Investment & FDI

Foreign direct investment, capital flows, and investment climate

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Investment & FDI
With an initial capital of 5 billion dollars.. the African Energy Bank is nearing launch

With an initial capital of 5 billion dollars.. the African Energy Bank is nearing launch

The African Petroleum Producers Organization confirmed that preparations for the launch of the African Energy Bank are progressing well, noting that the new financial institution, launched in partnership with the African Export-Import Bank, aims to support investments in the hydrocarbons sector on the African continent, amid a decline in funding from Western institutions for oil and gas projects. The organization's statement indicated that the progress of the project was the focus of a meeting held on Monday in Cairo between a delegation from the organization led by its Secretary-General, Farid Ghazali, and the President of Afreximbank, George Elumelu.

May 13, 2026echoroukonline.com
Energy & Hydrocarbons
Preparations for the launch of the African Energy Bank are progressing at a 'good pace'

Preparations for the launch of the African Energy Bank are progressing at a 'good pace'

Algeria - The African Petroleum Producers Organization (APPO) confirmed today, Tuesday, that the preparations for the launch of the African Energy Bank (AEB) are 'progressing at a good pace', noting that this financial institution, launched in partnership with the African Export-Import Bank (Afreximbank), aims to support investments in the hydrocarbons sector on the African continent.

May 12, 2026aps.dz
Banking & Finance
Hotels and factories financed by 'halal' funding with terms up to 15 years!

Hotels and factories financed by 'halal' funding with terms up to 15 years!

70 billion dinars in deposits and 110,000 accounts in Islamic banking; real estate accounts for more than half of the bank financing portfolio. The Crédit Populaire Algérien is preparing to launch a new package of Islamic financing products starting next June, in a move that reflects a trend towards expanding halal banking and supporting investment dynamics in the country. These offers include financing directed towards the establishment of hotels, production facilities, administrative headquarters, and large factories, with repayment terms extending up to 15 years, providing investors with greater capacity to realize their strategic projects with financial stability and long-term sustainability. In this context, the head of the Islamic banking department at the Crédit Populaire Algérien, Soufiane Mezari, stated in a statement...

May 12, 2026echoroukonline.com
Energy & Hydrocarbons
Opening of data rooms for 'Algeria Bid Round 2026' starting from this date - Iqtissad Al Balad

Opening of data rooms for 'Algeria Bid Round 2026' starting from this date - Iqtissad Al Balad

The President of the National Agency for the Valorization of Hydrocarbon Resources 'Naftal', Samir Bakhti, announced that access to the technical and geoscientific data related to the international tender round 'Algeria Bid Round 2026' will be available starting from June 1, 2026, for stakeholders and partners in the energy sector interested in exploration opportunities in seven new areas.

May 12, 2026iqtissadalbalad.dz
Energy & Hydrocarbons
Opening of data rooms for 'Algeria Bid Round 2026' starting from this date

Opening of data rooms for 'Algeria Bid Round 2026' starting from this date

The President of the National Agency for the Valorization of Hydrocarbon Resources, Samir Bakhti, announced that access to the technical and geoscientific data related to the international bidding round 'Algeria Bid Round 2026' will be available starting from June 1, 2026, for stakeholders and partners in the energy sector interested in exploration opportunities in seven new areas. Bakhti explained, during an international meeting organized by the agency in partnership with the European Association of Geoscientists and Engineers on the strategic challenges of offshore exploration and enhancing hydrocarbon exploitation, that this step will allow investors to access various available data, contributing to the assessment of the investment potential that the sector boasts.

May 12, 2026echoroukonline.com