Afreximbank approves $200m facility for Nigeria’s Shoreline Power

By UdemeAkpan, Energy Editor The African Export-import Bank (Afreximbank) has approved a $200 million financing facility for Nigeria’s Shoreline Power Company Limited to support the execution of a major oil and gas infrastructure project in Algeria, marking a significant boost for Nigerian engineering expertise and cross-border investment in Africa. The financing, approved in June 2026,…