The Development Bank of Southern Africa (DBSA) is among stakeholders at the Continental Energy and Infrastructure Investment Forum in Zambia, this week.
The Bank’s Mpho Mokwele, highlighted the need for streamlined regulation, exploration funding and investment in rail and energy infrastructure to unlock bankable projects and drive regional growth.
The Lobito Corridor is a $200 million flagship public-private partnership in regional logistics and trade, funded by the DBSA.
It is meant to strengthen regional integration, unlock critical minerals, boost economic activity and deliver growth.
The DBSA signed a loan agreement for the Lobito Atlantic Railway Project in Angola, in December last year.
The DBSA’s approved senior debt funding of up to US$200 million co-funded alongside $553 million from the U.S. International Development Finance Corporation (DFC) with Trafigura, Mota-Engil and Vecturis as the project sponsors.
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