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Lobito Atlantic Railway

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uuid0067yv6

Namestring
Lobito Atlantic Railway
Legal namestring
Lobito Atlantic Railway S.A
Company typeenum
Private
Founded yearint
2022
Descriptiontext

Lobito Atlantic Railway S.A. (LAR) is a privately held rail concession company headquartered at the Port of Lobito, Angola, that operates the 1,289 km Angolan section of the railway connecting the Port of Lobito to the DRC border at Luau, together with a track access agreement with SNCC for the 450 km DRC section from Luau to Kolwezi. The company was established in November 2022 when a consortium of Trafigura, Mota-Engil, and Vecturis (collectively Lobito Atlantic Holdings) won a 30-year concession from the Government of Angola via international competitive tender, and officially commenced railway operations in January 2024. LAR also operates the mineral terminal at the Port of Lobito, a deep-water facility directly connected to the rail line, providing bulk and container cargo handling.

LAR's core offering is integrated rail-port logistics, primarily transporting copper, cobalt, sulphur, reagents, fuel, and other commodities between the DRC Copperbelt and Atlantic shipping lanes. The railway runs 12 trains per week currently (increasing to 20 by 2027) with a 7-day transit time from Lobito to Kolwezi, and the company has secured a 5-year contract with Ivanhoe Mines as its anchor customer. The same-gauge cross-border infrastructure enables seamless wagon movement between Angola and DRC, and the multimodal contingency platform at Dango provides operational continuity during disruptions.

Revenue is generated through transaction-based freight charges from mining companies, freight operators, and regional traders, with preferential round-trip rates for clients managing both imports and exports. The company received $753 million in project financing from the U.S. International Development Finance Corporation and the Development Bank of Southern Africa in December 2025 to upgrade track infrastructure, workshops, signalling systems, and rolling stock, with targets to expand capacity 10x to 4.6 million metric tons per annum and reduce transport costs by 30%. LAR employs 945 staff, 97% of whom are Angolan nationals.

Short descriptiontext

Lobito Atlantic Railway operates a 1,739 km rail-port corridor connecting the DRC Copperbelt to the Port of Lobito in Angola under a 30-year concession, providing freight transport and mineral terminal services primarily to mining companies, freight operators, and regional traders.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersLobito, Angola
HQ citystring
Lobito
HQ countrystring
Angola
HQ regionstring
Africa
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
rail freight transport, logistics corridor services, mineral terminal operations, cross-border rail logistics, open-access railway
Industry2 codes
1Minerals & Ores Transport (Iron Ore/Bauxite/Phosphate)
CodeTLADAKAEPrimaryYes
2Minerals & Ores Terminals (Iron Ore, Bauxite/Alumina, Concentrates)
CodeTLAHABABPrimaryNo
NAICS code1 code
  • Short Line Railroads482112
SIC code1 code
  • Railroads, Line-Haul Operating4011
Product category
Rail Freight Transport and Logistics Services
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Railway Freight Transportation
TypeTransaction Fee
Description

LAR charges mining companies, freight operators, and traders for transportation of copper, cobalt, sulphur, reagents, fuel, agricultural and industrial products via its railway corridor between the Port of Lobito and DRC Copperbelt. Revenue is generated through freight charges based on cargo volume and distance.

lobitoatlantic.com
2Port Terminal Operations
TypeTransaction Fee
Description

Revenue from handling bulk and container shipments at the mineral terminal at Port of Lobito, including unloading, storage, and loading services

lobitoatlantic.com
3Logistics Services
TypeTransaction Fee
Description

Round-trip preferential rates offered to clients managing both imports and exports, bundling services for cost optimization

lobitoatlantic.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D
Pricing details1 tier
1Open-access railway services for all commercial customers
ModelTransaction based/ take rateBilling cadencePay-as-you-go
Notes

LAR is open to all customers, providing commercial, efficient, and congestion-free export route. Preferential round-trip rates available for clients managing both imports and exports

lobitoatlantic.com
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Lobito Atlantic Railway (LAR) operates a 1,739 km open-access rail corridor connecting the DRC Copperbelt at Kolwezi to the deep-water Port of Lobito in Angola, transporting copper, cobalt, sulphur, reagents, fuel, agricultural and industrial goods. The company operates the 1,289 km Angolan section under a 30-year concession and has a track access agreement with SNCC for the 450 km DRC section. It also operates a mineral terminal at the Port of Lobito for cargo handling.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • 7-day transit time from Lobito to Kolwezi
+4 more records
Product overview1 text field

Lobito Atlantic Railway operates as a unified rail-port logistics system comprising freight transport services along the 1,739 km corridor from Kolwezi (DRC) to the Port of Lobito (Angola), the mineral terminal operations at Port of Lobito, and container wagon transport services. The company operates 1,289 km of railway in Angola under a 30-year concession and provides rail access services for the 450 km DRC section through SNCC agreement, offering integrated end-to-end freight solutions for mining companies and traders.

