9 sources·Politics

President Biden's Historic Visit to Angola Launches Lobito Corridor Project

President Biden's first visit to Angola marks a pivotal step in boosting U.S.-Africa relations through the Lobito Corridor project and addressing China's influence.

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Updated: Dec 3rd, 2024, 10:09 AM ET

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During his unprecedented visit to Angola, President Biden announced a $3 billion investment in the Lobito Corridor project, aimed at enhancing U.S. trade and countering China's influence. Engaging with President João Lourenço, Biden highlighted improvements in U.S.-Angola relations since Lourenço's presidency began in 2017. The corridor will facilitate transportation of critical minerals essential for clean energy technologies. Additionally, Biden visited the National Slavery Museum to acknowledge historical ties and emphasized a collaborative future between the nations.

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