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- From left to right: Honourable Minister of Transport for Zambia, Mr. Frank Tayali MP, President & CEO of Africa Finance Corporation, Samaila Zubairu, and Honourable Minister of Transport for Angola, Mr. Ricardo Viegas d’Abreu, at the signing of the Zambia Lobito Rail Project concession agreements during the 79th UN General Assembly
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Africa Finance Corporation (AFC) Signs Concession Agreements with Governments of Angola and Zambia to advance Zambia Lobito Rail Project
The railway is expected to create economic benefit of approximately $3 billion across both countries, reduce emissions by approximately 300,000 tons per year and add over 1,250 jobs across construction and operations
In a significant milestone for the Zambia Lobito Rail Project, Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has signed concession agreements with the governments of Angola and Zambia for the financing, construction, ownership and operation of the transformational railway project. The agreements, which were signed yesterday…