Lobito Atlantic Railway secures USD 753 million for Angola line
- Country
- Angola (Lobito port to Luau on the DR Congo border) · Angola
- Project
- Lobito Corridor: rehabilitation of the 1,300 km Lobito–Luau line (Lobito Atlantic Railway)
- Investment
- USD 753 million (approx. EUR 640 million) financing
- Status
- Financing secured (17 Dec 2025); rehabilitation under way
- European role
- Trafigura / Mota-Engil / Vecturis (europäische Eigner von Lobito Atlantic Holdings; Sitzländer im Artikel nicht genannt) · Industry
The operator LAR is owned by a consortium of the European companies Trafigura, Mota-Engil and Vecturis and holds a 30-year concession. Funding comes from the US development bank DFC and the Development Bank of Southern Africa.
Lobito Atlantic Railway announced on 17 Dec 2025 that it has secured USD 753 million (about EUR 640 million) from the US development bank DFC and South Africa’s DBSA. The funds will modernise track, workshops, signalling and rolling stock on the 1,300 km line from Lobito port to Luau; the operator is owned by European shareholders (Trafigura, Mota-Engil, Vecturis). No completion date is given (LOK Report, 30 Dec 2025)
Source: lok-report.de ↗ · Archived copy ↗
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