Angola, DR Congo, Zambia to expand mineral exports via the Lobito Corridor

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Angola, DR Congo, Zambia to expand mineral exports via the Lobito Corridor

STORY: Angola, DR Congo, Zambia to expand mineral exports via the Lobito Corridor DATELINE: July 5, 2023 LENGTH: 0:00:30 LOCATION: Luanda CATEGORY: ECONOMY SHOTLIST: 1. various of press conference STORYLINE: Angola, the Democratic Republic of the Congo (DRC), and Zambia on Tuesday agreed to expand mineral exports and foster regional economic integration via the Lobito Corridor. The three countries agreed in the Angolan city of Lobito to make optimal use of Angola's Lobito Corridor, to facilitate the export of minerals coming from the mineral-rich Greater Katanga region of the DRC and the Copperbelt province of Zambia. The Atlantic port of Lobito, along with the Benguela railroad, makes up the Lobito Corridor, which reaches more than 1,300 km deep into the continent, making it the quickest export route for copper, cobalt and other ores from Zambia, the DRC and beyond. The three countries have agreed on the transfer of the concession of railway services and support logistics of the Lobito Corrido

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