Biden Announces $600 Million in New Financing for African Railway Infrastructure
President Joe Biden is concluding his trip to Angola with a significant announcement of $600 million in new financing for […]
U.S. Investment Boosts Africa’s Strategic Rail Link for Mining and Economic Growth
The Lobito Corridor is set to become the largest American investment in African railways, according to US President Joe Biden.
Africa Finance Corporation Advances Zambia-Lobito Rail Project with Concession Agreements
The Africa Finance Corporation (AFC) has significantly advanced the Zambia Lobito Rail project by entering into concession agreements with the
DBSA Approves $200M for US-Backed Lobito Rail to Boost African Mineral Exports
The Development Bank of Southern Africa (DBSA) has approved up to $200 million in financing for the Lobito Corridor rail
Copper exports from DRC to the US begin via Lobito Atlantic Railway
The first US-bound copper shipment from the Democratic Republic of the Congo (DRC) via the Lobito Atlantic Railway (LAR) has
DRC Senate Approves Ratification of Lobito Corridor Agreement
The Senate of the Democratic Republic of Congo (DRC) ratified the agreement establishing the Lobito Corridor Transit Transport Facilitation Agency
Angola-Zambia Road Project to Boost Trade and Economy in Eastern Angola
Economists and business leaders in Lunda-Norte believe that the construction of a road connecting Angola and Zambia, part of the
Gemfields Suspends Emerald Sales Amid Zambian Export Duty
Gemfields (LON: GEM) (JSE: GML), a leading miner of coloured precious stones, has paused the sale of emeralds from its
ZCCM-IH Shareholders in Over Half-a Billion Kwacha Dividend Payout
The dividend represents 35% of realised accumulated company profits, in line with the Company’s dividend policy. Compared to prior years, the dividend represents a significant increase from ZMW243 million in 2023.
Dangote Warns Against Africa Becoming a Dumping Ground for Substandard Fuel
Dangote Warns Against Africa Becoming a Dumping Ground for Substandard Fuel
