Thoughts on the Corridor | 001
Official newsletter of the Lobito Corridor IPA presenting news, views, and announcements impacting the Lobito Corridor.
Welcome to the official Lobito Corridor Investment Promotion Authority (the “IPA” or “LCIPA”) newsletter for all private and public sector stakeholders to stay informed and up-to-date on the Lobito Corridor.
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Investment News
📰 Lobito Corridor to Enhance Freight Capacity with 275 New Wagons from South Africa's Galison Manufacturing
In furtherance of the commitment to invest $455 million in Angola, the Lobito Atlantic Railway—a consortium of Trafigura, Mota-Engil, and Vecturis—has awarded a contract to South Africa's Galison Manufacturing to supply 275 container wagons over 30 months. This investment, part of a larger procurement plan… Read More
🎦 USAID Administrator Announces New Investments Along the Lobito Corridor
USAID Administrator Samantha Power and Deputy Secretary Richard Verma visited Luanda, Angola, on April 23-25, 2024. They focused on enhancing the business environment, particularly in agriculture with special focus on Lobito Corridor developments. A key announcement included a $235 million… Read More