Afreximbank Funds Algeria’s Energy Davelopment Projects.
African Export-Import Bank (Afreximbank) has approved a US$200 million financing facility to support the Hassi Bir Rekaiz (HBR) Field Phase 2a energy project in Algeria, reinforcing its commitment to financing African-led infrastructure and expanding intra-African trade. Approved in June 2026, the facility will provide funding to Shoreline Power Company Limited, Arkad SpA and other co-borrowers,…
