Business

MoU Signed for New Angola – DRC Railway The new railway is expected to cost $US 4.5bn. 29 December 2023 All-American Rail Group (AARG) and Angola’s Ministry of Transport have signed an MoU to build a railway connecting Luanda with the DRC.   To read the full article...   Photo Credit: RAILJOURNAL Click here

Angola | US consortium invests US$4.5 billion in railway linking Luanda and the Democratic Republic of the Congo 15 December 2023 The American Railroad Group (AARG) from the United States is “ready to build, operate and finance railway and logistics projects in Angola.” It is said that the American Railroad Group (AARG) has signed a…

The U.S. Strategic Bet on Angola Pays Off – and Vice Versa 11 December 2023 Angola is emerging as a hub of various U.S. efforts to support African economic development.   To read this article...  Click here

All American Rail Group will develop railway project to connect Luanda to DRCongo 11 December 2023 The North American company All-American Rail Group will develop a railway project to connect Luanda to the Democratic Republic of Congo (RDCongo), said the Ministry of Transport (Mintrans).   To read the full article...  Photo Credit: LUSA/VERANGOLA Click here

US makes US$2 billion pledge as Angola looks beyond Chinese funding model 9 December 2023 Angola was the biggest African recipient of Beijing’s funding, but a fall in oil prices has left the country struggling to service its debts. [ ... ] To view the full article...    Click here