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AfDB approves $878 million for Algeria railway expansion

NEWSROOM by NEWSROOM
July 19, 2026
in Business, Finance
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The African Development Bank (AfDB) has approved $878.09 million in financing to support the second phase of Algeria’s Laghouat–Ghardaïa–El Meniaa railway project, a major infrastructure investment designed to improve transport efficiency, boost regional economic activity and strengthen links along the Trans-Saharan railway corridor.

The funding will be used to construct the 230-kilometre Ghardaïa–El Meniaa section of the planned 495-kilometre railway line, alongside supporting infrastructure and institutional development…

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