{"id":40420,"date":"2026-08-10T16:13:00","date_gmt":"2026-08-10T12:13:00","guid":{"rendered":"https:\/\/gbc1.net\/?p=40420"},"modified":"2026-09-13T22:18:07","modified_gmt":"2026-09-13T18:18:07","slug":"angola-authorizes-1b-loan-for-saurimo-luena-rail-extension-to-diamond-hub","status":"publish","type":"post","link":"https:\/\/gbc1.net\/index.php\/2026\/08\/10\/angola-authorizes-1b-loan-for-saurimo-luena-rail-extension-to-diamond-hub\/","title":{"rendered":"Angola Authorizes $1B Loan for Saurimo-Luena Rail Extension to Diamond Hub"},"content":{"rendered":"\n<p>On 5 August, Angola&#8217;s President Koao Lourenco officially authorized the loan for the Luena &#8211; Saurimo segment of the Benguela Ralway. The financing was arranged by Hong Kong and Shanghai Banking Corporation (HSBC) for an amount of over EUR one billion. <\/p>\n\n\n\n<p>Poland&#8217;s KUKE is putting up EUR 290 million, UKEF is adding EUR 250 million, and the Netherlands&#8217; ATRADIUS is coming up with EUR 125 million. Another separate HSBC-led consortium is putting down EUR 142 million as the initial instalment.<\/p>\n\n\n\n<p>It is to be recalled that the official groundbreaking ceremony for the project took place in January 2026. The Project is expected to take 5 years to complete and will be operational by early 2031.<\/p>\n\n\n\n<p>Brazil&#8217;s Odebrecht Engenharia e Construcao (OEC) and its portuguese Portugal&#8217;s Bento Pedroso Construcoes (BPC) are responsible for designing and building the railway. The Luena to Saurimo line runs a distance of 260 kilometers. <\/p>\n\n\n\n<p>The railway line will link the diamond mining hub of Saurimo in the Lunda Sul Province to the Benguela Railway, which is itself part of the longer <a href=\"https:\/\/gbc1.net\/index.php\/tag\/lobitocorridor\/\">#LobitoCorridor<\/a>. Thus, Saurimo will have a rail link to the seaport of Lobito.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On 5 August, Angola&#8217;s President Koao Lourenco officially authorized the loan for the Luena &#8211; Saurimo segment of the Benguela<\/p>\n","protected":false},"author":1,"featured_media":40421,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_mi_skip_tracking":false,"_EventAllDay":false,"_EventTimezone":"","_EventStartDate":"","_EventEndDate":"","_EventStartDateUTC":"","_EventEndDateUTC":"","_EventShowMap":false,"_EventShowMapLink":false,"_EventURL":"","_EventCost":"","_EventCostDescription":"","_EventCurrencySymbol":"","_EventCurrencyCode":"","_EventCurrencyPosition":"","_EventDateTimeSeparator":"","_EventTimeRangeSeparator":"","_EventOrganizerID":[],"_EventVenueID":0,"_OrganizerEmail":"","_OrganizerPhone":"","_OrganizerWebsite":"","_VenueAddress":"","_VenueCity":"","_VenueCountry":"","_VenueProvince":"","_VenueZip":"","_VenuePhone":"","_VenueURL":"","_VenueStateProvince":"","_VenueLat":"","_VenueLng":""},"categories":[8],"tags":[369],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Angola Authorizes $1B Loan for Saurimo-Luena Rail Extension to Diamond Hub<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gbc1.net\/index.php\/2026\/08\/10\/angola-authorizes-1b-loan-for-saurimo-luena-rail-extension-to-diamond-hub\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Angola Authorizes $1B Loan for Saurimo-Luena Rail Extension to Diamond Hub\" \/>\n<meta property=\"og:description\" content=\"On 5 August, Angola&#8217;s President Koao Lourenco officially authorized the loan for the Luena &#8211; Saurimo segment of the Benguela\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gbc1.net\/index.php\/2026\/08\/10\/angola-authorizes-1b-loan-for-saurimo-luena-rail-extension-to-diamond-hub\/\" \/>\n<meta property=\"og:site_name\" content=\"Global Business Council (GBC)\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-10T12:13:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-09-13T18:18:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gbc1.net\/wp-content\/uploads\/2026\/09\/Saurimo-01w-jpg.