Biden pledges $600 million for African rail project during Angola visit

President Joe Biden announced an additional $600 million for a major rail project in Africa during his visit to Angola. This funding brings the total U.S. investment in the Lobito Corridor to $4 billion, aimed at improving transport for minerals from Congo and Zambia. The Lobito Corridor will refurbish nearly 2,000 kilometers of train lines, significantly reducing cargo transport time from 45 days to about 45 hours. The project is expected to enhance economic opportunities and create jobs in the region. Biden's visit marks his first trip to sub-Saharan Africa as president. The U.S. aims to strengthen ties with African nations and counter China's influence in the region through this investment.