The US and other G7 countries step up their investment in the latest instance of superpower rivalry on the African continent.
Lobito Corridor
Railway link essential in providing route from mines in Democratic Republic of Congo to port in Angola and onwards to international markets.
Bilateral trade already valued at more than US$23 billion; Chinese firms mull rail, port, metro and other infrastructure projects in African republic.
China’s CITIC and CR20 vie with Portugal’s Mota-Engil and DP World of Dubai for chance to run key tri-nation rail export link for next 30 years.
