Angola : Joe Biden confirms $600 million investment for the Lobito corridor

During his visit to Angola, U.S. President Joe Biden announced an additional investment of $600 million (€570 million) for the renovation of the Lobito Corridor, a key project for transporting minerals in Africa. This funding brings the total U.S. commitment to $4 billion (€3.8 billion) for the megaproject. The promises also include funds for food security and cultural renovations, which have been praised by the local press.