AFC, an African financial company, has officially completed its financial closure and provided a total of 753 million US dollars in financial support for the Lobito Corridor Railway Project in Angola. The framework for this financing was finalized in Washington D.C. as early as December 2025, and the relevant loan agreements were signed. Subsequent funds will gradually be disbursed.

The core of the project covers a 1300 kilometer railway line from Lobito Port in Angola to the border of the Democratic Republic of Congo, with all funds used for line repair, upgrading, and long-term operation and maintenance.

Multi party institutions jointly build financing structure

This financing is jointly funded by AFC and Eaglestone as joint financial advisors, responsible for the full process fund allocation for the project's franchisee Lobito Atlantic Railway. This operating entity is a joint venture between Mota Engil and Trafigura, and will be fully responsible for the daily operation and management of the line after its completion.

The entire fund will be split into two parts for implementation, with $553 million coming from the International Development Finance Corporation of the United States and the remaining $200 million provided by the Development Bank of South Africa. The matching of funds from different institutions precisely covers the construction and operational needs of the project at different stages.

The value of regional core channels is gradually being released

The Lobito Corridor is a key land route connecting central Africa to the Atlantic Ocean estuary. Previously, the route was aging and inefficient, making it difficult to transport large amounts of inland minerals and materials quickly and at low cost. After the upgrade is completed, the traffic capacity and stability of the entire line will be greatly improved. Mineral and agricultural products along the line can be directly transported to the Port of Lobito by railway, and then connected to the global shipping network. Keywords: Corridor Railway Project, Line Restoration

After the opening of this channel, the cross-border logistics costs between Angola and surrounding areas will significantly decrease, and the efficiency of trade circulation within the region will also be improved, opening up new space for economic growth in multiple countries along the route.Editor/Cheng Liting