Opinion | The Lobito Corridor: How Digitalisation Reshapes US-China Rivalry

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A $753 million financing package by the US International Development Finance Corporation and the Development Bank of Southern Africa aims to rehabilitate and modernize the Lobito Corridor railway connecting Angola's port of Lobito with Democratic Republic of the Congo, with plans to extend into Zambia. The project reflects broader strategic competition influenced by digitalization and US-China rivalry in the region.

In early July, the US International Development Finance Corporation (DFC), in partnership with the Development Bank of Southern Africa, completed a $753m financing package to rehabilitate and modernise the Lobito Corridor—a railway linking Angola’s Atlantic port of Lobito with the Democratic Republic of the Congo (DRC), with plans to extend into Zambia. Days later, the […] The post Opinion | The Lobito Corridor: How Digitalisation Reshapes US-China Rivalry first appeared on Dailynewsegypt.