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Home Economy

Africa Is Not a Risk. Africa Is an Opportunity,” Says Angola Transport Minister at Lobito Corridor Signing

Victor Gotevbe by Victor Gotevbe
December 18, 2025
Reading Time: 4 mins read
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Africa Is Not a Risk. Africa Is an Opportunity,” Says Angola Transport Minister at Lobito Corridor Signing

Ricardo Viegas D’Abreu, Minister of Transport of the Republic of Angola, delivers remarks during the signing ceremony for the Lobito Corridor financial agreement at the U.S. International Development Finance Corporation headquarters in Washington, D.C., on December 17, 2025

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WASHINGTON, D.C. — Angola’s Minister of Transport, Ricardo Viegas D’Abreu, on Wednesday framed the Lobito Corridor as a turning point not only for his country, but for Africa’s place in global trade, as Angola and the U.S. International Development Finance Corporation signed a landmark financial agreement backing the corridor’s development.

Overseeing one of Angola’s most strategic economic portfolios, D’Abreu described the transaction as the country’s first engagement with DFC and the largest DFC financing ever concluded in Africa, calling it a moment that “shifts expectations,” “signals trust,” and “redefines the scale at which strategic collaboration between the United States and African nations can happen.”

Speaking during the signing ceremony in Washington, D.C., the minister made clear that the Lobito Corridor should be understood not simply as infrastructure, but as a recalibration of global connectivity. “The Lobito Corridor is a strategic corridor of consequence,” he said. “It links economies. It reduces distances. It rewrites regional and global supply-chain logic.”

He placed the project within a global environment shaped by fragile logistics networks and renewed competition for supply-chain security. With most global trade still dependent on long and vulnerable routes, he argued that resilience has become a strategic asset, elevating projects like Lobito beyond regional relevance.

“In a world where resilience has become a strategic asset, projects like the Lobito Corridor are no longer regional initiatives; they are global stabilizers,” D’Abreu said.

Stretching from Angola’s Atlantic coast into the mineral-rich interiors of the Democratic Republic of Congo and Zambia, the corridor is designed to influence far more than transport efficiency. “This railway connects the Atlantic to the heart of the continent,” he said. “It integrates Angola, the Democratic Republic of Congo, and Zambia into a trade corridor capable of influencing mineral markets, industrial development, energy security, and regional competitiveness.”

Beyond its physical scale, the minister emphasized the discipline behind the deal itself. He described the Lobito Corridor as a reference model for how African countries can structure complex infrastructure transactions that meet international expectations.

“What brings us together is the rigor, the transparency, and the strategic discipline that defined every phase of this transaction,” he said. “The Lobito Corridor has now become a case study for how African economies can structure world-class infrastructure deals that meet the highest standards of governance, due diligence, and commercial viability.”

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Addressing Africa’s persistent infrastructure gap, D’Abreu pointed to a deeper challenge that extends beyond capital shortages. While the continent requires between 130 and 170 billion dollars annually in new infrastructure investment, access to the right sources of capital remains uneven.

“Africa is not a risk,” he said. “Africa is an opportunity constrained by perception. The real challenge is not de-risking finance. It is de-risking the narratives around Africa.”

He argued that Angola’s ability to conclude the Lobito financing demonstrates that African governments can attract sophisticated global financiers when policy clarity, transparency, and consistency are present.

Strategically, the corridor positions Angola as a logistics gateway and anchor of regional integration. By upgrading the rail line, the country is laying the groundwork for industrial growth, expanded trade, and long-term competitiveness.

“By upgrading this corridor, we are not simply rehabilitating a railway,” D’Abreu said. “We are building a modern backbone for 21st-century development, a platform for industrialization, a catalyst for regional trade, and a foundation for long-term prosperity.”

Angola’s Minister of Transport Ricardo Viegas D’Abreu speaks at the DFC signing ceremony, outlining the strategic importance of the Lobito Corridor for regional trade, supply-chain resilience, and Africa’s integration into global markets.

The partnership with DFC, he added, reflects a shift in how Africa is viewed by global institutions. It demonstrates recognition of Africa as a viable investment case grounded in execution and governance.

“With this financing, the United States and Angola are sending a clear message,” he said. “Africa matters. Angola matters. The Lobito Corridor matters. Not tomorrow. Today.”

Looking ahead, the minister stressed that the signing marks the beginning rather than the conclusion of Angola’s responsibility. Execution, compliance, and performance will define the next phase, alongside the development of an economic corridor that delivers tangible benefits to communities along the route.

A view of the signing ceremony at DFC headquarters in Washington, D.C., as Angola’s Minister of Transport Ricardo Viegas D’Abreu presents Angola’s vision for the Lobito Corridor as a driver of regional connectivity and economic growth.

“We are building more than a railway,” he said in closing. “We are building trust. We are building credibility. And we are building a platform for the kind of growth that changes nations.”

As implementation begins, Angola positions the Lobito Corridor as the opening chapter of a broader vision for a connected, competitive, and confident Africa operating firmly within global markets.

Tags: Angola infrastructureDFC financingLobito CorridorU.S.–Africa trade
Victor Gotevbe

Victor Gotevbe

Publisher/ Editor-in-Chief
Member, The National Press Club

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