Foreign direct investment, capital flows, and investment climate
Today, Sunday, the Minister of Foreign Trade and Export Promotion Kamel Rezig oversaw the signing of an agreement to establish the first factory in Africa for the production of shoes of the global brand 'Skechers' in Algeria.
iqtissadalbalad.dz
The Minister of Foreign Trade and Export Promotion, Kamel Rezig, oversaw the signing of a partnership agreement between the American global company 'Skechers' and the Algerian company 'Tradifoot' to establish the first factory for the American brand in Africa, set to begin operations in the first quarter of 2027 with a production capacity of two million shoes annually. The agreement was signed following the minister's reception of a delegation from 'Skechers' that included the Vice President for Financial Affairs, Douglas Parker, and the Vice President for International Sales, Daniel Levy, in the presence of officials from the Algerian company 'Tradifoot'.
echoroukonline.com
Algeria and Angola are seeking to open a new oil cooperation pathway between SONATRACH and SONANGOL, based on the exchange of expertise between onshore production, in which Algeria has extensive experience through its desert basins, and offshore production, where Angola is one of the leading African players.
iqtissadalbalad.dz
The President, Abdelmadjid Tebboune, confirmed that health security in the African continent is achieved through sustainable investment in health systems, enhancing monitoring capabilities, and supporting research.
iqtissadalbalad.dz
Preparatory work at the phosphate mine in Blad El Hadba is set to achieve production equivalent to 4 million tons of raw phosphate before the end of the second quarter of 2027, which will nearly cover a full year's needs for the raw material specific to processing units, according to project officials during a site visit by Minister of Mines and Mining Industry Mourad Hanifi to the state of Tebessa. During his inspection of the progress of the 'exploitation preparation phase' at the mine, the minister received a presentation on the ongoing work since October 2024, which includes the removal of barren layers and site preparation to begin extracting raw phosphate. The provided data indicates that the first phase aims to produce 3.5 million tons of phosphate...
echoroukonline.com
The German pharmaceutical company Bayer has expressed its interest in enhancing its presence in the Algerian market and expanding areas of cooperation with national stakeholders, during a meeting held this Sunday in Algiers between the Minister of Pharmaceutical Industry, Wassim Gouidri, and the Deputy CEO of the group, Mildred Nada Beta.
radioalgerie.dz
It will soon enter into operation.
elkhabar.com
The American company specialized in footwear under the 'Skechers' brand signed a partnership agreement this Sunday in Algiers with the Algerian company 'Tradifoot' to establish its first production factory in Africa, with the project expected to be operational in the first quarter of 2027, with a production capacity estimated at two million pairs of shoes annually.
radioalgerie.dz
The Minister of State, Minister of Energy, Mohamed Arqab, received this Sunday in Algiers the CEO of Midad Energy - Saudi North Africa, Sheikh Abdulilah bin Mohammed bin Abdullah Al-Ibayan, where cooperation between SONATRACH and the Saudi company was discussed, especially after both parties signed the contract for the contractual area 'Ilizi South' in the Ilizi basin, according to a statement from the ministry.
radioalgerie.dz
The partnership agreement was signed today.
elkhabar.com
The Minister of Foreign Trade and Promotion of Exports, Kamal Rzig, received this Sunday a delegation from the American global company 'Skechers', which discussed investment opportunities in Algeria, according to a statement from the ministry.
radioalgerie.dz
This is a diplomatic and economic victory that Algeria has been waiting for over a year and a half. The Financial Action Task Force (FATF),
ecotimesdz.com