Afreximbank funds $200m Algeria EPC project

The African Export-Import Bank (Afreximbank) has approved a $200 million facility to support the Shoreline Engineering, Procurement and Construction (EPC) project in Algeria, according to World Oil. The financing, announced on 21 July 2026, targets a project that will strengthen Algeria’s export-oriented infrastructure while creating opportunities for local small and medium-sized enterprises (SMEs). The facility … Read more

Algeria accelerates digital, industrial and infrastructure push

Algeria advanced this week on three fronts: digital transformation, industrial localisation, and infrastructure expansion. The government approved a national AI strategy update and launched a digital services portal. Opel confirmed plans for local vehicle and engine production. Germany signed hydrogen cooperation agreements. Six new energy sector services were integrated into the national digital portal. 385 … Read more