EU Courts Africa in Early Push to Counter Chinese Spending
- US to help build strategic corridor in Angola, Congo, Zambia
- Allies are competing with China to access critical minerals
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The European Union and the US will launch the groundwork for a strategic corridor to connect resource-rich Democratic Republic of Congo and Zambia with the Atlantic Ocean via Angola as both allies compete with China to access critical minerals.
The EU’s executive arm and US officials will sign a memorandum of understanding to develop a corridor connecting southern Democratic Republic of the Congo and northwestern Zambia to global markets via the Port of Lobito in Angola, people familiar with the matter said. The EU and the US said last month that a first step would include feasibility studies for a new railway expansion between Zambia and Angola.