3/5 🔍 Speculation and supply stress are driving copper prices up. Investment in new mines is lacking, and demand for emerging technologies is growing. #CopperDemand#MarketSpeculation
2/5 💹 Copper prices hit ~$10,000/ton due to economic recovery and supply deficits. Goldman Sachs predicts prices could rise to $12,000/ton by year-end. #CopperPrices#MarketTrends
5.🌾 Agriculture in Angola will see a boost, with better roads facilitating the production and distribution of essential cereals and promoting local food supply chains. A transformative step for Angola's economic future! #AgriculturalDevelopment#FoodSecurity#Angola
4. 🇦🇴 The road upgrades will concentrate around the Lobito Corridor, improving connections to Zambia and the DRC. This marks a significant commitment from the U.S. to support ongoing investment in the region. #USAfricaPartnership#InfrastructureDevelopment
Lobito Corridor's #BengulaRailway is in good company next to the Mauritanian Iron Ore Train (AKA the Train du Desert).
🚂 Began in 1963
🚂 704 km of railway
🚂 One of the longest trains in the world at 3 km
🚂 With a capacity of 84 tons it's one of the strongest in the world!
Partnership for Global Infrastructure and Investment (PGI) Celebrates Signing of Finance Agreements for Republic of Angola Projects
🇺🇸 🇦🇴
#USAAngola#LobitoCorridor
Five takeaways 🧵
5. 📻🇦🇴 The Angola FM Radio Signal Expansion and Studio Modernization Project, costing $40 million, aims to enhance FM radio coverage to 95% of Angola, involving the installation of 168 transmitters and modernizing studios, in collaboration with GatesAir and Deutsche Bank.
10. 🎯 Le Corridor de Lobito ne concerne pas seulement le transport; il est destiné à améliorer les économies locales en créant des emplois, en stimulant les PME et en développant les capacités locales en Angola, en Zambie et en RDC. #ImpactLocal#AutonomisationÉconomique
Voici 10 faits sur le corridor de Lobito 🧵🇨🇩🇫🇷
1. 🌍 Le Corridor de Lobito est un projet transformateur d'infrastructure reliant l'Angola, la RDC et la Zambie, visant à stimuler le commerce régional et l'intégration économique. #CorridorDeLobito#DéveloppementAfricain
9. 🌱 Le Corridor de Lobito est perçu comme une alternative durable à l'Initiative Ceinture et Route de la Chine en Afrique, offrant un nouveau chemin pour le transport des minéraux vers l'Atlantique, réduisant la dépendance aux routes traditionnelles vers l'est.