Zambian President Hakainde Hichilema said Wednesday that his country is interested in investing in Angola’s Lobito refinery, which is under construction in the central Benguela province.
Hichilema, during an official visit to Angola, said it makes no sense to import fuel from other parts of the world when there is a neighboring producer.
Angolan President Joao Lourenco said the construction work of the Lobito refinery will be concluded in 2026, stressing the importance of carrying out other projects to better serve the neighboring country in terms of fuel.
Lourenco added that the Lobito refinery construction work had been resumed, and other projects are due to be carried out, namely the construction of the Luacano/Jimbe railroad channel to transport fuel from the Lobito refinery to Zambia.
