Tag: Mota-Engil
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New Half-Billion Dollar Deal Aims to Position Angola’s Lobito Corridor as Main Gateway for Africa’s Critical Resources
The competition for access to critical metals used to manufacture electric vehicle batteries intensified with the announcement that Trafigura, a Singaporean-based commodity trading giant, is going to lead a consortium of European companies to rebuild a rail line poised to become one of Africa's most important logistics corridors. ...
New Copper/Cobalt Trade Corridors Take Shape to Serve as Alternative to South Africa
Zambia, the Democratic Republic of Congo, and Angola will set up an agency to manage a logistics corridor linking them to Angola’s Lobito port. The move comes as South Africa's Durban port has faced repeated delays. A concession to manage the corridor was recently ...
China-Linked Group Will Run Angolan Transport Corridor
The Angolan government has signed a $450 million agreement with the Portuguese infrastructure group Mota-Engil to run rail and logistics in the Lobito Transport Corridor, which connects Lobito Port to the mining zone in the southern Democratic Republic of Congo.
One of China’s Largest BRI Builders Faces Economic Headwinds at Home
Business is booming for the China Communications Construction Company. It is one of the world's largest construction companies and built many of China's iconic BRI projects, including the controversial Port of Hambantota in Sri Lanka and the Standard Gauge Railway in Kenya. Signed contracts jumped 22% in ...