Zambia–Lobito Railway Advances Towards Financial Close

On 3 November, the Africa Finance Corporation and Zambia’s leadership reviewed progress on the approximately 830-kilometre Zambia–Lobito Railway, which will connect Chingola to Angola’s rail network and the Atlantic port of Lobito. Preferred EPC bidders have been selected, while letters of intent cover approximately two million tonnes of annual freight. The project offers opportunities for infrastructure investors, engineering contractors, rolling-stock suppliers and logistics operators. HPC can support partner identification and commercial introductions; a final project cost was not disclosed in the 3 November update.

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