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The Lobito Corridor Railway continues to emerge as one of Africa’s most strategically important infrastructure programmes, linking the mineral-rich Copperbelt of the Democratic Republic of the Congo (DRC) and Zambia to the Port of Lobito in Angola. Backed by a coalition of governments, development finance institutions and private investors, the corridor is moving from strategic […]
Lobito Corridor Railway Enters a Defining Phase Read More »
The Lobito Corridor railway project has reached a major financing milestone after a $753 million transaction was secured to support the development of the strategic transport corridor linking Angola, the Democratic Republic of Congo and Zambia. The corridor is designed to improve the movement of minerals and other goods from the resource-rich interior of Central
The $753m Railway Reshaping Africa’s Lobito Corridor Read More »
Afreximbank has approved $200 million in financing for the second phase of Algeria’s $980 million Hassi Bir Rekaiz oil field development project, advancing one of the country’s major energy investments. The project is being developed by Groupement Bir Seba, involving Sonatrach, PTTEP and the Chinese National Petroleum Corporation. Nigeria’s Shoreline Group, through its subsidiary Arkad,
$980m Hassi Bir Rekaiz Oil Project Enters New Financing Phase Read More »
The proposed Africa–Atlantic Gas Pipeline has taken another step forward after ECOWAS member states advanced an intergovernmental agreement supporting the long-planned project. The approximately 6,900-kilometre pipeline is designed to transport Nigerian natural gas westward across the Atlantic coast of Africa, connecting 13 countries on its proposed route before reaching Morocco and potentially extending toward Europe.
Africa–Atlantic Gas Pipeline Moves Closer to Reality Read More »