Angolan President and African Union chairperson, Joo Loureno, used a Financing Summit in Luanda looking at logistics to highlight the Lobito Corridor, calling it a game-changer for regional trade and economic growth.
The summit, Capital, Corridors, Trade: Investing in infrastructure for the AfCFTA and shared prosperity, brought together African leaders, global investors, and development banks to turn Africas infrastructure ambitions into bankable projects.
Africa faces a 68-108 billion annual infrastructure gap, but Loureno emphasised that projects like Lobito showed how capital could be mobilised when backed by political will.