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Thursday, July 23, 2026 3:13 GMT
The African Export-Import Bank has approved a US$200 million financing facility for Shoreline Power Company Limited to support its participation in the US$980 million HassiBirRekaiz field development project in Algeria. The deal, which includes contract finance and a global revolving facility, will enable the Nigerian engineering group to execute a major oil and gas infrastructure project, boost production, create jobs, and promote intra-African trade. This financing, approved in June 2026,...More