Angola: U.S. and EU Commission Ready to Discuss Financing for Lobito Corridor

Luanda — The U.S. government and the European Commission have said they are prepared to discuss ways to finance proposals that will ensure the ongoing rehabilitation of the Lobito Corridor (the Angolan side) and guarantee its success as a catalyst for regional development.

According to the Joint Declaration of Intent on the Lobito Corridor, both parties took note of recent discussions between the Congolese government and the private sector regarding investment proposals for the Congolese portion…