Product and service4 records
1Freight Rail Transport Services
CategoryRail freight transport
2Port of Lobito Mineral Terminal Operations
CategoryPort terminal operations
3Angola Railway Line Operations (Concession)
CategoryRailway operations and maintenance
4DRC Cross-Border Rail Access Services
CategoryCross-border rail access
Scale indicator14 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
1Southern African Railway Association (SARA)
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2026-05-01
Description

LAR welcomed the Executive Director of SARA and participates in SARA Rail Conference and Exhibition and Railway Safety Week commemorations.

lobitoatlantic.com
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-01-01
Description

CFB operates passenger services on LAR's railway line under a track access agreement, including frequent shuttle service between Benguela and Lobito. LAR took over operations from CFB in January 2024.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-01-01
Description

Ivanhoe Mines conducted a successful 1,100-ton copper trial shipment demonstrating transport time and cost savings. Signed first long-term customer contract (5-year term) in February 2024 for copper exports via LAR.

4Société Nationale des Chemins de Fer du Congo (SNCC)
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2022-01-01
Description

LAR has a track access agreement with SNCC (DRC's state-owned railway company) to operate and upgrade the 450km section between Luau and Kolwezi. Same gauge enables seamless cross-border operations.

lobitoatlantic.com
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeEmerging player
Description

Etihad Rail is developing a new national freight and passenger rail network in the UAE, presenting a comparable greenfield concession-to-operations transition and freight-rail build-out playbook relevant to LAR's growth stage.

2SADC Secretariat Railway Sub-Sector
TypeOthers
Description

Regional coordination bodies (SARA, SADC railway bodies) shape African cross-border rail policy; LAR's membership and engagement with SARA make these bodies relevant ecosystem participants influencing the corridor's operating framework.

TypeDirect peer
Description

Transnet Freight Rail is Africa's largest heavy-haul freight operator running line-haul rail services for coal, iron ore, and minerals in Southern Africa — a comparable scale line-haul rail concession model serving mining customers.

TypeOthers
Description

Grindrod is a South African freight logistics group with rail, port, and terminal operations across Southern Africa, providing an adjacent infrastructure/logistics services comparable to LAR's integrated rail-plus-terminal value proposition.

TypeDirect peer
Description

The Nacala Corridor is a 912 km rail and port system operated by Vale and its partners to export coal and copper from Mozambique and Zambia to a dedicated deep-water terminal — the closest functional analog to LAR's rail-plus-mineral-terminal model in Africa.

6Société Nationale des Chemins de Fer du Congo (SNCC)
TypeDirect peer
Description

SNCC is the DRC state-owned railway that operates the 450 km Dilolo-to-Kolwezi section of the Lobito Corridor under a track-access agreement with LAR, making it both a partner and direct rail-freight peer in the same DRC mineral supply chain.

TypeRegional player
Description

Botswana Railways runs freight rail connecting Botswana to South African and Namibian ports, serving a similar Southern African mining customer base with bulk commodity freight — a regional rail peer operating under a comparable concession-style model.

TypeRegional player
Description

CFM operates Mozambique's national rail network, including lines that feed the Nacala and Beira port corridors — a regional African state railway peer competing for cross-border mineral traffic.

TypeOthers
Description

CFB was the previous operator of the Angola section of the Lobito Corridor before LAR assumed operations in January 2024 and now runs passenger shuttle services on LAR's line — an adjacent ecosystem participant rather than a direct competitor.

