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Dfc Commits $553 Million to the Lobito Corridor Alongside Angola
Summary by Financial Afrik
1 Articles
1 Articles
LaU.S. International Development Finance Corporation (DFC) has finalized a funding of $553 million for the modernization of the Lobito Atlantic Railway, the backbone of the Lobito Corridor in Angola. This loan aims at the rehabilitation, modernization and operation of approximately 1,300 km of railway track connecting the Atlantic port of Lobito to Luau,...
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