Global interest and investment in the Lobito Corridor demonstrate how regional logistics can serve as the key element of industrial strategy, because the infrastructure that moves ore and the systems that manage its movement naturally operate beyond national borders.
This is according to Shirley Webber and Stephen Seaka, respectively managing editor and coverage head of Resources and Energy at Absa CIB, and managing executive for Public Sector and Growth Capital Solutions, also at Absas Corporate and Investment Banking division.
The authors of How Africa Can Turn Fragmented Mineral Belts into Coherent Regional Value Chains believe that the Corridors potential was made clear in 2023 when a test consignment of ore was successfully shipped via the refurbished rail freight line linking the Democratic Republic of the Congo DRC with the Angolan port.
