Search

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
  • 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.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


Recent Business

Cocoa pod and beans outdoors. Photo by Ákos Helgert @ Pexels
How Nigeria's cocoa strategy could end decades of oil dependence
Read More »
A vibrant display of traditional dance in Botswana. Photo by Xitsundzuxo Himina @ Pexels
Why Botswana’s inflation surge signals wider risks for commodity economies
Read More »
Molten metal pouring from ladle in industrial foundry. Photo by Bence Szemerey @Pexels
Can Kipushi’s zinc boom in Congo redraw Africa’s commodity power balance?
Read More »

Recent Politics

Street scene in Johannesburg, South Africa. Photo by Yiğit KARAALİOĞLU @ Pexels
Can Europe make South Africa’s metros investable? Execution matters
Read More »
The war in Sudan has displaced thousands of people. Photo @ Pexels
Can diplomacy stop Sudan’s war? The conflict is going regional
Read More »
Bassirou Diomaye Faye, President of Senegal. Photo @ Office of President, Senegal/Facebook
Can Senegal shield regional markets while restructuring debt?
Read More »

Latest Posts

Latest news insights