Investment & FDI

Foreign direct investment, capital flows, and investment climate

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Financial position exceeding 21 trillion dinars by the end of November at 'Bank of Algeria'

Financial position exceeding 21 trillion dinars by the end of November at 'Bank of Algeria'

The Bank of Algeria published its monthly financial position as of November 30, 2025, in the official journal, which showed that the total assets and liabilities of the bank exceeded 21.113 trillion dinars, reflecting the large volume of resources and funds managed by the central bank as the institution responsible for issuing currency and managing the state's official reserves. The report reveals that gold represents one of the most important components of the bank's assets, valued at over 3.027 trillion dinars, while the value of foreign currency balances reached about 1.368 trillion dinars, in addition to special drawing rights estimated at more than 559 billion dinars. The bank also included various contributions and investments exceeding 4.951 trillion dinars, along with accounts...

Jun 3, 2026echoroukonline.com
APS | صناعة، طاقة ومناجم

Foundation stone laid for a power station in the Chadian capital in the coming days

Niamey - The Minister of Energy and Renewable Energies, Mourad Ajal, announced today, Wednesday in Niamey, that the foundation stone for a 40 megawatt electricity generation project in the Chadian capital, N'Djamena, will be laid in the coming days. The project will be carried out by the 'SONELGAZ International' company as part of the expansion of the company's activities on the continental level.

Jun 3, 2026aps.dz
إقتصاد - الشعب

Ajjal: 'Sonelgaz International' is capable of implementing major energy projects

The Minister of Energy and Renewable Energies, Mourad Ajjal, announced today, Wednesday in Niamey, that in the coming days, the foundation stone will be laid for a 40 megawatt electricity generation project in the Chadian capital, N'Djamena, to be carried out by 'Sonelgaz International' as part of the company's expansion activities on the continental level. The minister's statement came on the sidelines of the inauguration ceremony of the Algerian-Nigerian solidarity electricity generation station with a capacity of ...

Jun 3, 2026echaab.dz
SONELGAZ International: The Niamey Power Station will cover 20 percent of Niger's electricity needs

SONELGAZ International: The Niamey Power Station will cover 20 percent of Niger's electricity needs

The General Director of SONELGAZ International, Yazid Jallouli, confirmed that the power generation station inaugurated by Algeria in the Nigerian capital Niamey, with a capacity of 40 megawatts, will contribute about 20 percent of the total electricity production in Niger. Jallouli explained, in a statement to Algeria International Channel, in Niamey, on the sidelines of the inauguration of the station, that the project was completed in record time since its launch at the end of last month …

Jun 3, 2026al24news.dz
With an investment exceeding one billion dinars.. Revitalization of compressed glass activity in Chlef

With an investment exceeding one billion dinars.. Revitalization of compressed glass activity in Chlef

The Algerian Holding Company for Chemical Specialties (ACS) continues to implement its strategic plan for 2026 by revitalizing the production of compressed glass at the NOVER company facility, which is part of the ENAVA group, after completing the renewal of the melting furnace and its actual operational start, allowing for the commencement of the first orders directed to the national market. This project comes as part of the implementation of the public authorities' strategy aimed at enhancing national production capacities and modernizing the industrial fabric, with a financial envelope exceeding one billion Algerian dinars, funded by the private resources of the NOVER company with financial and human support from the ENAVA group. Read the full content on Echourouk Online...

Jun 3, 2026echoroukonline.com
SONATRACH and SONIDEB sign memorandums of understanding to enhance energy cooperation between Algeria and Niger

SONATRACH and SONIDEB sign memorandums of understanding to enhance energy cooperation between Algeria and Niger

Subsidiaries of the SONATRACH group signed three memorandums of understanding with the Nigerien National Petroleum Company 'SONIDEB', including the establishment of a joint company for drilling oil and gas wells in Niger, cooperation in the acquisition and processing of seismic data, as well as the development of petroleum product distribution activities, in a new step to enhance the energy partnership between the two countries. The signing ceremony took place yesterday, Tuesday, in the presence of the Minister of State and Minister of Energy, Mohamed Arkab, the Minister of Petroleum of the Republic of Niger, Hamadou Tini, and the CEO of the SONATRACH group, Nourredine Daoudi, along with officials and representatives from both the Algerian and Nigerien companies.

Jun 3, 2026echoroukonline.com
Trans-Saharan Gas Pipeline Project: Algeria Hosts the Fifth Ministerial Meeting of the Steering Committee

Trans-Saharan Gas Pipeline Project: Algeria Hosts the Fifth Ministerial Meeting of the Steering Committee

Algeria is hosting today, Wednesday, the proceedings of the fifth ministerial meeting of the steering committee for the Trans-Saharan Gas Pipeline (TSGP) project, with the participation of the ministers of hydrocarbons and energy from Algeria, Nigeria, and Niger, as part of the ongoing coordination and consultation regarding one of the most prominent strategic energy projects on the African continent. According to a statement from the relevant ministry, the meeting will include the Minister of State, Minister of Hydrocarbons, Mohamed Arkab, the Minister of State for Petroleum Resources in charge of gas in the Federal Republic of Nigeria, Ikperekpe Ikpo, the Minister of Petroleum of the Republic of Niger, Hamadou Tini, along with the CEO of SONATRACH, Nourredine Daoudi, and officials from the Nigerian company 'NNPC' and other partners.

Jun 3, 2026echoroukonline.com
إقتصاد - الشعب

2027.. Year of Mining Launch

In 2027, Algeria will enter a new and important phase with several major economic projects, especially those launched by the state in recent years in the mining, energy, transport, and industry sectors. Among the most notable of these projects is the integrated phosphate project, which will enter production during the first quarter of 2027, coinciding with the completion of the expansion project of the port of Annaba and its readiness to export the first phosphate shipments during the same period.

Jun 3, 2026echaab.dz
The African Business Salon Returns for Its Fourth Edition with Participation from More Than 25 Countries

The African Business Salon Returns for Its Fourth Edition with Participation from More Than 25 Countries

Algiers will host the fourth edition of the African Business Salon 'SADA 2026' from June 6 to 8, with delegations representing more than 25 African countries, in an economic event aimed at enhancing trade and investment partnerships and supporting economic integration across the continent. The Ministry of Foreign Trade and Export Promotion stated in a press release that this event, organized under the patronage of the Minister of Foreign Trade and Export Promotion, Kamel Rezig, will see the participation of representatives from public institutions, economic operators, investors, professional organizations, and chambers of commerce, alongside delegations from various African countries. Watch the full content on Echourouk Online...

Jun 3, 2026echoroukonline.com
Algerian delegation for electrical industries explores investment and partnership opportunities in Tanzania

Algerian delegation for electrical industries explores investment and partnership opportunities in Tanzania

A delegation from the Algerian Electrical Industries Group (CIEL) has begun a four-day working visit to the United Republic of Tanzania, aimed at transferring the Algerian experience in the field of electricity and exploring cooperation and investment opportunities between the two countries, in line with the directives of the President of the Republic, Abdelmadjid Tebboune, aimed at enhancing Algeria's presence in regional energy markets and supporting South-South partnership. The Vice President of the Algerian Electrical Industries Group, Mohamed Khalifa, stated in a statement to the Algerian News Agency that the meetings which began on Monday with the Rural Energy Board (REB) and the Rural Energy Agency (REA) in Dar es Salaam allowed for the exploration of investment and cooperation opportunities in the sector.

Jun 3, 2026echoroukonline.com