by Jeff Smith
The European Union and the United States are teaming up to support the development of a new Greenfield African railway line expansion between Zambia and Angola by launching feasibility studies. The countries committed to this at the G20 Summit in India last Saturday.
The new African railway line is part of developing the Trans-African Corridor connecting southern Democratic Republic of the Congo (DRC) and northwestern Zambia to regional and global trade markets via the Port of Lobito in Angola. The project was announced on the margins of the Partnership for Global Infrastructure and Investment (PGII) event at the G20 in India.
The Lobito Corridor presents an alternative strategic route to export markets for Zambia and DRC and offers the shortest route linking key mining regions in these two countries to the sea. The EU-U.S. partnership will upgrade critical infrastructure across sub-Saharan Africa to unlock the “enormous potential of this region”, they say in a joint statement. “We are excited to join forces to generate economic benefits with our partners in Angola, the Democratic Republic of the Congo and Zambia”.