Foreign direct investment, capital flows, and investment climate
The Algerian Agency for Investment Promotion announced today, Thursday, the activation of the single window in its new form starting next Sunday, which enables economic operators to carry out various necessary procedures to launch their investment projects without having to move between different administrations.
The African Import-Export Bank Afreximbank announced last Monday the unlocking of a facility of 200 million dollars aimed at supporting the execution of a large-scale oil and gas contract in the Hassi Bir Rekaiz field, in Algeria. This operation is part of a series of financings centered around a central objective claimed by the institution: to accelerate regional economic integration by providing direct support to major industrial and energy projects. In this context, Algeria does not position itself as a mere host. It joined Afreximbank as an active...
It should be noted that in 2024, private banks had invested 620 billion dinars in Treasury bonds. How can we explain this rush and the growth of Treasury bonds in the portfolios of private banks? "We observe a very significant evolution in recent years: private banks are increasingly involved in trading public securities. This activity now represents an important source of their revenues and characterizes a very significant evolution of the business models that are already deployed by private banks," analyzes Rachid Sekak. He adds that ...
Algeria - Public authorities continue to expand the powers of public administration representatives working at the one-stop shops of the Algerian Agency for Investment Promotion, by delegating representatives from the Ministry of Environment and Quality of Life the authority to issue decisions approving environmental studies and prior approvals for the establishment of classified institutions, as part of simplifying administrative procedures and accelerating the realization of investment projects.
Algeria - The Algerian Agency for Investment Promotion received today, Wednesday, the Congolese Minister of International Cooperation and Promotion of Public-Private Partnership, Denis Cristal Sasso Ngueso, where Algeria's experience in investment and improving the business climate was reviewed, according to a statement from the agency.
The Director General of the Algerian Agency for Investment Promotion, Omar Rakach, received today, Wednesday, the Congolese Minister for International Cooperation and Promotion of Public-Private Partnerships, Denis Kristal Sasso Ngueso, where Algeria's experience in investment and improving the business climate was reviewed, according to a statement from the agency. In this context, Sasso Ngueso visited the one-stop shop for major projects and foreign investments, where he observed […]
The Algerian Agency for Investment Promotion received the Congolese Minister for International Cooperation and Promotion of Public-Private Partnership, Denis Cristal Sassou Nguesso, on Wednesday, where Algeria's experience in investment and improving the business climate was reviewed, according to a statement from the agency. Following the reception, the Congolese minister visited the one-stop shop for major projects and foreign investments, where he was briefed on the various bodies represented at its level, and observed its operational mechanisms and the services it provides for investors, according to the same source. On this occasion, the Director General of the Algerian Agency for Investment Promotion, Omar Rakach, presented a report on the agency's tasks and the reforms it has initiated.
The Algerian Chamber of Fisheries and Aquaculture and the National Agency for Microcredit Management (ANGEM) have begun implementing the cooperation agreement signed between them, through a working session dedicated to establishing a joint work program and coordination mechanisms aimed at supporting youth and project holders wishing to invest in the fisheries and aquaculture sector. The meeting was attended by the Director General of the Algerian Chamber of Fisheries and Aquaculture, Nabil Ouiche, and was overseen by the Director General of the National Agency for Microcredit Management, Souad Ben Djamel, in the presence of the directors of the fisheries and aquaculture chambers in the provinces of Boumerdes and Ain Defla, as well as the head of the technical committee for freshwater aquaculture.
Algeria will host a regional meeting for investment promotion agencies in the Middle East and North Africa at the end of September, in collaboration with the World Association of Investment Promotion Agencies (WAIPA), in a move aimed at enhancing regional cooperation and promoting the region as an investment destination, announced the Director General of the Algerian Investment Promotion Agency, Omar Rakach. The announcement came during Rakach's participation, as the regional director for the Middle East and North Africa at the World Association of Investment Promotion Agencies, via remote conferencing, in the proceedings of the fifth session of the Subcommittee on Associations and Groups of Regional Investment Promotion Agencies (SCRIPA).
The Minister of Industry, Yahia Bacheir, received a delegation from the Republic of Chad today, Wednesday, in Algiers, where the two parties discussed ways to accelerate and enhance industrial cooperation between the two countries, particularly through the realization of joint projects, foremost among them the project to construct a cement plant in Chad in partnership with the 'GICA' group, according to a statement from the ministry.
The Algerian Agency for Investment Promotion received the Congolese Minister of International Cooperation and Promotion of Public-Private Partnership, Denis Crystal Sasso Ngueso, this Wednesday, where Algeria's experience in investment and improving the business climate was reviewed, according to a statement from the agency.
Professor of Economic Sciences, Hakim Bouharb, stated that the meeting chaired by the President of the Republic to follow up on structured projects in the mining and metallurgy sectors in Annaba and Béjaïa reflects the strong political will to continue pushing these strategic projects and accelerate their implementation.