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Zambia’s Grant Shifts to Lobito Corridor

Zambia’s Grant Shifts to Lobito Corridor

Published 3 days, 21 hours ago
Description

A major grant originally meant to boost farming in Zambia is pivoting to support both agriculture and the country’s critical minerals sector—especially along the strategic Lobito Corridor. This vital trade route, linking the DRC, Angola’s port, and Zambia’s copperbelt, is key to moving essential minerals for the energy transition and countering China’s influence. The African Finance Corporation aims to finalize financing by late 2027, with road upgrades in key provinces to ensure smooth operations—balancing food security with mineral supply chains for the global future.

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