The $1.7 billion U.S.-backed Lobito Corridor Project aims to revitalize a rail system from Angola to the Democratic Republic of Congo, securing vital mineral supply chains essential for EV batteries and other green tech. It’s a key move in the U.S.’s pushback against China’s Belt and Road initiatives in Africa, reflecting its growing foreign policy focus on the continent.
WSJ explores the railway megaproject and examines the high-stakes battle between the U.S. and China for economic influence in Africa.
Chapters:
0:00 Economic influence in Africa
0:41 Lobito Corridor Project
2:47 China’s Belt and Road Initiative
4:07 U.S. engagement
5:24 What this means for Africa’s future
Breaking Ground digs into megaprojects around the world, uncovering what these developments might mean for the surrounding region and the ultimate costs.
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