February 7, 2025
African Development Bank joins global partners to raise financing for $1.6 bn multinational Lobito Transportation Corridor programme

The African Development Bank (www.AfDB.org) has signed a Memorandum of Understanding (MoU), joining global partners to mobilise resources for the Lobito Corridor and the Zambia-Lobito rail line in southern and central Africa. Other signatories included the United States government, the European Commission, the Africa Finance Corporation (AFC…
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