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Biden’s Angola Visit Highlights $4 Billion Lobito Corridor Investment

U.S. President Joe Biden and Angola President Joao Lourenco. © Adam Schultz/White House Photo/Alamy

Agostinho Gayeta

Agostinho Gayeta is based in Luanda, Angola, with over 15 years of experience in economic, financial, and political reporting.
  • U.S. commits $4 billion to transform Angola’s Lobito Corridor
  • Biden’s visit emphasises economic ties but draws criticism for ignoring human rights

Luanda, Angola – President Joe Biden concluded a historic working visit to Angola on Wednesday, December 4, the first by a U.S. president. The visit included a multilateral summit with leaders from Angola, Zambia, the Democratic Republic of the Congo (DRC), and Tanzania’s Vice President, highlighting the transformative potential of the Lobito Corridor, a strategic transcontinental railway and infrastructure initiative.

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