Equity Group targets Southern Africa expansion with acquisition strategy
Kenya’s Equity Group Holdings is pursuing acquisitions in Angola, Zambia and Mozambique as part of a strategic expansion to capitalize on growth driven by infrastructure […]
Lobito corridor
South African Investors Eye Strategic Opportunities in Huambo’s Economic Corridor
South African business entities are intensifying their interest in investment opportunities within Huambo Province, Angola—particularly across agriculture, manufacturing, mining, and logistics linked to the Lobito […]
US gives Angola $1 million to replicate Lobito Corridor model
The United States Agency for International Development (USAID) has pledged $1 million to Angola for establishing a specialized unit to replicate the successful Lobito Corridor […]
U.S., Zambia, AFC Host PGI Forum to Strengthen Investment in Lobito Corridor
President of Zambia, Hakainde Hichilema, Senior Advisor to President Biden, Amos Hochstein, and President and CEO of the Africa Finance Corporation (AFC), Samaila Zubairu, convened […]
Angolan Government approves VAT reduction on food from 14 to 7%
The Angolan Council of Ministers on Wednesday July 26 approved the reduction of VAT on foodstuffs from 14% to 7%, the list of which has […]
Angolan President calls on Zambia and DRC to cooperate in energy sector
The Angolan President said, in Benguela, that besides the Lobito corridor, Angola, Zambia and the Democratic Republic of Congo (DRC) need to share energy, when […]
Presidents of Angola, Zambia and DRC get together to launch Lobito corridor
The Angolan President, João Lourenço, will this Tuesday mark the start of the Lobito corridor rail concession, a ceremony that will be joined by his […]