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World Bank Group Issues Guarantees of 53.7 Million to Mota-Engil in the Lobito Corridor

Summary by Sapo
"The Multilateral Investment Guarantee Agency (MIGA) has issued guarantees worth $62.6 million to the Portuguese construction company Mota-Engil to cover its capital investments in the Lobito Atlantic Railway, which operates the Lobito Corridor under a 30-year concession with the Government of Angola," reads the press release sent to Lusaka.

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World Bank Group Issues Guarantees of 53.7 Million to Mota-Engil in the Lobito Corridor

"The Multilateral Investment Guarantee Agency (MIGA) has issued guarantees worth $62.6 million to the Portuguese construction company Mota-Engil to cover its capital investments in the Lobito Atlantic Railway, which operates the Lobito Corridor under a 30-year concession with the Government of Angola," reads the press release sent to Lusaka.

·Lisboa, Portugal
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Sapo broke the news in Lisboa, Portugal on Thursday, September 10, 2026.
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