Africa's Lobito Corridor benefits may be exaggerated
Monday, September 16, 2024
Significance
This builds on current work upgrading the Lobito Corridor railway, which runs through Angola, Zambia and the Democratic Republic of the Congo (DRC) and is designed to better integrate Europe and the United States into critical raw material (CRM) supply chains.
Impacts
- The small number of committed users of the Lobito route thus far may affect its long-term profitability.
- Stalled government anti-corruption efforts and judicial capture may deter broader foreign investment in Angola.
- The project will fail to undermine significantly Chinese influence in Angola and across the region.