News
22 July 2026

Afreximbank approves $200m Algeria oilfield facility

Afreximbank has approved a $200 million facility for Shoreline Power Company and Arkad's role in the Hassi Bir Rekaiz Phase 2a project in Algeria. The financing will support Arkad's 44% share of a $980 million engineering, procurement and construction contract awarded by Groupement Hassi Bir...

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