TypeDirect peer
Description

TAZARA operates the alternative 1,860 km rail corridor from the Zambia/DRC Copperbelt to the port of Dar es Salaam on the Indian Ocean, directly competing with LAR for central African copper/cobalt export volumes via a different ocean gateway.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles13 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors2 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Lobito Atlantic Railway

Rail Freight Transport and Logistics Serviceslobitoatlantic.com

Lobito Atlantic Railway operates a 1,739 km rail-port corridor connecting the DRC Copperbelt to the Port of Lobito in Angola under a 30-year concession, providing freight transport and mineral terminal services primarily to mining companies, freight operators, and regional traders.

What Lobito Atlantic Railway does

Lobito Atlantic Railway S.A. (LAR) is a privately held rail concession company headquartered at the Port of Lobito, Angola, that operates the 1,289 km Angolan section of the railway connecting the Port of Lobito to the DRC border at Luau, together with a track access agreement with SNCC for the 450 km DRC section from Luau to Kolwezi. The company was established in November 2022 when a consortium of Trafigura, Mota-Engil, and Vecturis (collectively Lobito Atlantic Holdings) won a 30-year concession from the Government of Angola via international competitive tender, and officially commenced railway operations in January 2024. LAR also operates the mineral terminal at the Port of Lobito, a deep-water facility directly connected to the rail line, providing bulk and container cargo handling.

LAR's core offering is integrated rail-port logistics, primarily transporting copper, cobalt, sulphur, reagents, fuel, and other commodities between the DRC Copperbelt and Atlantic shipping lanes. The railway runs 12 trains per week currently (increasing to 20 by 2027) with a 7-day transit time from Lobito to Kolwezi, and the company has secured a 5-year contract with Ivanhoe Mines as its anchor customer. The same-gauge cross-border infrastructure enables seamless wagon movement between Angola and DRC, and the multimodal contingency platform at Dango provides operational continuity during disruptions.

Revenue is generated through transaction-based freight charges from mining companies, freight operators, and regional traders, with preferential round-trip rates for clients managing both imports and exports. The company received $753 million in project financing from the U.S. International Development Finance Corporation and the Development Bank of Southern Africa in December 2025 to upgrade track infrastructure, workshops, signalling systems, and rolling stock, with targets to expand capacity 10x to 4.6 million metric tons per annum and reduce transport costs by 30%. LAR employs 945 staff, 97% of whom are Angolan nationals.

Lobito Atlantic Railway firmographics

Firmographics
Name
Lobito Atlantic Railway
Legal name
Lobito Atlantic Railway S.A
Website
https://lobitoatlantic.com
Company type
Private
Founded year
2022
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Lobito Atlantic Railway operates a 1,739 km rail-port corridor connecting the DRC Copperbelt to the Port of Lobito in Angola under a 30-year concession, providing freight transport and mineral terminal services primarily to mining companies, freight operators, and regional traders.
Ownership category
akta.pro rank

Lobito Atlantic Railway industry classification

Industry
Product category
Rail Freight Transport and Logistics Services
NAICS
Short Line Railroads (482112)
SIC
Railroads, Line-Haul Operating (4011)
akta.pro primary industry
Minerals & Ores Transport (Iron Ore/Bauxite/Phosphate) (TLADAKAE)
akta.pro secondary industry
Minerals & Ores Terminals (Iron Ore, Bauxite/Alumina, Concentrates) (TLAHABAB)

Keywords

  • Rail freight transport
  • Logistics corridor services
  • Mineral terminal operations
  • Cross-border rail logistics
  • Open-access railway

Where Lobito Atlantic Railway is headquartered

Location

Headquarters

HQ city
Lobito
HQ country
Angola
HQ region
Africa

Offices1 record

Markets served

Lobito Atlantic Railway business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D

Revenue model

  1. Railway Freight Transportation: LAR charges mining companies, freight operators, and traders for transportation of copper, cobalt, sulphur, reagents, fuel, agricultural and industrial products via its railway corridor between the Port of Lobito and DRC Copperbelt. Revenue is generated through freight charges based on cargo volume and distance.
  2. Port Terminal Operations: Revenue from handling bulk and container shipments at the mineral terminal at Port of Lobito, including unloading, storage, and loading services
  3. Logistics Services: Round-trip preferential rates offered to clients managing both imports and exports, bundling services for cost optimization

Pricing tiers

ModelBillingPrice
Transaction based/ take ratePay-as-you-goOpen-access railway services for all commercial customers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Lobito Atlantic Railway product offering

Product offering

Core offering

Lobito Atlantic Railway (LAR) operates a 1,739 km open-access rail corridor connecting the DRC Copperbelt at Kolwezi to the deep-water Port of Lobito in Angola, transporting copper, cobalt, sulphur, reagents, fuel, agricultural and industrial goods. The company operates the 1,289 km Angolan section under a 30-year concession and has a track access agreement with SNCC for the 450 km DRC section. It also operates a mineral terminal at the Port of Lobito for cargo handling.

