Angola: African Consortium Makes U.S.$500 Million Available for Lobito Corridor

Benguela — The Africa Finance Corporation (AFC) consortium is to grant a financial boost of 500 million US dollars for social impact investments to boost the development of the Lobito Corridor in Benguela province.

This was announced on Wednesday by the Chairman of the Board of Directors of this financial institution, Andrew Alli Samaila, while speaking at the Multilateral Summit on the Lobito Corridor in Benguela city.

The forum on the important regional infrastructure brought together the…