Foreign direct investment, capital flows, and investment climate
Batna - The Director General of the Algerian Investment Promotion Agency, Omar Rakach, stated this Saturday evening that all arrangements have been made to start assembling trucks from the Chinese brand 'Sokon' at the 'Sokon Algeria' plant located in the activity area of the municipality of Zana El Beyda in Batna Province.
aps.dz
The Minister of State and Minister of Hydrocarbons, Mohamed Arkab, stated that the hydrocarbons sector recorded 17 new discoveries through SONATRACH's efforts since the beginning of the current year.
echaab.dz
Nigerian businessman Aliko Dangote revealed his group's plans to invest up to $50 billion in the manufacturing sector in Africa by the end of 2030, noting that Algeria intends to enter the production of Linear Alkylbenzene (LAB) with an annual capacity of 100,000 tons, through a strategic petrochemical project underway in Skikda, according to statements reported by 'Business Insider Africa'. Read the full content on Echourouk Online.
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The Governor of the Bank of Algeria, Mohand Bourai, during the 54th meeting of the International Monetary Fund's Committee on Monetary and Financial Affairs in Bangkok (Thailand), emphasized the need to take all necessary measures to restore overall financial stability and protect public investment, relying on reliable medium-term frameworks that would support sustainable and inclusive growth, considering the situation in the Middle East.
radioalgerie.dz
The CEO of SONATRACH, Nourredine Daoudi, discussed with officials from the American companies 'Baker Hughes' and 'KBR' in Houston, USA, the prospects for cooperation in the fields of energy technologies, engineering, innovation, and industrial project development, according to the group.
echoroukonline.com
The IMF has raised its growth forecasts for the economies of Sub-Saharan African countries to 4.5 percent for the years 2026 and 2027, up from 4.3 percent in its previous estimates. The fund explained in its report on 'Regional Economic Outlook Updates' for Africa in October 2026 that the increase in growth forecasts reflects the region's economies' ability to adapt to global supply chain disruptions and local economic reforms. Despite the improved growth forecasts, the report noted disparities in economic performance among countries in the region, with resource-rich economies continuing to show some resilience, while countries less dependent on natural resources face a slowdown in the pace of economic activity.
al24news.dz
The Minister of Foreign Trade and Export Promotion, Kamel Rezig, discussed with the Ambassador of the Sultanate of Oman to Algeria, Saif bin Nasser bin Rashid Al-Badawi, and the Chairman of the Board of Directors of the Suhail Bahwan Group, Saad Suhail Bahwan, opportunities to expand trade exchanges and enhance economic partnerships between the two countries, focusing on the role of economic operators in promoting bilateral cooperation and opening new horizons for investment. The meeting took place on Thursday in Algiers, as part of efforts to develop trade and economic relations between Algeria and the Sultanate of Oman, according to a statement from the Ministry of Foreign Trade and Export Promotion. Watch the full content on Echourouk Online.
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The General Directorate of National Properties expects to collect revenues amounting to 126 billion dinars during the year 2027, as part of the draft finance law for the upcoming year, which includes 29 proposed measures in the field of national properties, alongside tax measures aimed at encouraging productive investment, expanding the state's financial resources, and preserving purchasing power. This came during the continuation of the Finance and Budget Committee of the National People's Assembly, on Thursday, studying the draft finance law 2027, by listening to officials from the General Directorate of National Properties and the General Directorate of Taxes regarding the proposed measures in the fields of national properties and taxation, according to a statement from the council. Watch the full content on الشروق...
echoroukonline.com
Algeria and South Africa discussed expanding investments and partnerships in the oil and gas industry, including exploration, production, refining, petrochemicals, and gas marketing, as well as developing infrastructure and technology transfer, inviting South African companies to explore available investment opportunities in Algeria and participate in the Algerian bidding round for 2026. This came during talks held by the Minister of State, Minister of Hydrocarbons, Mohamed Arkab, on Thursday in Algiers, with the Minister of International Relations and Cooperation of South Africa, Ronald Lamola, who is on a working visit to Algeria, in the presence of the ambassadors of both countries and several officials from both sides.
echoroukonline.com
The Algerian Agency for Investment Promotion discussed with officials from South Africa ways to enhance economic and investment cooperation between the two countries, through developing partnerships and exploring opportunities to establish joint investment projects in various sectors, alongside exchanging experiences in the field of investment promotion. This came during a meeting held on Thursday in Algiers, between the Director General of the Algerian Agency for Investment Promotion, Omar Rakach, and the Director General of Bilateral Economic Relations with Africa at the Ministry of Trade, Industry and Competition of the Republic of South Africa, Zanele Sani, who is visiting Algeria as part of the ministerial meeting dedicated to following up on the outcomes of the seventh session of the High Joint Committee for Cooperation.
echoroukonline.com
The CEO of SONATRACH, Nourredine Daoudi, along with a high-level delegation, participated in the 19th edition of the 'Algerian Energy Day' event, held at the 'Lake Charles' event center in the US state of Louisiana from October 12 to 16, according to a statement from the group released today, Friday. According to the statement, this edition was dedicated to discussing the historical cooperation relations between Algeria and the United States in the energy sector and investment opportunities in the oil and gas sectors, as well as the potential for developing renewable energies.
radioalgerie.dz
Algeria - Today, Monday, at the headquarters of the Algerian Investment Promotion Agency, preparatory meetings have begun to prepare a new partnership program between Algeria and the European Union, aimed at promoting investment and improving the business climate.
aps.dz