AGL Wins International Tender for Container and Multipurpose Terminals at the Port of Lobito
The Angolan authorities have just announced that AGL (Africa Global Logistics) was the successful bidder for the Lobito container and conventional terminals, following an international call for tenders launched in January 2023. Angola thus relies on the experience and expertise of AGL, the leading operator of port concessions in Africa, which offers guarantees of strategic, financial, and technical soundness.
With the support of the world’s leading shipowner, MSC, AGL’s industrial project will improve the connectivity of the Lobito port platform. It will boost trade in the region and support industrialization efforts. The Port of Lobito will thus be involved in the development of agricultural projects, construction sites and tertiary service companies.
As Angola’s second-largest port, the Port of Lobito aims to improve the living environment of 35 million Angolans and of the populations of neighboring countries. The Port of Lobito is ideally positioned to play a strategic role in the global energy transition, being the first Atlantic gateway to the Copperbelt region. This port infrastructure will contribute to the transport of strategic minerals (copper, cobalt) to international markets.
To this end, the Port of Lobito will benefit from its connection to the existing 1,300 km Benguela railway network, and to the future railway line to Zambia. Thanks to the actions taken to improve the productivity of this platform, it will substantially reduce the time it takes to transport goods to Europe and the Americas.
“WE WOULD LIKE TO THANK THE ANGOLAN AUTHORITIES FOR PLACING THEIR TRUST IN AFRICA GLOBAL LOGISTICS’ PROJECT FOR THE PORT OF LOBITO. THE AUTHORITIES’ DECISION VALIDATES AGL’S STRATEGY AT THE SERVICE OF AFRICA’S TRANSFORMATIONS, AS WELL AS OUR WILLINGNESS TO ADDRESS THE CONTINENT’S CHALLENGES ALONGSIDE OUR STAKEHOLDERS. THIS AMBITION IS THE PRIMARY MOTIVATION OF OUR TEAMS, WHOM I CONGRATULATE ON THIS 22ND PORT CONCESSION» said Philippe Labonne, President of Africa Global Logistics
Through a €100 million investment plan, AGL is committed to increasing the attractiveness of the terminal and contributing to the economic and social development of the region. Thanks to its maritime, port and logistics solutions, AGL will enable the Lobito port platform to play its role as a growth accelerator for Angola and the sub-region
As part of this new concession, which will be effective in the 1st quarter of 2024, AGL will take over the staff of the Empresa Portuária do Lobito EP port authority. The company will implement an extensive plan to develop the skills of the staff as well as the ecosystem of local subcontractors, to enable the Port of Lobito to offer services compliant with international standards.