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"gbc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"gbc\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/gbc1.net\/index.php\/2026\/08\/10\/angola-authorizes-1b-loan-for-saurimo-luena-rail-extension-to-diamond-hub\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/gbc1.net\/index.php\/2026\/08\/10\/angola-authorizes-1b-loan-for-saurimo-luena-rail-extension-to-diamond-hub\/\"},\"author\":{\"name\":\"gbc\",\"@id\":\"https:\/\/gbc1.net\/#\/schema\/person\/cab6d6e84e5294af65e6aa76c5752fad\"},\"headline\":\"Angola Authorizes $1B Loan for Saurimo-Luena Rail Extension to Diamond Hub\",\"datePublished\":\"2026-08-10T12:13:00+00:00\",\"dateModified\":\"2026-09-13T18:18:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/gbc1.net\/index.php\/2026\/08\/10\/angola-authorizes-1b-loan-for-saurimo-luena-rail-extension-to-diamond-hub\/\"},\"wordCount\":190,\"publisher\":{\"@id\":\"https:\/\/gbc1.net\/#organization\"},\"keywords\":[\"LobitoCorridor\"],\"articleSection\":[\"Infrastructure\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/gbc1.net\/index.php\/2026\/08\/10\/angola-authorizes-1b-loan-for-saurimo-luena-rail-extension-to-diamond-hub\/\",\"url\":\"https:\/\/gbc1.net\/index.php\/2026\/08\/10\/angola-authorizes-1b-loan-for-saurimo-luena-rail-extension-to-diamond-hub\/\",\"name\":\"Angola Authorizes $1B Loan for Saurimo-Luena Rail Extension to Diamond Hub\",\"isPartOf\":{\"@id\":\"https:\/\/gbc1.net\/#website\"},\"datePublished\":\"2026-08-10T12:13:00+00:00\",\"dateModified\":\"2026-09-13T18:18:07+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/gbc1.net\/index.php\/2026\/08\/10\/angola-authorizes-1b-loan-for-saurimo-luena-rail-extension-to-diamond-hub\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/gbc1.net\/index.php\/2026\/08\/10\/angola-authorizes-1b-loan-for-saurimo-luena-rail-extension-to-diamond-hub\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/gbc1.net\/index.php\/2026\/08\/10\/angola-authorizes-1b-loan-for-saurimo-luena-rail-extension-to-diamond-hub\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/gbc1.net\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Angola Authorizes $1B Loan for Saurimo-Luena Rail Extension to Diamond Hub\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/gbc1.net\/#website\",\"url\":\"https:\/\/gbc1.net\/\",\"name\":\"Global Business Council (GBC)\",\"description\":\"Connecting ... Dots\",\"publisher\":{\"@id\":\"https:\/\/gbc1.net\/#organization\"},\"alternateName\":\"GBC\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/gbc1.net\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/gbc1.net\/#organization\",\"name\":\"Global Business Council (GBC)\",\"alternateName\":\"GBC\",\"url\":\"https:\/\/gbc1.net\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/gbc1.net\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/gbc1.net\/wp-content\/uploads\/2023\/07\/GBC.png\",\"contentUrl\":\"https:\/\/gbc1.net\/wp-content\/uploads\/2023\/07\/GBC.png\",\"width\":1200,\"height\":200,\"caption\":\"Global Business Council (GBC)\"},\"image\":{\"@id\":\"https:\/\/gbc1.net\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.linkedin.com\/company\/globiznet\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/gbc1.net\/#\/schema\/person\/cab6d6e84e5294af65e6aa76c5752fad\",\"name\":\"gbc\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/gbc1.net\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/gbc1.net\/wp-content\/litespeed\/avatar\/0a863ecffe95f8cff879fcded3b890df.jpg?ver=1788874953\",\"contentUrl\":\"https:\/\/gbc1.net\/wp-content\/litespeed\/avatar\/0a863ecffe95f8cff879fcded3b890df.jpg?ver=1788874953\",\"caption\":\"gbc\"},\"sameAs\":[\"https:\/\/gbc1.net\"],\"url\":\"https:\/\/gbc1.net\/index.php\/author\/gbc\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Angola Authorizes $1B Loan for Saurimo-Luena Rail Extension to Diamond Hub","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/gbc1.net\/index.php\/2026\/08\/10\/angola-authorizes-1b-loan-for-saurimo-luena-rail-extension-to-diamond-hub\/","og_locale":"en_US","og_type":"article","og_title":"Angola Authorizes $1B Loan for Saurimo-Luena Rail Extension to Diamond Hub","og_description":"On 5 August, Angola&#8217;s President Koao Lourenco officially authorized the loan for the Luena &#8211; Saurimo segment of the Benguela","og_url":"https:\/\/gbc1.net\/index.php\/2026\/08\/10\/angola-authorizes-1b-loan-for-saurimo-luena-rail-extension-to-diamond-hub\/","og_site_name":"Global Business Council (GBC)","article_published_time":"2026-08-10T12:13:00+00:00","article_modified_time":"2026-09-13T18:18:07+00:00","og_image":[{"width":600,"height":400,"url":"https:\/\/gbc1.net\/wp-content\/uploads\/2026\/09\/Saurimo-01w-jpg.webp","type":"image\/jpeg"}],"author":"gbc","twitter_card":"summary_large_image","twitter_misc":{"Written