The government of Algeria has approved the construction of a new deep-water port at El Hamdania to be financed with loans from Chinese banks and the African Development Bank (AfDB).
Infrastructure/PPP news in Algeria
The government of Algeria has announced that it will develop new projects under a public-private partnership (PPP) scheme.
The World Bank Group and Ithmar Capital, a Moroccan Sovereign Investment Fund, have entered into a memorandum of understanding relating to the establishment of a Green Growth Infrastructure Facility for Africa (GGIF Africa), the first pan-African fund dedicated to green investment in the continent.
Abengoa Yield plc, the vehicle that owns a diversified portfolio of contracted assets in the energy and environment sectors, has recently announced that it has entered into a definitive agreement with Abengoa, S.A. to dropdown a second set of assets for a total amount of approximately $142 million of equity value.
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