US-backed Lobito Corridor project set for construction as AFC secures $753m

The Africa Finance Corporation has successfully closed a $753m financing package to rehabilitate and operate the 1,300-kilometre Lobito Corridor railway linking Angola to the DRC border. The Africa Finance Corporation has successfully closed a $753m financing package to rehabilitate and operate the 1,300-kilometre Lobito Corridor railway linking Angola to the DRC border.