by":"gbc","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/gbc1.net\/index.php\/2026\/08\/10\/angola-authorizes-1b-loan-for-saurimo-luena-rail-extension-to-diamond-hub\/#article","isPartOf":{"@id":"https:\/\/gbc1.net\/index.php\/2026\/08\/10\/angola-authorizes-1b-loan-for-saurimo-luena-rail-extension-to-diamond-hub\/"},"author":{"name":"gbc","@id":"https:\/\/gbc1.net\/#\/schema\/person\/cab6d6e84e5294af65e6aa76c5752fad"},"headline":"Angola Authorizes $1B Loan for Saurimo-Luena Rail Extension to Diamond Hub","datePublished":"2026-08-10T12:13:00+00:00","dateModified":"2026-09-13T18:18:07+00:00","mainEntityOfPage":{"@id":"https:\/\/gbc1.net\/index.php\/2026\/08\/10\/angola-authorizes-1b-loan-for-saurimo-luena-rail-extension-to-diamond-hub\/"},"wordCount":190,"publisher":{"@id":"https:\/\/gbc1.net\/#organization"},"keywords":["LobitoCorridor"],"articleSection":["Infrastructure"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/gbc1.net\/index.php\/2026\/08\/10\/angola-authorizes-1b-loan-for-saurimo-luena-rail-extension-to-diamond-hub\/","url":"https:\/\/gbc1.net\/index.php\/2026\/08\/10\/angola-authorizes-1b-loan-for-saurimo-luena-rail-extension-to-diamond-hub\/","name":"Angola Authorizes $1B Loan for Saurimo-Luena Rail Extension to Diamond Hub","isPartOf":{"@id":"https:\/\/gbc1.net\/#website"},"datePublished":"2026-08-10T12:13:00+00:00","dateModified":"2026-09-13T18:18:07+00:00","breadcrumb":{"@id":"https:\/\/gbc1.net\/index.php\/2026\/08\/10\/angola-authorizes-1b-loan-for-saurimo-luena-rail-extension-to-diamond-hub\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/gbc1.net\/index.php\/2026\/08\/10\/angola-authorizes-1b-loan-for-saurimo-luena-rail-extension-to-diamond-hub\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/gbc1.net\/index.php\/2026\/08\/10\/angola-authorizes-1b-loan-for-saurimo-luena-rail-extension-to-diamond-hub\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/gbc1.net\/"},{"@type":"ListItem","position":2,"name":"Angola Authorizes $1B Loan for Saurimo-Luena Rail Extension to Diamond Hub"}]},{"@type":"WebSite","@id":"https:\/\/gbc1.net\/#website","url":"https:\/\/gbc1.net\/","name":"Global Business Council (GBC)","description":"Connecting ... Dots","publisher":{"@id":"https:\/\/gbc1.net\/#organization"},"alternateName":"GBC","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/gbc1.net\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/gbc1.net\/#organization","name":"Global Business Council (GBC)","alternateName":"GBC","url":"https:\/\/gbc1.net\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/gbc1.net\/#\/schema\/logo\/image\/","url":"https:\/\/gbc1.net\/wp-content\/uploads\/2023\/07\/GBC.png","contentUrl":"https:\/\/gbc1.net\/wp-content\/uploads\/2023\/07\/GBC.png","width":1200,"height":200,"caption":"Global Business Council (GBC)"},"image":{"@id":"https:\/\/gbc1.net\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.linkedin.com\/company\/globiznet\/"]},{"@type":"Person","@id":"https:\/\/gbc1.net\/#\/schema\/person\/cab6d6e84e5294af65e6aa76c5752fad","name":"gbc","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/gbc1.net\/#\/schema\/person\/image\/","url":"https:\/\/gbc1.net\/wp-content\/litespeed\/avatar\/0a863ecffe95f8cff879fcded3b890df.jpg?ver=1788874953","contentUrl":"https:\/\/gbc1.net\/wp-content\/litespeed\/avatar\/0a863ecffe95f8cff879fcded3b890df.jpg?ver=1788874953","caption":"gbc"},"sameAs":["https:\/\/gbc1.net"],"url":"https:\/\/gbc1.net\/index.php\/author\/gbc\/"}]}},"_links":{"self":[{"href":"https:\/\/gbc1.net\/index.php\/wp-json\/wp\/v2\/posts\/40420"}],"collection":[{"href":"https:\/\/gbc1.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gbc1.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gbc1.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gbc1.net\/index.php\/wp-json\/wp\/v2\/comments?post=40420"}],"version-history":[{"count":8,"href":"https:\/\/gbc1.net\/index.php\/wp-json\/wp\/v2\/posts\/40420\/revisions"}],"predecessor-version":[{"id":40452,"href":"https:\/\/gbc1.net\/index.php\/wp-json\/wp\/v2\/posts\/40420\/revisions\/40452"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gbc1.net\/index.php\/wp-json\/wp\/v2\/media\/40421"}],"wp:attachment":[{"href":"https:\/\/gbc1.net\/index.php\/wp-json\/wp\/v2\/media?parent=40420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gbc1.net\/index.php\/wp-json\/wp\/v2\/categories?post=40420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gbc1.net\/index.php\/wp-json\/wp\/v2\/tags?post=40420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}