Biden's Visit Sparks Angolan Optimism for Lobito Corridor

The Facts -

• Biden's visit to Angola highlighted the Lobito Corridor's trade potential.
• Angolans express hope and skepticism about economic development benefits.
• The corridor aims to boost trade, jobs, and exports amid economic struggles.

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Joe Biden's Visit Highlights Angola's Lobito Corridor Potential

U.S. President Joe Biden's visit to Angola underscored the significance of the Lobito Corridor, a 1,300-kilometer railway project poised to boost trade and connect markets, as part of the Partnership for Global Infrastructure and Investment.

This high-profile visit sparked optimism but also skepticism among Angolans, who continue to face daily economic hardships. Luanda residents shared their hopes for economic benefits stemming from this investment.

Albertina Manuel, a street vendor, voiced her concerns: "We are struggling with rising living costs, especially in education," she explained. Read more insights on Angola.

Sacamauro Eduardo, a university student, emphasized the need for a robust U.S.-Africa relationship that prioritizes poverty alleviation and education investment. "We want tangible benefits for Angola," he insisted.

Market seller Amelia Joao hopes the investment will reduce food prices. "Lower our prices and help us produce locally," she urged.

Resident Solia Selende called for deeper U.S. involvement, urging leaders to see the realities of urban poverty. "If they explore the slums, they'll witness real hardship," he noted.

The Strategic Lobito Corridor

The Lobito Corridor, stretching from Lobito's Atlantic port through Angola to the DRC, aims to enhance regional trade, especially in exporting minerals like copper and cobalt to global markets.

With a $5 billion investment from U.S. and European partners, this neglected colonial-era rail line is being revitalized. Anthony Carroll from the United States Institute of Peace highlighted its geopolitical impact.

"The Lobito Corridor will expedite mineral access for U.S. and European markets, challenging China's dominance," he remarked. However, challenges include fluctuating mineral demand and rival infrastructure projects, such as the Chinese-backed TAZARA Railway.

Angolan Foreign Minister Tete Antonio argued for synergy between Lobito and TAZARA, saying, "Linking the Indian Ocean to the Atlantic fosters collaboration, not rivalry."

Beyond minerals, the corridor holds promise for improving Angola's agriculture, logistics, and manufacturing sectors.

Economic Integration and Opportunities

Central to the Biden administration's African infrastructure focus, the Lobito Corridor aligns with the G7 initiative to counter China's Belt and Road.

Frances Brown, White House director for African affairs, affirmed U.S. commitment to ensuring the corridor benefits the community, focusing on job creation and sustainable economic growth.

Through the African Growth and Opportunity Act (AGOA), Angola could boost exports to the U.S. Anderson Jeronimo of Angola's Agriculture Ministry said, "AGOA enables us to export more coffee and fruit to the U.S. with better understanding and support."

Angola's Economic Struggles and Aspirations

Despite the corridor's promise, Angolans face challenges like rising food prices and inadequate healthcare. The economy struggles with oil price volatility and a $17 billion debt to China.

Luanda resident Rosalina Cativa views the corridor as a potential economic lifeline. "Our country needs a fresh start. We need significant changes in food and education," she expressed.

For more details, visit the Voice of America.

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