Lobito Corridor financing AFC Citi 2026
Every story we have published on Lobito Corridor financing AFC Citi 2026.
Equity Bank bets on Lobito Corridor
Equity Group CEO James Mwangi disclosed on May 18 that the Kenyan bank is targeting acquisitions in Angola, Zambia and Mozambique, following the Lobito Corridor trade route as it pursues expansion from seven countries…
SA wins first IFC rand loan
The IFC and Citi have signed a R1.6 billion ($98 million) rand borrowing facility that gives the World Bank’s private-sector arm the ability to lend…
Angola and DRC build Africa’s biggest power interconnection
Angola and the DRC are advancing a $1.5 billion, 1,450-kilometre power transmission line to export 2,000 megawatts of surplus Angolan hydropower to…
Zambia cuts rates to two-year low
The Bank of Zambia cut its Monetary Policy Rate by 25 basis points to 13.25% at its May 2026 meeting, bringing borrowing costs to their lowest since…
Biggest Africa infrastructure projects 2026
Africa’s biggest infrastructure projects in 2026 span a $20 billion oil refinery, a transcontinental railway, deepwater ports, hydroelectric dams…
US-Africa Business Summit heads to Mauritius in July
The 18th US-Africa Business Summit moves to Mauritius on July 26 to 29, 2026, the first time the summit has been held on the Indian Ocean island,…
AFC lines up $3-5bn for Lobito corridor rail build
The Africa Finance Corporation is assembling a $3 to $5 billion financing coalition including Citi, Standard Bank, Absa and Ecobank for the Lobito…