
Abderrahmane Benhamadi, one of Algeria’s richest, to build Africa’s biggest AC plant
The facility, set to be built in Bordj Bou Arreridj, about 240 km east of Algiers, will require a $200 million investment.
The facility, set to be built in Bordj Bou Arreridj, about 240 km east of Algiers, will require a $200 million investment.
This move is part of Castel’s broader strategy to expand its presence across Africa, having already established itself in North, West, and Central Africa.
The sale is a strategic move to refocus the company on its core operations.