A $753m US-backed railway from Angola to Congo shows how Washington, Africa and a Lusophone builder are racing China for the metals of the future.
Rio Times · Analysis
Key Facts
—The deal Angola’s Lobito Corridor railway reached financial close on a $753m package on 3 July 2026.
—The money $553m came from the US Development Finance Corporation and $200m from the Development Bank of Southern Africa.
—The route The project rehabilitates 1,300km of brownfield rail from the Port of Lobito to the DR Congo border.
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