Product overview

Lobito Atlantic Railway operates as a unified rail-port logistics system comprising freight transport services along the 1,739 km corridor from Kolwezi (DRC) to the Port of Lobito (Angola), the mineral terminal operations at Port of Lobito, and container wagon transport services. The company operates 1,289 km of railway in Angola under a 30-year concession and provides rail access services for the 450 km DRC section through SNCC agreement, offering integrated end-to-end freight solutions for mining companies and traders.

Differentiator

Problem solved

Functional benefit

Products and services

  • Freight Rail Transport Services
  • Port of Lobito Mineral Terminal Operations
  • Angola Railway Line Operations (Concession)
  • DRC Cross-Border Rail Access Services

Quantifiable outcome

  • 7-day transit time from Lobito to Kolwezi
  • +4 more outcomes

Companies that use Lobito Atlantic Railway

Customer profile

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Lobito Atlantic Railway technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Lobito Atlantic Railway partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered minor and core.

  • Southern African Railway Association (SARA)minorStrategic or Co-development Partner · 1 May 2026LAR welcomed the Executive Director of SARA and participates in SARA Rail Conference and Exhibition and Railway Safety Week commemorations.
  • Caminhos de Ferro de Benguela (CFB)coreStrategic or Co-development Partner · 1 January 2024CFB operates passenger services on LAR's railway line under a track access agreement, including frequent shuttle service between Benguela and Lobito. LAR took over operations from CFB in January 2024.
  • Ivanhoe MinescoreStrategic or Co-development Partner · 1 January 2024Ivanhoe Mines conducted a successful 1,100-ton copper trial shipment demonstrating transport time and cost savings. Signed first long-term customer contract (5-year term) in February 2024 for copper exports via LAR.
  • Société Nationale des Chemins de Fer du Congo (SNCC)coreStrategic or Co-development Partner · 1 January 2022LAR has a track access agreement with SNCC (DRC's state-owned railway company) to operate and upgrade the 450km section between Luau and Kolwezi. Same gauge enables seamless cross-border operations.

Scale indicators14 records

Recent moves6 records

Expansion highlights6 records

Lobito Atlantic Railway competitors and assessment

Company assessment

Emerging players

  • Etihad Rail: Etihad Rail is developing a new national freight and passenger rail network in the UAE, presenting a comparable greenfield concession-to-operations transition and freight-rail build-out playbook relevant to LAR's growth stage.

Others

  • SADC Secretariat Railway Sub-Sector: Regional coordination bodies (SARA, SADC railway bodies) shape African cross-border rail policy; LAR's membership and engagement with SARA make these bodies relevant ecosystem participants influencing the corridor's operating framework.
  • Grindrod Limited: Grindrod is a South African freight logistics group with rail, port, and terminal operations across Southern Africa, providing an adjacent infrastructure/logistics services comparable to LAR's integrated rail-plus-terminal value proposition.
  • Caminhos de Ferro de Benguela (CFB): CFB was the previous operator of the Angola section of the Lobito Corridor before LAR assumed operations in January 2024 and now runs passenger shuttle services on LAR's line — an adjacent ecosystem participant rather than a direct competitor.

Direct peers

  • Transnet Freight Rail: Transnet Freight Rail is Africa's largest heavy-haul freight operator running line-haul rail services for coal, iron ore, and minerals in Southern Africa — a comparable scale line-haul rail concession model serving mining customers.
  • Nacala Logistics Corridor (Vale / CLI): The Nacala Corridor is a 912 km rail and port system operated by Vale and its partners to export coal and copper from Mozambique and Zambia to a dedicated deep-water terminal — the closest functional analog to LAR's rail-plus-mineral-terminal model in Africa.
  • Société Nationale des Chemins de Fer du Congo (SNCC): SNCC is the DRC state-owned railway that operates the 450 km Dilolo-to-Kolwezi section of the Lobito Corridor under a track-access agreement with LAR, making it both a partner and direct rail-freight peer in the same DRC mineral supply chain.
  • TAZARA (Tanzania-Zambia Railway Authority): TAZARA operates the alternative 1,860 km rail corridor from the Zambia/DRC Copperbelt to the port of Dar es Salaam on the Indian Ocean, directly competing with LAR for central African copper/cobalt export volumes via a different ocean gateway.

