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From 2013 to 2021, China provided $679 billion for infrastructure projects around the world, according to a U.S. government analysis, while the U.S. provided $76 billion.
Biden’s three-day visit at the tail-end of his term is expected to seal his legacy in Africa, specifically the Lobito Corridor – a US-invested railway and logistics project connecting Angola ...
Despite Angola's efforts to attract Western investment through initiatives like the US-Africa Business Summit, rampant ...
Two major rail corridor projects in Africa have the potential to drive greater beneficiation, trade and socio-economic growth ...
Some also say they, too, could reap the benefits of the Lobito Corridor. “This Lobito project is a very good project for Angola’s development,” said Zheng Gang, a Chinese entrepreneur who ...
As Biden visits Angola and engages with the leadership, the Angolans will be watching whether he raises this disparity and related human rights abuses and civic rights infringements. They are keen on ...
Stretching from Angola’s Atlantic coast to central Africa, the Lobito Corridor is now a key rail route in the global scramble ...
The report urges project stakeholders to shift away from a limited extract-and-export approach to critical minerals, which often stems from geopolitical rivalries among major powers. Instead, it ...
Angola’s finance minister hailed the Lobito Corridor, a railway project that will transport critical minerals from central Africa’s copper belt to an Atlantic port — as a model for funding ...
Zambia plans to initiate the Lobito Corridor railway project by the third quarter of 2026, linking its copper belt to ...
But this week, the acting U.S. ambassador in Angola, James Story, gave the first indication that the Trump administration was on board with the project, the Lobito Corridor, which is expected to ...
When Joe Biden arrives in Angola on Monday on his first African visit as US president, he is likely to land at a China-built airport and then be driven along a highway also built or financed by China.