CDP Provides $300M for Lobito Corridor Development

On 20 June 2025, Italian DFI Cassa Deposito e Prestiti (CDP) announced that it has approved a USD 300 million loan to Africa Finance Corporation (AFC). The loan is over a 10-year term and is guaranteed up to 80% by SACE.

The financing is destined for #EnergyTransition and Strategic Infrastructure projects with a special focus along the #LobitoCorridor. In particular, the financing will contribute to secure access to #CriticalMinerals in DR Congo and Zambia.

“We are proud to contribute to the involvement of Italian companies in the transport and logistics sector to realize a significant strategic project like the Lobito Rail Corridor whch is aligned to the Mattei Plan.”

SACE CEO Alessandra Ricci

The financing builds upon Italy’s #MatteiPlan and the EU’s Global Gateway Initiative (#GGI). CDP CEO Dario Scannapieco underlined his firm’s role as a strategic partber in supportig infrastructure projects with a high social and economic impact in Africa.