Regional players

  • Botswana Railways: Botswana Railways runs freight rail connecting Botswana to South African and Namibian ports, serving a similar Southern African mining customer base with bulk commodity freight — a regional rail peer operating under a comparable concession-style model.
  • Caminhos de Ferro de Moçambique (CFM): CFM operates Mozambique's national rail network, including lines that feed the Nacala and Beira port corridors — a regional African state railway peer competing for cross-border mineral traffic.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Lobito Atlantic Railway social profiles

Digital presence

Lobito Atlantic Railway financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Lobito Atlantic Railway leadership team

Management profile

Number of profiles

Profiles13 records

Lobito Atlantic Railway funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Lobito Atlantic Railway M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lobito Atlantic Railway

What does Lobito Atlantic Railway do?

Lobito Atlantic Railway (LAR) operates a 1,739 km open-access rail corridor connecting the DRC Copperbelt at Kolwezi to the deep-water Port of Lobito in Angola, transporting copper, cobalt, sulphur, reagents, fuel, agricultural and industrial goods. The company operates the 1,289 km Angolan section under a 30-year concession and has a track access agreement with SNCC for the 450 km DRC section. It also operates a mineral terminal at the Port of Lobito for cargo handling.

Is Lobito Atlantic Railway a public or private company?

Lobito Atlantic Railway is a private company. It is classified as corporate owned and is currently operating.

When was Lobito Atlantic Railway founded?

Lobito Atlantic Railway was founded in 2022. It employs 1,001 to 5,000 people.

Where is Lobito Atlantic Railway based?

Lobito Atlantic Railway is headquartered in Lobito, Angola, in the Africa region.

How does Lobito Atlantic Railway make money?

Three revenue lines are on record. Railway Freight Transportation is the primary driver. The others are port Terminal Operations and logistics Services.

Who are Lobito Atlantic Railway's main competitors?

Etihad Rail is listed as an emerging player. Others are SADC Secretariat Railway Sub-Sector, Grindrod Limited and Caminhos de Ferro de Benguela (CFB). Direct peers are Transnet Freight Rail, Nacala Logistics Corridor (Vale / CLI), Société Nationale des Chemins de Fer du Congo (SNCC) and TAZARA (Tanzania-Zambia Railway Authority). Regional players are Botswana Railways and Caminhos de Ferro de Moçambique (CFM).

Does Lobito Atlantic Railway have an API?

No public API is recorded for Lobito Atlantic Railway.

What industry is Lobito Atlantic Railway in?

Lobito Atlantic Railway's product category is Rail Freight Transport and Logistics Services. Its primary akta.pro industry code is TLADAKAE, Minerals & Ores Transport (Iron Ore/Bauxite/Phosphate), with a secondary code of TLAHABAB, Minerals & Ores Terminals (Iron Ore, Bauxite/Alumina, Concentrates). Its NAICS code is 482112 and its SIC code is 4011.

