Foreign direct investment, capital flows, and investment climate
Brazzaville - The President of the African Development Bank Group, Sidi Ould Tah, called today, Friday in Brazzaville, for a profound change in the development financing model in Africa, advocating for major projects capable of transforming the continent's resources locally and creating greater added value.
Economy of Algeria news
The head of the African Development Bank Group office in Algeria, Abdelkader Delita, confirmed that the Trans-Saharan Gas Pipeline project represents a 'major energy corridor' that will enhance energy security, regional economic integration, and continental cooperation. Read the full content on Echourouk Online.
Brazzaville - The African Development Bank Group expects a real GDP growth of 4.1 percent for Algeria, significantly exceeding previous forecasts (3.4 percent) and 4.2 percent in 2027, as confirmed by the group in its 2026 report on 'Economic Outlook in Africa'.
The African Development Bank Group highlighted today in Brazzaville the Algeria-Tamanrasset railway project as one of the 'most transformative' infrastructure projects in Africa, emphasizing the strategic importance of this trans-Saharan corridor in implementing the African Continental Free Trade Area. During a meeting organized as part of the African Development Bank's annual meetings, the bank's Vice President, Mari Lore Akin Olugbadi, stated that the bank's contribution to financing the first phase (Laghouat - Ghardaïa - El Menia) of the Algeria-Tamanrasset railway line represents 'the largest project for the bank in Algeria.' She said, 'Among our interventions with significant transformative impact, the railway project stands out.'
The African Development Bank Group has raised its forecast for Algeria's real gross domestic product growth in 2026 from 3.4 percent to 4.1 percent. This was stated in a recent report by the group on 'Economic Outlook in Africa', presented in the Congolese capital Brazzaville during the annual meetings of the African financial institution. View the full content on الشروق أونلاين
The African Development Bank Group highlighted today in Brazzaville the Algeria-Tamanrasset railway line project as one of the 'most transformative' infrastructure projects in Africa, emphasizing the strategic importance of this trans-Saharan corridor in implementing the African Continental Free Trade Area. During a meeting organized as part of the African Development Bank's annual meetings, the bank's Vice President, Mari Lore Akin Olugbadi, stated that the bank's contribution to financing the first phase (Laghouat-Ghardaiya-Meniâ) of the Algeria-Tamanrasset railway line represents 'the largest project for the bank in Algeria.'
The African Development Bank expects a real GDP growth of 4.1 percent for Algeria, which significantly exceeds previous forecasts (3.4 percent) and is projected to be 4.2 percent by 2027, according to the group's 2026 report on 'Economic Outlook in Africa.' The report, presented in Brazzaville during the annual meetings of the African financial institution, indicated that the Algerian economy is expected to continue its growth momentum, particularly supported by public investments and the development of non-hydrocarbon sectors.
Algeria has recorded continuous progress in its industrial performance over recent years, according to two reports released during the 2026 annual meetings of the African Development Bank Group, held in Brazzaville, highlighting the progress made by the country in various indicators related to the productive environment and the structural capacities of the industry. The two reports released yesterday, Monday, pertain to the 2025 edition of the African Industrialization Index (AII) and the African Industrial Investment Barometer (AfIIB), aimed at assessing the status of the most dynamic African economies in terms of manufacturing, attracting investments, and productive integration. The 'AII 2025' report evaluates the development of...
Algeria signed a memorandum of understanding through the Maritime Works Group (GTM) and the Chinese Port Engineering Company (CHEC) to establish a joint Algerian-Chinese company, specialized in carrying out national port dredging works and all related works, as part of enhancing bilateral cooperation in the field of port infrastructure. According to a statement from the Ministry of Public Works, the signing ceremony took place at the Ministry of Public Works and Basic Infrastructure, under the supervision of Minister Abdelkader Glaoui, in implementation of the instructions of the President of the Republic issued during the Cabinet meeting held on April 19, 2026. View the full content on Echourouk Online.
The Minister of Public Works and Basic Infrastructure, Abdelkader Djellali, oversaw the signing ceremony of a memorandum of understanding between the Maritime Works Group (GTM) and the Chinese Port Engineering Company (CHEC) today, Tuesday, at the ministry's headquarters. According to the ministry's statement, the memorandum concerns the establishment of a mixed Algerian-Chinese company tasked with carrying out national port dredging works and all related works.
Yesterday, Monday, the work of the annual meetings for 2026 of the African Development Bank Group commenced with delegations representing 81 member countries, including Algeria, under the slogan 'Mobilizing resources on a large scale for financing Africa's development in a fragmented world.' The meetings will last for five days and will include organizational meetings, round tables, and specialized events to discuss ways to finance development and enhance investment and economic growth on the African continent. The official opening of the meetings is scheduled for Tuesday, with the attendance of several African heads of state, followed by the launch of the 2026 edition of the African Economic Outlook report, which is one of the most prominent annual events of the bank. Watch ...