sign a 30-year concession to rehabilitate and operate the DRC section of the Lobito Corridor railway, backed by up to $1bn in US financing.
