Friday, April 5, 2024

US/EU Lobito Corridor Project Could Counter China's Efforts

 The Washington-based Center for European Policy Analysis posted on 2 April 2024 a commentary titled "Confronting the China Challenge in Africa: The Lobito Corridor" by Eduardo Castellet Nogues.

The US Development Finance Corporation and the Export-Import Bank, together with European partners, are funding a huge infrastructure project in the Lobito Corridor that runs from Zambia's copper fields, through the mineral rich Democratic Republic of the Congo, to the Angolan port of Lobito.  China has been the principal infrastructure partner in this part of Africa throughout this century.  If the project is successful, it could counter China's Belt and Road Initiative in this part of Africa.