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Algeria joins the New Development Bank, boosting infrastructure funding and regional collaboration.
Algeria has joined the New Development Bank (NDB), an organization founded by BRICS nations to finance infrastructure and sustainable development projects.
The addition of Algeria, known for its natural resources and strategic location, aims to enhance the NDB's global financial influence.
Since its founding in 2015, the NDB has approved over 120 projects worth $40 billion, focusing on sectors like clean energy and transport infrastructure.
Algeria's membership is expected to foster new opportunities for regional growth and collaboration.
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Argelia se une al Nuevo Banco de Desarrollo, impulsando la financiación de las infraestructuras y la colaboración regional.