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BloombergLobito Corridor to Double Minerals Cargo After $300 Million Draw - BloombergLobito Atlantic Railway expects to double cargo volumes next year after receiving about $300 million in June from a $753 million financing package. CEO Nicolas Fournier said a very aggressive ramp-up is underway to boost capacity on the US-backed route linking the DRC to Angola's coast.Africa Private Equity NewsLobito Corridor Railway reaches $753m financial closeAfrica Finance Corporation announced the financial close of the $753 million Lobito Corridor Railway project in Angola. The funding includes $553 million from the US International Development Finance Corporation and $200 million from the Development Bank of Southern Africa, to upgrade and operate the 1,300km rail corridor.African BusinessSouthern Africa’s railway revolutionSouth Africa has opened its freight rail network to private operators in what it describes as the country's biggest rail reform in decades, opening Africa’s largest freight rail network with over 20,000 km of routes to private participation. Multiple major railway corridors across the Southern African Development Community are undergoing transformative upgrades, including the Lobito Corridor (concessioned to the Lobito Atlantic Railway consortium for nearly $500m in investments), the North-South Corridor linking the DRC and Zambia to South Africa, and Tanzania's $900m standard gauge railway project being built by Turkish contractor Yapi Merkezi. The coordinated investment push, aligned with African Continental Free Trade Area objectives, aims to shift the region from road-dependent transportation toward cost-effective rail alternatives to boost regional trade and economic integration.Global Trade Review (GTR)Lobito Corridor financing reaches financial close; AFC reveals advisory roleThe US International Development Finance Corporation and the Development Bank of Southern Africa reached financial close on a US$753mn package to rehabilitate Angola's Lobito Corridor railway. The package includes a US$553mn loan and a US$200mn facility, with AFC advising on structuring. Works are expected to continue through 2026-2027.DevdiscourseAFC Secures Financial Close for $753 Million Lobito Rail ProjectThe Africa Finance Corporation (AFC) announced the financial close of the US$753 million Lobito Corridor Railway Project in Angola, a 1,300-kilometre railway connecting the Port of Lobito to the Democratic Republic of the Congo border. AFC and Eaglestone served as Co-Financial Advisers, structuring financing for Lobito Atlantic Railway S.A. (LAR), a joint venture between Mota-Engil and Trafigura, with US$553 million from the U.S. International Development Finance Corporation and US$200 million from the Development Bank of Southern Africa. The project is expected to improve regional freight transport, strengthen supply chains, and enhance trade connectivity across Southern and Central Africa.EngineeringnewsLobito Corridor railway project achieves $753m financial closeThe Lobito Corridor railway project in Angola has achieved financial close of $753-million, securing funding for the rehabilitation and upgrade of a 1,300 km brownfield rail corridor linking the Port of Lobito to the Democratic Republic of Congo border. The Lobito Atlantic Railway, a joint venture between construction company Mota-Engil and logistics company Trafigura, will receive $553-million from the US International Development Finance Corporation and $200-million from the Development Bank of Southern Africa. The Africa Finance Corporation and Eaglestone served as co-financial advisers and led the financing structuring, with the project positioned as a landmark transaction demonstrating the viability of complex cross-border project financing in sub-Saharan Africa.Shanghai Metals MarketSurge Copper has released a prefeasibility study (PFS) for its Berg coLobito Atlantic Railway has resumed operations on its rail corridor linking the Port of Lobito to Huambo after approximately two months of disruption caused by severe flooding, receiving its first copper shipment from the Democratic Republic of Congo since the repairs were completed. During the outage period, LAR maintained cargo movements through a contingency plan involving rail and truck transfers. The Lobito Corridor serves as a major export route for copper and cobalt from the DRC to the Atlantic coast, and restoration of full rail traffic is expected to improve logistics efficiency for critical minerals exports from Central Africa.Shanghai Metals Market[SMM Shanghai spot copper] During the day, copper prices pulled back,Lobito Atlantic Railway (LAR) has resumed operations on a key section of its rail corridor and received its first copper shipment from the Democratic Republic of Congo following repairs to flood-damaged infrastructure. The rail link between the Port of Lobito and Huambo had been disrupted for approximately two months, during which LAR maintained cargo movements through a contingency plan involving rail and truck transfers. The restoration of rail traffic on the Lobito Corridor, a major export route for copper and cobalt from the DRC to the Atlantic coast, is expected to improve logistics efficiency for critical minerals exports from Central Africa.EngineeringnewsLobito railway receives first Congo shipment after flood repairsLobito Atlantic Railway received its first copper shipment from the Democratic Republic of Congo since reopening a flood-damaged section of the corridor, restoring traffic on a key export route for central African minerals. The link between Lobito Port and Huambo, closed for about two months because of severe flooding, was restored after emergency repairs, with the railway operator stating it maintained cargo flows during the disruption through a contingency plan. The corridor is a key conduit for copper and cobalt exports from Congo to the Atlantic and forms part of Western-backed efforts to develop transport links for critical minerals.LwLatham Advises on Project Financing of the Lobito Atlantic Railway ProjectLatham & Watkins advised Lobito Atlantic Railway, a joint venture between Trafigura and Mota-Engil, on project financing for the Lobito Atlantic Railway Project in Angola. The financing includes senior debt of up to US$200 million from DBSA and US$553 million from DFC, supporting rehabilitation and operation of the port and rail line. The project aims to expand critical mineral supply chains and reduce freight transit times.