Positioning the Lobito Corridor as a Model for Foreign Investment
The upcoming Invest in African Energy forum in Paris seeks to establish new avenues for African energy project finance, with the $2.3-billion Lobito Corridor serving as a potential model
In February this year the U.S. International Development Finance Corporation announced new financing in support of the Lobito Corridor – a transnational 1,300-km railway line linking Angola’s Port of Lobito with southern DRC and north-western Zambia. The U.S. and its partners – which include the European Commission, African Development Bank…