Lobito Platform Enters Next Operational Phase with CEO Appointment and Initial Feasibility Studies in Angola

The Lobito Corridor Impact Development Platform, a $1 billion development and investment platform founded by Haim Taib in partnership with Angola’s Sovereign Wealth Fund, is entering its next operational phase with the appointment of Mr.Mwiza Mseteka as CEO, the advancement of initial feasibility studies, and a milestone signing between the platform’s partners. The milestone follows the platform’s June 2025 announcement and the initial $100 million commitment by its founders, marking a new stage in its development from vision and commitment into structured execution. 

In this new phase, the platform is strengthening its governance and leadership structure while advancing initial feasibility studies in avocado, poultry and aquafarming. These early areas were selected as practical first opportunities to support food security, local production, regional value creation and future investment readiness.

Mwiza Mseteka, The appointed CEO, brings over 15 years of experience in special economic zones, public-private partnerships, and cross-border investment across Angola, Zambia and the Democratic Republic of Congo. He has a strong track record in mobilizing investment, and leading complex multi-stakeholder platforms.

The Lobito Platform was created to accelerate sustainable and inclusive development along one of Africa’s most strategic corridors, transforming regional priorities into investable projects supported by long-term capital, practical execution and strong local leadership. These signing come as international momentum around the Lobito Corridor continues to build, including the Angola–EU Lobito Corridor Business Forum 2026, taking place in Luanda this week.

Haim Taib, Founder of Taib Group, said today 'The Lobito Corridor represents one of the most important development opportunities in Africa today. This next phase of the Lobito Platform is about turning vision into practical execution, with the right leadership, governance and partnerships to create long-term value.'

Armando Manuel, Chairman of Angola’s Sovereign Wealth Fund, added: 'The Lobito Platform reflects Angola’s commitment to turning the Lobito Corridor into a driver of investment, productive capacity and long-term regional development, Mwiza leadership will be key in driving the platform’s transition into execution and building a pipeline of investable projects.'

Mwiza Mseteka, CEO of the Lobito Platform: 'I am honored to lead the Lobito Platform at this important stage. Our focus is to help translate the potential of the Lobito Corridor into practical projects that support regional development, from Angola to Zambia and the Democratic Republic of Congo. This is about building investment opportunities that strengthen local production, improve livelihoods and create long-term value for communities across the corridor.'

**Photo caption: Haim Taib, Founder of Taib Group, Dr. Armando of Angola’s Sovereign Wealth Fund, and MwizaMseteka , CEO of the LCID Platform, during the Angola–EU Lobito Corridor Business Forum 2026 in Luanda.