Transport and Logistics Minister, Frank Tayali, says the Lobito Corridor will significantly enhance Africa’s connectivity, boost intra-African trade, and open access to global markets for businesses, including Small and Medium Enterprises (SMEs).
Speaking to journalists on the sidelines of the ongoing U.S.-Africa Business Summit in Angola on Monday, Tayali explained that the corridor is part of a broader vision to link Africa’s eastern and western seaboards, facilitating trade with Asia, Europe, and the Americas.
“The Lobito Corridor project is a major infrastructure development initiative connecting Angola, Zambia, and the Democratic Republic of Congo (DRC),” he said.
Tayali noted that the three countries have reached a consensus on the strategic importance of the project, demonstrating strong political will to advance its implementation.
He revealed that a concession agreement had been signed with the Africa Finance Corporation (AFC), which is serving as the project developer.
The initiative is also being supported by international partners, including the United States, European Union, and African Development Bank.
“By linking with other corridors such as the Kazungula Corridor and the Zambia National Rail Network, the project will promote regional integration and unlock wider economic opportunities,” Tayali said.
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He stressed that improved connectivity is essential for Africa to enhance its trade potential, particularly through upgraded border infrastructure that reduces delays in the movement of goods.
“Infrastructure that enhances trade and promotes seamless connectivity goes beyond rail — it includes ensuring that roads are in good condition and that we modernize border posts,” Tayali said.
He pointed out the need to transition from traditional border setups to “no-stop border posts,” a concept championed by President Hakainde Hichilema. This would be made possible through the use of technology, including advanced scanning systems to inspect containers at the port of Lobito.
Tayali emphasized that such innovations would drastically reduce turnaround times and increase efficiency along the trade corridor.
The Lobito Corridor took a significant step forward on October 27, 2023, when Zambia, Angola, and the DRC signed an agreement with the United States, the European Union, the African Development Bank, and the Africa Finance Corporation to develop the project.
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