Foreign direct investment, capital flows, and investment climate
Algeria - The Algerian Investment Promotion Agency, in a statement today Monday, urged project owners registered with it to update their project progress reports for the first half of 2026 before the upcoming October 1st.
In the face of a chronic deficit in serviced land that hinders investment, the National Agency for Tourist Land (ANFT) is requesting a strategic envelope of 20 billion DA as part of the 2027 finance law. This massive investment is expected to develop about thirty areas and release dozens of plots for the benefit of the AAPI, a crucial step to make tourism a true engine of national economic diversification.
The local pharmaceutical industry confirms its growth and asserts itself against multinationals. To consolidate its growth, the sector is focusing on the manufacture of high value-added products. Investments are now targeting oncological raw materials, hormones, vaccines (human and veterinary) and innovations from biotechnology.
According to the Economic Outlook for Africa 2026 report published by the African Development Bank (AfDB), Southern Africa is facing a major financial challenge. To support its growth and modernize its infrastructure, the region must mobilize large-scale resources to fill an annual deficit of 55 billion dollars.
Algeria - The Minister of Pharmaceutical Industry, Wassim Gouidri, confirmed today, Sunday in Algiers, the importance of gradually transitioning from reliance on importing medical supplies to localizing their production by encouraging investment and leveraging the available national expertise and capabilities in this field, according to a statement from the ministry.
The Minister of Pharmaceutical Industry, Wassim Gouidri, emphasized today, Sunday in Algiers, the importance of gradually transitioning from reliance on importing medical supplies to local production, by encouraging investment and valuing the available national expertise and capabilities in this field, according to a statement from the ministry.
The Algiers Stock Exchange had no regulatory framework for trading Sukuk. The SGBV decision No. 01-26 fills this gap by establishing the very first framework for sovereign Ijara Sukuk.
The integrated phosphate project could mark a new stage in the economic partnership between Algeria and Italy. Cited by the Italian agency Agenzia Nova, Italy's ambassador to Algeria, Alessandra Schiavo, believes that Saipem's participation in this project illustrates a cooperation that is set to go beyond the traditional framework of hydrocarbons. According to her, the project is also in line with the philosophy of the Mattei Plan for Africa, based on creating local productive capacities, transferring technologies and skills, and supporting food security.
Algeria, which places the diversification of the national economy at the center of its priorities, continues its efforts to revive its industry, particularly large complexes like El Hadjar. A flagship of the national industry during the 70s before entering a spiral of crisis, this steel complex, long struggling, could finally find a second wind thanks to a strategic foreign partner.
The Algerian oil giant SONATRACH and the Nigerien National Oil Company (Sonidep) took a historic step this Friday, August 14, 2026.
Delivery of a section of the eastern mining line before the end of next September.
Algeria - Today, Friday, the SONATRACH group, in collaboration with the Nigerien National Oil Company (SONIDEB), loaded the first shipment of Nigerien crude oil 'milk' from the Simi oil terminal (Benin), which will be marketed jointly, according to a statement from SONATRACH.