Angolan Foreign Minister highlights economic impact of Lobito Corridor

Angolan Foreign Minister highlights economic impact of Lobito Corridor
 Save as PDF

Luanda, Angola – Angola’s Foreign Minister, Téte António, has underscored the strategic importance of the Lobito Corridor in boosting the country’s economy and enhancing regional integration across Africa. Speaking to the Voice of America (VOA) on Saturday, Mr. António highlighted the corridor’s role in linking Lobito Port to eastern Angola and key markets in Zambia and the Democratic Republic of Congo (DRC), positioning it as a vital driver of economic growth and a cornerstone of Africa’s physical and economic integration.

The minister emphasised that the project aligns with the African Union’s (AU) sustainable development and regional integration agenda, contributing to the connectivity of infrastructure and fostering intra-African trade under the African Continental Free Trade Area (AfCFTA).

He also lauded Angola’s efforts in conflict mediation, particularly President João Lourenço’s leadership in fostering dialogue between Rwanda and the DRC, as well as his role as the AU-designated Champion for Peace and Reconciliation in Africa.

Mr. António further addressed Angola’s preparations to assume the African Union presidency in 2025, pledging the nation’s commitment to advancing key priorities, including food security, climate change mitigation, and the consolidation of peace and governance across the continent. He also highlighted Angola’s active involvement in resolving ongoing crises, such as the conflict in Sudan, where the country has been advocating for dialogue and regional stability.

Related post

Nigeria strengthens its financial defences, but investors are still waiting for proof

Nigeria strengthens its financial defences, but investors are still…

 Save as PDFNew capital rules have reshaped the insurance industry, while the central bank reports stronger reserves and reduced government financing.…
OHUASI Investments looks to London to connect global capital with Angola’s next growth phase

OHUASI Investments looks to London to connect global capital…

 Save as PDFParticipation in the Angola–UK Trade & Investment Forum 2026 underscores the growing ambition of Angolan asset managers to position…
OPINION: Zambia’s stabilisation is not luck, it is discipline

OPINION: Zambia’s stabilisation is not luck, it is discipline

 Save as PDFTwo straight months of 6.5 per cent inflation add up to more than a statistical coincidence. If there is…

Leave a Reply

Your email address will not be published. Required fields are marked *