Biden Unveils $600 Million in New Financing for African Railway
President Joe Biden is rounding off his trip to Angola by announcing $600 million in new financing for a multi-country railway as the US looks to bolster its investment in critical minerals infrastructure in Africa and curb Chinese influence.
In Global Finale, Biden Hopes Rail Project Defines Africa Legacy
In his last announced trip abroad as president, Mr. Biden relished touring a U.S.-financed train line in Angola intended to transport goods and critical minerals to port.
Biden Bids To Counter China in Africa with Strategic Railway Project
The $2.5 billion U.S.-backed Lobito train network aims to better connect the continent's mining centers with the West.
Biden in Africa pledges millions for a rail project the U.S. hopes will boost its influence there
President Biden on his visit to sub-Saharan Africa has pledged another $600 million for a cross-continent rail corridor project.
Biden meets African leaders in Angola to advance Lobito railway project
U.S. President Joe Biden met African leaders in the Angolan port of Lobito on Wednesday to advance a plan to extend a railway that could channel critical minerals from Congo and Zambia to the West via Lobito,
'Amtrak Joe' Biden Highlights Key US-Backed African Rail Project
Southern Africa's Lobito Corridor has received $600 million in investment to compete for mineral trade with China.
Biden uses his visit to Angola to promote a major African rail project
Biden is using his third and final day in Angola to showcase the Lobito Corridor railway, where the US and key allies are investing heavily to refurbish 800 miles of train lines in Zambia, Congo, and Angola.
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Biden wraps up Angola trip with drought aid and mega railway drive
US President Joe Biden announced more than $1 billion in funding for drought-stricken African nations as he ended his ...
‘Railway was the first sector where sanctions were imposed… None of our projects stopped even for a week’: Russia’s TMH CEO Kirill Lipa
TMH CEO Kirill Lipa said the plan was to start Vande Bharat production this year, but it will take several months due to the ...
China's railway system handles over 4 billion passenger trips in the first 11 months of 2024, setting a new record
China's railway sector achieved a new record, handling 4.01 billion passenger trips during the first 11 months of 2024, significantly higher than the 3.86 billion handled for the whole year of 2023, ...
Vietnam approves $67 billion high-speed railway project between Hanoi and Ho Chi Minh city
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Groups pan planned railway in the Uinta Basin
The proposed railway by the Seven County Infrastructure Coalition is being sought as a way to connect eastern Utah to the ...