US-EU announce support for Angola-Zambia-DRC corridor as race for critical minerals heats up

News Snapshot:

The three African countries had in July committed to the Lobito Corridor, of deep significance in light of the global shift towards electric vehicles. While Angola lies on Africa’s western coast, Zambia is completely landlocked and DRC largely so. On the margins of the Partnership for Global Infrastructure and Investment (PGII) event at the G20 Summit in New Delhi, the US and the EU expressed support for the Lobito Corridor, which seeks to connect ports in Angola to Zambia and the Democratic Republic of Congo — home to major deposits of cobalt, lithium and copper. New Delhi: Largely ignored amid...