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AFC names preferred bidders for Zambia Lobito railway

AFC names preferred bidders for Zambia Lobito railway

Built World

Webuild-led consortium to build the Zambian section; Mota-Engil and Odebrecht to take the Angolan leg

Today: Preferred EPC bidders announced

Overview

Updated 1 hour ago

Africa Finance Corporation has picked the construction teams for the 830-kilometre Zambia Lobito Railway, a greenfield line that will carry copper and cobalt from Zambia's Copperbelt to Angola's Atlantic port of Lobito. Contract talks begin next month, with agreements targeted within 8 to 12 weeks.

The line is the U.S.-backed Lobito Corridor's centerpiece, built to speed critical minerals to Western markets and counter China's African rail footprint. If completed, it would cut rail shipping time from 17 days to 3 days and unlock billions in regional trade.

Why it matters

If built, this railway cuts copper and cobalt shipping time from central Africa to the Atlantic from 17 days to 3 days, shifting critical-mineral export routes.

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Key Indicators

830 km
Length of new greenfield railway
Roughly 550 km in Zambia and 279 km in Angola, from Chingola to Luacano.
1,739 km
Full Lobito Corridor length
From Kolwezi in the DRC to Lobito port, including the existing Benguela line.
17 → 3 days
Rail shipping time, Chingola to Lobito
Target travel time after completion, down from 17 days today.
1M tonnes
Cargo commitments under MoUs
Initial rail-usage agreements signed by AFC, half the minimum needed for viability.

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People Involved

Organizations Involved

Timeline

October 2023 October 2026

5 events Latest: Today
Tap a bar to jump to that date
  1. Preferred EPC bidders announced

    Today Tender

    AFC selects the Webuild-led consortium for the Zambian section and the Mota-Engil-Odebrecht group for the Angolan section.

  2. AFC targets Q4 2027 financial close

    Announcement

    Amadou Wadda says fundraising launches in Q3 2026 with financial close in Q4 2027 and completion in 2030.

  3. Intergovernmental agreements signed

    Agreement

    Zambia and Angola complete intergovernmental agreements; preliminary engineering designs are finished.

  4. Concession agreements signed

    Agreement

    AFC signs concession agreements with Zambia and Angola to build and operate the line under a 30-year concession.

  5. Lobito Corridor MoU signed

    Agreement

    Angola, Zambia, the EU, the US, Italy and the African Development Bank sign a memorandum of understanding to develop the corridor.

Scenarios

1

EPC contracts signed by spring 2027

Likely Resolves by Apr 30, 2027

Discussed by: Africa Finance Corporation, which set an 8-12 week negotiation target

Contract talks begin in November 2026. If technical, commercial and legal terms hold, both consortia sign engineering, procurement and construction agreements within about three months, moving the project toward financial close.

2

Financial close by end of 2027

Possible Resolves by Jan 31, 2028

Discussed by: Amadou Wadda, AFC senior director (stated Q4 2027 target)

AFC launches debt and equity fundraising in Q3 2026 and reaches financial close in Q4 2027, triggering immediate construction. The AFC expects to begin construction within six to eight months of the bidder announcement.

3

Completion slips past 2030

Possible Resolves by Q2 2031

Discussed by: Africa Finance Corporation, which stated a 2030 completion target

Contracting, fundraising or construction delays push revenue operations past 2030. Financial close has not yet been secured, and AFC has not disclosed contract costs, leaving room for schedule slippage.

Historical Context

2 moments from history that rhyme with this story — and how they unfolded.

1970-1975

TAZARA Railway (1970-1975)

China financed and built the 1,860 km Tanzania-Zambia Railway Authority line, linking Zambia's Copperbelt to the port of Dar es Salaam and ending Zambia's dependence on southern routes.

Then

The line opened in 1975 and carried copper exports for decades.

Now

Underinvestment led to decline; China has since backed its revival, creating a direct rival corridor to the Lobito line.

Why this matters now

The Lobito project is explicitly framed as a Western-backed alternative to China's African rail footprint, with US financial support.

1929-1975

Benguela Railway (opened 1929; halted 1975)

The original Benguela Railway connected the Copperbelt to Lobito port through Angola. Angola's civil war shut it down in the mid-1970s.

Then

The closure cut off Zambia's Atlantic outlet, forcing reliance on other routes.

Now

The line has been rehabilitated under a concession as the Lobito Atlantic Railway.

Why this matters now

The Zambia Lobito Railway extends that rehabilitated line, reviving the historic Atlantic route for Copperbelt minerals.

Sources

(7)