Africa
Geopolitics
DR.Congo
Lobito Corridor: DRC's Role in Geopolitical Strategy
Serge Kabongo
Dec 5, 2024
President Joe Biden Meets Felix Tshisekedi In Angola
The Lobito Corridor has recently become a focal point during diplomatic visits by US President Joe Biden and Congolese President Félix Tshisekedi to Angola, highlighting its importance in the geopolitical landscape of southern Africa. This critical infrastructure project connects Angola, the Democratic Republic of the Congo (DRC), and Zambia and is seen as vital for economic growth in the region.
The rail and port corridor stretches 1,289 kilometers from the Atlantic coast at Angola's Port of Lobito to the DRC border. The project, which costs about $1.6 billion, has attracted support from the United States, the African Development Bank (AfDB), and a private consortium. President Biden emphasized the corridor's strategic value during his visit, echoing sentiments by President Tshisekedi about its benefits for the DRC.
The corridor is designed to modernize and maximize the efficiency of the rail line, including a specialized port for exporting key minerals like copper and cobalt. It promises to enhance access to global markets for the DRC and Zambia by providing a shorter, more direct route. The project is also expected to boost local economies in Angola, especially in regions like Benguela, Huambo, Bie, and Moxico, where nearly 40% of Angola's population resides, and where sectors such as agriculture and retail are growing rapidly.
Beyond economic benefits, the Lobito Corridor is strategically significant. The US supports this project as a counterbalance to Chinese projects like the Belt and Road Initiative and aims to solidify its influence in a resource-rich region. The project is intended to exemplify a transparent, sustainable partnership, meeting high environmental and social standards, and fostering regional integration and inclusive economic growth.
Dr. Pedro Mbuyu, an Angolan economist, highlighted the corridor's importance for landlocked countries with rich mining capabilities, such as the DRC and Zambia. He noted that the corridor reduces transport costs and times, opening up vital routes to international markets.
The corridor's influence extends beyond economics; it represents a new phase in African cooperation and attracts global attention. During his visit, President Biden discussed its role in boosting intra-African trade and providing equitable market access for landlocked nations. Angolan journalist Maria Lopes remarked on the significance of Angola's selection by Biden, pointing out Angola's political and economic stability as key factors in its suitability for long-term projects like the Lobito Corridor.
This initiative is more than a logistics project; it's about strategic transformation. It aims to streamline the export of minerals, enhance trade across borders, and integrate small to medium-sized enterprises into larger value chains. Key mining areas like Zambia's Copperbelt and DRC's Haut-Katanga, which contribute significantly to Zambian exports, will benefit, as will agricultural and commercial sectors in Angola.
With substantial investments, including a $553 million loan from the US International Development Finance Corporation for rail modernization and $500 million from the AfDB to boost the corridor's capacity, the project plans to significantly increase train frequency and freight capacity, thereby reducing transit times over the next 30 years.