Joe Biden announces $600 million for Lobito Corridor

U.S. President Joe Biden visited Angola's port of Lobito, the latest stop on a visit to the Central African country, where the United States is showcasing a major infrastructure project which seeks to countering China's investments on the continent.

Biden is expected to announce fresh investments worth $600 million for the Lobito Corridor, a massive infrastructure project aimed at transporting critical minerals from inland countries to the Angolan port for export.