Page 22 - LUA November - December 2023 for Magzter

NEWS

AfDB, AFC join Lobito Corridor, Zambia-Lobito Rail Line project

frica Finance Corporation (AFC) and the African
ADevelopment Bank joined with the United
States Government, the European Union, and the
governments of Angola, the Democratic Republic
of Congo and Zambia to sign a Memorandum of
Understanding (MoU) to develop the Lobito Corridor
connecting northwest Zambia to the Benguela rail
line in Angola and ultimately to the port of Lobito.
The U.S. State Department's Partnership for
Global Infrastructure and Investment (PGI) special
coordinator Helaina Matza stated, "This represents
the most significant transport infrastructure that the
U.S. has helped develop on the African continent
in a generation and will enhance regional trade
and growth as well as advance the shared vision of
connected, open-access rail from the Atlantic Ocean
to the Indian Ocean.”

DSV to operate from Agility
Africa must tackle Logistics Park – Maputo

road infra gap to unlock

cross-border trade: AfDB

frica’s significant road percent of passenger traffic, only 43
Ainfrastructure deficit creates percent of Africa’s main population
increased production and have access to an all-season road.
transaction costs that must be “Just 53 percent of roads
addressed to scale opportunities on the continent are paved, SV has chosen the Agility
envisaged under the Africa isolating people from access DLogistics Park in Mozambique as
Continental Free Trade Area, a to basic services, including the location where it will manage
new report has found. The report, healthcare, education, trade hubs storage and distribution for a global
called Cross-Border Road Corridors and economic opportunities,” beverage customer.
Expanding Market Access in according to the publication, The Agility park is the leading
Africa and Nurturing Continental released at a special session of the warehouse facility in Mozambique’s
Integration notes that while roads Africa Investment Forum 2023 capital, Maputo. DSV has leased 12,000
are the primary mode of transport, Market Days that took place in SQM at the facility with the possibility
carrying 80 percent of goods and 90 Marrakech, Morocco. to add an additional 2,000 SQM to help
its customer meet seasonal demand for
raw materials, bottles, packaging and
finished products.
Philipp Buechler, managing director,
DSV Mozambique, commented
“The Agility warehouses provide
the necessary infrastructure to meet
exacting international standards and
our operational requirements. Agility
Logistics Parks also ensures that strict
HSSE standards are followed within the
park, something that is very important
for optimal operations.”

20 LUA NOVEMBER - DECEMBER 2023