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DBSA, US DFC reach $786m financial close on Lobito Corridor railway project
Development financial institutions the Development Bank of Southern Africa (DBSA) and the US International Development Finance Corporation (DFC) have reached financial close on $786-million in funding for the Lobito Corridor railway project. The project is a joint venture between infrastructure construction group Mota-Engil and metals logistics company Trafigura.
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riotimesonline.com
Congo Approves a US$1.26 Billion Railway for the Lobito Corridor
The Lobito Corridor railway wins a draft US$1.26 billion Congolese convention with Mota-Engil to rebuild 1,004.5 km of track toward Angola's coast.
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engineeringnews.co.za
DBSA, US DFC reach $786m financial close on Lobito Corridor railway project
Development financial institutions the Development Bank of Southern Africa (DBSA) and the US International Development Finance Corporation (DFC) have reached financial close on…