Home U.S. REAFFIRMS SUPPORT FOR LOBITO RAILWAY CORRIDOR

U.S. REAFFIRMS SUPPORT FOR LOBITO RAILWAY CORRIDOR

Zambian Minister of Finance and National Planning, Situmbeko Musokotwane (L-R) answers questions from the media April 25, 2009 during the IMF/World Bank Spring Meetings as Tanzanian Minister of Finance Mustafa Mkulo, (2nd L), Minister of Economy & Finance Charles Koffi Diby (2nd R) for the Ivory Coast and Ismaila Dieng (R) from the IMF External Relations listen at the IMF Headquarters in Washington, DC. IMF Photo by Robert Giroux

byThe Editor Zambia

April 25, 2025

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Zambia’s Finance and National Planning Minister, Dr. Situmbeko Musokotwane, has announced that the Trump administration has reaffirmed U.S. support for the Lobito Railway Corridor—an infrastructure initiative originally launched under President Biden in 2019.

Speaking to the press on the sidelines of the 2025 Spring Meetings of the International Monetary Fund and World Bank Group in Washington D.C., Dr. Musokotwane has welcomed the continued U.S. commitment to the project.

The minister says the support underscores the original vision of establishing a regional infrastructure initiative with strong U.S. backing and tangible benefits for Africa.

Meanwhile, during the G20 Global Sovereign Debt Roundtable held in Washington, Dr. Musokotwane has highlighted the significant difficulties the country has faced in engaging with non-bondholder commercial creditors.