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Lobito Corridor:
The United States injects more than USD 6 billion into this strategic project
The United States of America is strengthening its support for the development of strategic infrastructure in Africa.
On Saturday, May 10, 2025, the U.S. Department of State announced, via its official account on the X network, that it had mobilized more than USD 6 billion specifically dedicated to financing the Lobito Corridor.
This mega-project, which aims to connect the Atlantic Ocean (Port of Lobito, Angola) to the mining areas of the DRC (Democratic Republic of Congo) and Zambia, is considered a key route to facilitate regional exports and boost intra-African trade.
It is also part of the Global Infrastructure Initiative launched by the United States and its G7 partners.
"These funds, crucial for this infrastructure project, are specifically dedicated to it," the State Department publication states, adding that Washington continues to work with its regional and international partners to support the corridor's implementation.
This new financial commitment comes at a time of intensifying geostrategic challenges surrounding critical resources, particularly copper and cobalt.
The DRC, the world's leading cobalt producer, is expected to benefit directly from this corridor, improving its logistical capabilities and boosting its exports.
This American support is seen as a strong signal to Central and Southern African countries, as rivalries for influence over transportation infrastructure on the continent intensify.
Soon to be, potentially, the world's leading Cobalt & Lithium producer
The United States injects more than USD 6 billion into this strategic project
The United States of America is strengthening its support for the development of strategic infrastructure in Africa.
On Saturday, May 10, 2025, the U.S. Department of State announced, via its official account on the X network, that it had mobilized more than USD 6 billion specifically dedicated to financing the Lobito Corridor.
This mega-project, which aims to connect the Atlantic Ocean (Port of Lobito, Angola) to the mining areas of the DRC (Democratic Republic of Congo) and Zambia, is considered a key route to facilitate regional exports and boost intra-African trade.
It is also part of the Global Infrastructure Initiative launched by the United States and its G7 partners.
"These funds, crucial for this infrastructure project, are specifically dedicated to it," the State Department publication states, adding that Washington continues to work with its regional and international partners to support the corridor's implementation.
This new financial commitment comes at a time of intensifying geostrategic challenges surrounding critical resources, particularly copper and cobalt.
The DRC, the world's leading cobalt producer, is expected to benefit directly from this corridor, improving its logistical capabilities and boosting its exports.
This American support is seen as a strong signal to Central and Southern African countries, as rivalries for influence over transportation infrastructure on the continent intensify.
Soon to be, potentially, the world's leading Cobalt & Lithium producer
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