EU Backs Zambia’s Lobito Corridor

Published: 12 Nov, 2025 17:45 Sources: S1 S2 Linked URLs: A1 Category: Business Language: English Country: Zambia

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The EU-Zambia Lobito Corridor Business Forum opened in Chongwe with both sides reaffirming their partnership to boost regional trade and investment. EU delegates from Sweden, Finland, and the Czech Republic pledged support for projects in mining, energy, and agriculture, while Zambia highlighted opportunities in electric vehicle production. President Hakainde Hichilema called the corridor a “corridor of opportunities” for job creation, industrialization, and stronger EU-Africa trade ties.