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In the Face of China, the European Union Is Increasing Its Involvement in the Lobito Corridor
Summary by latribune.fr
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Through DR Congo, Zambia and Angola, the Lobito Corridor is a strategic infrastructure for the global supply of copper and cobalt, and, like other international actors, the European Union is seeking to strengthen its presence there.
Presented as the flagship giga-infrastructure project in Washington and Brussels in Africa, the Lobito corridor now has as much hope as prudence in the Copperbelt in Zambia and Katanga in the Democratic Republic of the Congo (DRC). The project now concentrates more than $10 billion in public and private commitments. Supported by the United States, the European Union and the African Development Bank, it is also led by an industrial consortium led…
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