💨 Abstract

The United States remains committed to funding the Lobito rail corridor, a project to transport critical minerals from the central African copperbelt to the West, despite President Trump's spending cuts. The U.S. has pledged a $550 million loan through its International Development Finance Corporation to support Lobito, which is considered essential to counter Chinese control over copper and cobalt supplies.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