Welcome to Thoughts on the Lobito Corridor!
The Lobito Corridor Investment Promotion Authority ("LCIPA" or "the IPA") is the permanent Multi-Stakeholder Engagement Agency tasked to link all public and private entities interested in advancing and participating in the Lobito Corridor. Its main goals are to maximize and promote trade, investment, and economic integration among and between the three African nations of Angola, the Democratic Republic of Congo, and Zambia.
The IPA was founded in 2023 by a group of experienced African experts with decades of experience doing business, promoting trade, and advising governments, DFIs, and multinationals operating in Africa. It further houses an Advisory Body of stakeholders that is comprised of individuals in National Governments, Active Private Sector Investors, and Civil Society Organizations.
The Mission & Function
Understanding that the Private Sector shall be the main source of capital financing to stimulate the Lobito Corridor’s potential, the IPA envisions an open and efficient market in the geographical and sector reach of the corridor, by realizing the following as its mission:
The realization of an open and competitive economy through significant and longstanding private sector capital investments in the Lobito Corridor,
A market-friendly multilateral treaties environment among participating nations housing the Lobito Corridor,
A modernized and effective infrastructure, through road, rail and air, to connect all ports and border posts of the Lobito Corridor, and
Maximized social welfare along the Corridor, with active citizenry at the center of all economic activities in the region.
As such, the LCIPA shall act as a tool and mechanism towards the aforementioned mission by performing the following functions:
Serve as the main information highway for education and familiarization with the history and state of the Lobito Corridor,
Identify and explore existing and yet to be realized sectors viable for economic activity along the Corridor,
Foster Public-Private Partnerships ("PPP") in service to stimulate economic activity in the Lobito Corridor at national and bilateral levels,
Engage and partner with regional bodies whose role is treaty formulation and ratification in service to the Lobito Corridor, and
Provide advisory and policy analysis into the harmonization of legislation and trade culture for participants of the Lobito Corridor.
