Recommendations to accelerate the implementation of economic integration projects and strengthen African financing, support digital transformation and e-commerce, and industrial and agricultural value chains. Encouraging partnerships between the public and private sectors and enabling startups to access markets. More than 70 expressions of interest agreements were signed in the fields of trade and investment, including 20 agreements in favor of Algeria, during the twelfth edition of the Africa Investment and Trade Forum 'AFIC 12', held at the Sheraton Hotel in Algiers on May 9 and 10, under the slogan 'Together We Open Markets'. According to the final statement of the forum, which 'Echorouk' received a copy of, the event constituted a strategic African economic milestone.
Algeria - The process of expanding the powers of public administration representatives at the one-stop shops of the Algerian Investment Promotion Agency continues, through the delegation of State Property Administration representatives to prepare and sign lease contracts for economic land, as part of simplifying administrative procedures and accelerating the realization of investment projects.
Verification of sanctions lists and individuals and terrorist entities within a mandatory 24-hour passage through banking channels for all real estate transactions, allocating more than 20 percent of the chamber's budget to enhance oversight, inspecting all notary offices nationwide in four oversight rounds. Abdel Salam Boujmaline, Vice President of the National Chamber of Notaries, reveals in an exclusive interview with “Echorouk” the behind-the-scenes of the battle Algeria fought to exit the gray list of the Financial Action Task Force “GAFI”, and the role notaries played in achieving this accomplishment, confirming that this gain paves the way for removing Algeria from the European Union's blacklist, which would enhance investor confidence and facilitate transactions.
The U.S. Geological Survey (USGS) revealed massive estimates of undiscovered gas resources in the Greater Sahara Basin/Ahnat region of Algeria, averaging about 80.1 trillion cubic feet of technically recoverable gas, along with 275 million barrels of natural gas liquids, according to a scientific study published in April 2026 as part of Fact Sheet 2026-3005. These estimates are among the largest recent assessments of unconventional resources in North Africa, based on a geological assessment methodology to estimate technically recoverable undiscovered resources, and included eight assessment units distributed across two major petroleum systems within the region. View the full content on the...
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