On the 11th of December 2023, Lobito Port Authority and Africa Global Logistics signed the contract for the 20-year concession of the Multipurpose Terminal of the Port of Lobito. Eaglestone is pleased to have acted as financial adviser to the Lobito Port Authority in this transaction.
“The signing of the concession contract for the Multipurpose Terminal of the Port of Lobito marks another relevant milestone in attracting experienced international players for the management and improvement of Angola's logistics infrastructure, creating the path for economic growth and trade enhancement within Angola and in the region. We were very pleased to have worked together with Angola’s Ministry of Transport and the Lobito Port Authority in the successful award of this concession. We congratulate the Ministry of Transport, the Lobito Port Authority and Africa Global Logistics for this achievement.” – Pedro Ferreira Neto, CEO & Founding Partner, Eaglestone