CITIC announces USD 1.8 billion co-financing for the Bélinga–Mayumba railway

Corporate announcement — 28 August 2025

The corporate release for the proposed Bélinga–Mayumba railway in Gabon outlines USD 1.8 billion in co-financing from CITIC Holding IF Group LLC to support a consortium led by Thelo Group and EGAAD.

The planned railway extends approximately 972 kilometres between the Bélinga mining region and a future deep-water port at Mayumba. The release places the overall project investment above USD 10 billion and describes advanced negotiations with the Government of Gabon at the time of the announcement.

Avocom was appointed to coordinate legal work relating to the financial and contractual structure. The coverage below follows the announcement and its significance for regional transport and logistics.

Read the original press release (PDF)

Press coverage

• BeBeez International — 1 September 2025
• Conjonctures — 4 September 2025
• Plusinfos — 5 September 2025
• Gabon Media Time — 8 September 2025
• Le Corporate — 8 September 2025
• Direct Infos Gabon — related coverage