Who Owns the Lobito Corridor?

A small elite clique from the Angolan government at the highest level have and working in close partnership with Trafigura via the China International Fund, have:
— using Chinese state loans, repaid with Angolan oil, rebuilt the Angolan railway system for their own private but secret gain as well;
— in close collaboration with international commodities trader Trafigura, helping them into a pre-eminent and dominant fuel trading position in the entire sub-region;
— effectively established a secret chokehold, by control over the ports and railways via private entities, over the Angolan economy and especially its iron mining and steel-making industry.
This group has big ambitions for neighbouring Katanga Province that could potentially destabilise the Democratic Republic of the Congo even further.

by John Grobler

Read this exclusive story in print in the Africa Report magazine