AfDB signs deal for Lobito Corridor funds
Published On November 18, 2023 » 883 Views» By Times Reporter » Latest News
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By TINKERBEL MWILA –
THE African Development Bank (AfDB) has signed a Memorandum of Understanding (MoU), joining global partners to mobilise resources for the Lobito Corridor and the Zambia-Lobito rail line in southern and central Africa.
Other signatories included the United States government, the European Commission, the Africa Finance Corporation (AFC), and the host governments of Zambia, Angola and the Democratic Republic of the Congo (DRC).
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