Africa Global Logistics (AGL) has officially launched the AGL Lobito Terminal in Angola, signifying a major stride in strengthening the Lobito corridor with a €100 million investment plan. This strategic move aims to connect the port with the existing Benguela railway and an upcoming line to Zambia, thereby significantly reducing transportation times for goods.
The AGL Lobito Terminal, staffed by 730 employees, is well-equipped with the necessary handling equipment, information systems, and facilities for both container and conventional operations. With a quay depth of 14 meters, the terminal can accommodate large vessels and has the capacity to manage over one million tonnes of bulk goods and more than 100,000 TEU containers annually.
AGL’s investment is intended to enhance the terminal’s functionality and contribute to the economic and social advancement of the region. The company envisions the Lobito port as a pivotal growth driver for Angola and the surrounding areas, offering comprehensive maritime, port, and logistics solutions.
Angola’s Transport Minister, Ricardo Viegas D’Abreu, expressed the government’s enthusiasm for this partnership, noting the significant potential for the Port of Lobito to improve regional socio-economic development. The integration with the Benguela railway network, which spans 1,300 km, and the planned extension to Zambia, is expected to greatly improve goods transportation efficiency.
Philippe Labonne, President of AGL, highlighted that the Lobito terminal aligns with the company’s strategy to enhance living standards and economic competitiveness through effective and diverse logistics solutions tailored to meet the challenges in Africa. He emphasised the importance of the Lobito corridor in providing market access and supporting vital industries, particularly in light of the global shift towards renewable energy sources.