No status change needed but update the delivery note — the $753m financing for the Lobito Atlantic Railway closed in December 2025, comprising $553m from the US DFC and $200m from DBSA. Plans call for 1,555 wagons and 30–35 locomotives for the Angola section overall. The Galison contract is part of this broader rolling stock procurement programme.
Procurement Details
Key Issues / Risks
Exact contract value not publicly disclosed; unverified third-party estimates place it in the $35-50m range, which should not be treated as confirmed
Latest Development (Detail)
Galison shipped its 200th wagon in mid-January 2026, roughly two-thirds through the 30-month delivery schedule, with wagons already hauling sulphur into the DRC and copper out
What Happens Next
Watch for completion of the full 275-wagon delivery and any follow-on rolling-stock orders as LAR continues its $455m Angola investment programme
Commercial Opportunity
Rolling-stock manufacturing and maintenance opportunities for other SADC operators; Galison specifically cites expansion across Mozambique, Namibia, Zambia, Tanzania and the DRC
Stakeholder Intelligence
Capital & Financing Intelligence
Procurement & Contract Outlook
Commercial Opportunity Intelligence
Connected Intelligence
Analyst Notes
Contract value intentionally left blank as unconfirmed by any primary source (Trafigura and Galison press releases both describe it as 'undisclosed')