
Joint Marketing of Nigerien Oil between SONATRACH and SONIDEB
Today, Friday, the SONATRACH group, in collaboration with the Nigerien National Oil Company SONIDEB, loaded the first shipment of Nigerien crude oil 'milk'.
Foreign direct investment, capital flows, and investment climate

Today, Friday, the SONATRACH group, in collaboration with the Nigerien National Oil Company SONIDEB, loaded the first shipment of Nigerien crude oil 'milk'.

First joint operation for marketing Nigerien crude.

In the Algerian province of Annaba, where the name El Hadjar has been associated with the history of heavy industry in Algeria for decades, the features of a new chapter seem to emerge today. The complex, which was one of the most prominent symbols of the iron and steel industry in the country, is returning to the forefront of the national industrial project, within a vision that does not stop at rehabilitating an industrial facility, but rather aims to rebuild an integrated system for iron and steel, enhance national production, reduce dependence on imports, and establish industrial sovereignty. This time, China is entering with its industrial and technological weight at the heart of the project. The Algerian Ministry of Industry has opened a path of consultations with China Baowu Steel Group, one of the major names globally in the iron and steel industry, in a step that...

Algeria - The Minister of Industry, Yahya Bashir, chaired a meeting today, Wednesday, in Algiers with a delegation from the Chinese group 'China Baowu Steel Group', during which ways to cooperate and partner regarding the rehabilitation and development of the El-Hadjar complex were discussed, according to a statement from the ministry.

The global automotive industry is undergoing a profound reconfiguration of its balances. Saturation of mature markets, rise of Chinese manufacturers, quest for new growth drivers: in this changing context, Algeria positions itself as a strategic industrial hub at the crossroads of Europe, the Gulf, and Africa.

The National Drilling Company (ENAFOR), a subsidiary of the SONATRACH group, has completed, in record time, the final touches before the launch of drilling for the exploration well 'Kafra Sud-Est 1', in the Agadez region (northern Niger), about 85 km from the southern border of Algeria, reports APS.

The Minister of Energy and Renewable Energies, Mr. Mourad Adjal, received a delegation from the Chinese steel group 'China Baowu Group' on Tuesday in Algiers, with which he examined investment partnership opportunities in Algeria, according to a statement from the ministry cited by APS.

Algeria - The Minister of Public Works and Basic Infrastructure, Abdelkader Jalawi, reviewed today, Wednesday evening at the ministry's headquarters, with the Deputy General Director of the China Communications Construction Company (CCCG), Chan Zhong, the progress of the projects for the expansion of the Annaba phosphate port and the eastern mining line, which are being implemented by Chinese companies.

Agadez (Niger) - The SONATRACH Group, through the massive oil project 'Kafra Southeast 1', located near the Algerian-Nigerian border, aims to establish its African, regional, and international presence as part of an ambitious expansion strategy based on a significant investment plan.

Algeria - The Minister of Pharmaceutical Industry, Wassim Gouidri, chaired today, Wednesday, at the headquarters of the Research, Development and Innovation Center of the public group 'Saïdal' in Algiers, a working meeting with the group's executives, dedicated to reviewing the progress of the arrangements related to the projects for localizing peptide production in Algeria and establishing the Algerian Institute for Stem Cell Therapy, according to a statement from the ministry.

Algeria - The guarantees granted by the Investment Loan Guarantee Fund for small and medium enterprises (CGCI-PME) have significantly increased to reach 41 billion dinars in 2025, compared to 35 billion dinars in 2024, according to the authority.

The Minister of Industry, Yahia Beshir, chairs a meeting with a delegation from the China Baowu Steel Group.