President Biden emphasized that Africa is the future, referring to the $600 million investment in the Lobito Corridor project to enhance the rail infrastructure.
Biden highlighted how the Lobito Corridor railway could cut cargo transportation time from 45 days to less than 45 hours, showcasing its potential impact.
With a total investment of $4 billion, Biden stated that the Lobito Corridor is the largest U.S. train project investment outside the country.
Congo's President Felix Tshisekedi noted the Lobito Corridor project could create tens of millions of jobs, fundamentally changing the region's economic prospects.
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