Africa Finance Corporation (AFC)

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Tanzania and Angola agree to link Atlantic and Indian Ocean rail corridors

Lead developer of the Zambia-Lobito railway; named preferred bidders in October 2026 and is seeking viability gap funding from Zambia and Angola

Tanzania and Angola's October 30 plan to link the Benguela Railway to the Tanzania-Zambia Railway still has no route, cost estimate or named financier. The Atlantic half of the route moved ahead without it.

Updated 3 days ago

AFC names preferred bidders for Zambia Lobito railway

Built World

Lead sponsor and developer of the Zambia Lobito Railway

Africa Finance Corporation has picked preferred construction bidders for the Zambia Lobito Railway, an 830-kilometre greenfield line meant to carry copper and cobalt from Zambia's Copperbelt to Angola's Atlantic port. Contract talks start in November 2026, with engineering, procurement and construction agreements targeted within eight to 12 weeks.

Updated Nov 2