Secretary of State Blinken Discusses Lobito Corridor in Luanda
Chief among the topics will certainly be America's recent investment in Angolan rail infrastructure. With the Lobito Corridor receiving dire
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Jan 25
Angolan Agri-Investment Driven by Overdue Rail Investments
The recent flurry of rail investment announcements is expected to draw additional agri-business investment to the region. The Angolan Minste
Jan 24
All-American Rail Group Inks MOU to Assist Angola to Extend Northern Corridor Rail to DRC
On December 9, 2023, the All-American Rail Group ("AARG") codified its commitment to provide advisory services to Angola's rail and infrastr
Jan 24
Copper Prices are "a Powder Keg Waiting to Explode" According to Major Lobito Corridor Investor
Ivanhoe Mines' Robert Friedland stated in this Bloomberg interview that although "Goldman Sachs published today [a report] calling for over
Jan 22
DFC Approves Loan of $17.1 Million for New Hotel in Zambia
One of the Development Finance Corporation's 17 most recently approved investments, totaling $3.3 billion, will be for real estate in Zambia
Jan 22
U.S. Government's DFC to Invest $50 Million in South Africa Rare Earths
The United States government, through the Development Finance Corporation ("DFC"), is backing a South African rare earth mine with a $50 mil
Jan 18
$530 Million of New Rail To Connect TAZARA to Lake Tanganyika
Zambia's call for proposals to link Lake Tanganyika to TAZARA by more rail is likely an effort to make the TAZARA railway upgrades the Chine
Jan 18
South Africa's Largest Insurer Sees Escape Valve in India
Sanlam is the dominant insurer in South Africa with revenues of $4.6 billion in 2022, 25% of which derived from international operations. Mo
Jan 15
South Africa’s First Rand Seeks Growth in Africa Through Acquisitions
FirstRand is a major banking group in South Africa and its incoming CEO is keen to look outside of South Africa for growth. The domestic eco
Jan 15
Foreign Airlines Lobby Nigeria to Release Trapped Dollars
Nigeria's currency issues seem to be neverending and only getting worse. Foreign airlines striking would have a devastating effect on an eco
Jan 15
NBA Africa’s Dreams Turn Into Nightmares and Regrets
The NBA's foray into Africa has largely been a failure with investors losing most of the capital already invested. It entered Africa too agg
Jan 15
Africa Miners Take Note of $182 Million Saudi Earmark for Exploration
The capital allocated is to discover and mine mineral resources in Saudi Arabia, but African miners should take note. Saudi is flush with ca
Jan 13
Western Cape Industrial Sector Shines in South Africa
Not much is going right in South Africa but the Western Cape is bucking the trend boasting solid residential and industrial real estate tren
Jan 13
Total Hires Former Benin PM to Secure Land for Oil Pipeline in East Africa
The pipeline will permit Uganda to develop its oilfields which are mainly operated by the French company TotalEnergies. Projected project co
Jan 13
Landlocked Ethiopia Signs Deal to Secure Sea Access
Under the deal, Somaliland would lease 20 kilometers of sea access to Ethiopia’s navy under a 50-year concession. In exchange, Ethiopia reco
Jan 13
DC Removes Uganda From AGOA For Failure to Promote LGBTQ+ Agenda
Most of Washington DC’s engagement with Africa is aimed at promoting historically radical gender, sexual, and social norms onto Africans and
Jan 10
Lobito Corridor and Sonangol Could Create New Opportunities For Efficient Cobalt Mining
Access to charging stations is not the only factor limiting the widespread adoption of electric vehicles in the United States. Experts...
Jan 10
Pensana’s Longonjo Rare Earths Project in Angola gets mining title approval
The Longonjo Rare Earths Project, which spans 21 km2, is located near the town of Longonjo in central Angola and near Lobito Corridor's...
Jan 10
Update On $15 Million Road Construction Activities At Longonjo
Pensana is pleased to provide the following update on activities at the Longonjo minesite ahead of the main construction. As previously...
Jan 10
The Lobito Corridor: Washington’s Answer to Belt and Road in Africa
Launched a decade ago, China’s Road and Belt Initiative is a colossal infrastructure and economic development project spanning across...
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