Bankable posted on 7 April 2026 a commentary titled "Zijin, CMOC Back Competing Alternative to Lobito Corridor" by Pierre Mukoko.
China Civil Engineering Construction Corporation and four Chinese companies are financing a $1.4 billion project to rehabilitate the Tanzania-Zambia railway that will transport critical minerals from the DRC to the Indian Ocean port of Dar es Salaam.
The Tanzania-Zambia railway will compete with the American and European Lobito Corridor project that will transport critical minerals from the DRC to an Atlantic Ocean port in Angola.
