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Biden to announce millions in African Lobito corridor funding, official says
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Biden to announce millions in African Lobito corridor funding, official says
Dec 3, 2024 1:41 PM

LUANDA, Angola, Dec 3 (Reuters) - U.S. President Joe

Biden is expected to announce on Wednesday an additional $600

million in financing for projects along the Lobito rail corridor

during his trip to Angola, according to a senior administration

official.

The funding for solar, critical minerals and

telecommunications projects along the corridor comes during

Biden's first visit as president to Sub-Saharan Africa and the

first by any U.S. president to Angola.

(Reporting by Trevor Hunnicutt; Editing by Costas Pitas)

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