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Angolan Government and World Bank Launch New Coordination Mechanism for the Lobito Corridor

Angolan Government and World Bank Launch New Coordination Mechanism for the Lobito Corridor

In a press release distributed to the media, it states that the launch will take place during the inaugural Coordination meeting on the Lobito Corridor, which will bring together senior government officials from Angola, the Democratic Republic of Congo (DRC), and Zambia, along with top leaders from multilateral and bilateral organizations, financial institutions, and international development partners.

The document adds that the participation of these entities underscores the consensus and collective commitment to the strategic importance of the corridor. The meeting aims to align strategic priorities and strengthen coordination between the three African countries and their technical and financial partners.

The agenda will focus on accelerating the implementation of structural projects in vital areas such as integrated rail transport and logistics, trade facilitation, and infrastructure modernization. The agenda also includes issues such as sustainable energy, the development of agricultural and mineral value chains, and the promotion of economic and social development along the corridor.

Source: O País

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