Angola's Lobito rail wins fresh funding as Washington and Beijing fight for Africa's cobalt and copper. What it means for supply chains and Latin America.
Rio Times · Analysis
Key Facts
—What it is The Lobito Corridor is a 1,300km-plus railway linking Angola’s Atlantic port to the copper and cobalt belts of the DRC and Zambia.
—Fresh money Angola has secured new international lender funding to modernise the line, adding to a $553m US development-finance loan agreed in December 2025.
—The prize The DRC produces roughly 70% of the world’s cobalt, and the DRC-Zambia belt holds a large share of global copper.
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