The European Union and the United States are joining forces to support the development of a new railway line between Zambia and Angola, initiating the technical and economic justification
This is part of the Trans-African Corridor development, connecting the southern part of the Democratic Republic of Congo (DRC) and northwestern Zambia to regional and global trade markets via the Lobito port in Angola.
The project was announced on the sidelines of the Global Infrastructure and Investment Partnership (GIIP) event at the G20 in India.
The Lobito Corridor presents an alternative strategic route to the export markets of Zambia and the DRC, offering the shortest path connecting the key mining regions of these two countries to the sea.
The partnership between the EU and the US will revitalize critical infrastructure in Africa south of the Sahara to unlock the “vast potential of this region,” according to a joint statement.
“We are pleased to join forces to realize economic benefits with our partners in Angola, the Democratic Republic of Congo, and Zambia.”
The partnership will pool financial resources and technical know-how to accelerate the development of the Trans-African Corridor, including investments in digital access and value-added agricultural value chains, enhancing regional competitiveness.
According to the EU, this represents a “powerful evolution of the Global Infrastructure and Investment Partnership approach to collaboration, which can be replicated in other strategic corridors around the world.”