The U.S. International Development Finance Corporation (DFC) has finalized a $553 million financing package for the modernization of the Lobito Atlantic Railway, the backbone of the Lobito Corridor in Angola. This loan aims to rehabilitate, modernize, and operate approximately 1,300 km of railway connecting the Atlantic port of Lobito to Luau, on the border with...
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DFC commits $553 million to Lobito Corridor alongside Angola
Rodrigue Fénélon Massala
Rodrigue Fenelon Massala is a Senior Reporter at Financial Afrik. He holds a degree in Diplomacy from ENAM in Ouagadougou, a Master’s degree in Media Management and Communication from the École Supérieure de Journalisme (ESJ) in Lille, as well as a Master’s in Law, Economics, and Management with a specialization in Management from the University of Lille. Rodrigue Fenelon Massala is a pan-Africanist with a deep passion for culture, international geopolitics, contemporary history, and African finance.
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