
8.5 billion euros in exchanges: Madrid bets everything on the Algerian market
After a diplomatic crisis that had frozen bilateral relations, Spain has initiated a structured economic reconquest strategy.
Foreign direct investment, capital flows, and investment climate

After a diplomatic crisis that had frozen bilateral relations, Spain has initiated a structured economic reconquest strategy.

The possibility of a giant American competitor entering the national oil company SONATRACH's market in fuel and petroleum derivatives in Italy and Europe has emerged, through an acquisition offer for the largest oil refinery 'ISAB' in the city of Priolo on the island of Sicily, which is the largest in the country, indicating an intensification of competition in this sector that has proven its attractiveness, especially after the succession of geopolitical crises and their implications on the global energy market. In this context, the prestigious economic news site 'Milano Finanza' reported on Friday that an American investment fund active in infrastructure and energy has made an official offer to acquire the 'ISAB' refinery in the city of Priolo on the island of Sicily,...

The company 'Baladna Algeria' is preparing to launch the largest air transport operation for live animals in the world, by shipping 30,000 dairy cows from nine American states on board 109 flights, as part of the second phase of the powdered milk production project, for which contracts worth over $635 million have been signed, within a total investment of $3.5 billion. The transport operation will extend over 10 months starting from November 2026, aiming to form a nucleus of a total herd estimated at about 270,000 cows of the 'Holstein Friesian' breed, with air transport being adopted to reduce transport time and maintain the health of the herd, according to the explanations provided during the signing ceremony. Watch the full content on Echourouk Online.

A recent report by the African Finance Corporation (AFC) confirmed that Africa has a local capital base estimated at $4.4 trillion, enhancing its ability to finance major infrastructure projects without relying entirely on external funding. The report 'State of Infrastructure in Africa 2026', presented during the 'Africa We Build' summit in Nairobi, indicated that African countries can better leverage their internal resources, especially pension funds, to finance strategic projects including roads, ports, and fiber optic networks. Read the full content on Echourouk Online.

China is rapidly deepening its presence in North Africa, with Algeria at the forefront, as part of a strategy aimed at securing alternative energy sources and diversifying supply chains amid global geopolitical tensions and shipping route disruptions, according to the South China Morning Post. A report from the newspaper last week indicated that Algeria stands out as one of the most important hubs of this transformation, given its role as a major supplier of oil and gas, and its extensive relationships with Chinese companies, where state-owned Chinese firms manage billions of dollars in investments in infrastructure and energy within the country, enhancing its position in China's new energy security strategy. Read the full content on ...

The Turkish company 'Tosyali Holding' has launched an investment program worth $2.5 billion aimed at enhancing its position among the top 20 steel producers in the world.

The Minister of Water, Lounes Bouzegza, launched a project to supply the integrated phosphate extraction complex in El Hadba, Tebessa, with industrial water, with a supply capacity estimated at about 3 million cubic meters annually, with directives to reduce the completion period from 12 to 9 months by strengthening work sites, due to its strategic importance in supporting investment. The minister explained yesterday, Friday, that the project involves transporting water over a distance of up to 150 kilometers starting from the municipality of Firkan, as part of enhancing water capacities directed towards major projects and supporting the infrastructure related to the industrial sector. Watch the full content on Echourouk Online.

The Minister of Water Resources, Lounes Bouzegza, launched the project to supply the integrated phosphate extraction complex in El Hadba with industrial water, as part of supporting strategic projects and enhancing water capacities directed towards investment, on Friday, in the municipality of Firkan in Tebessa.

DZD economy aliqtissad dz Algeria economy news

Contracts for the implementation of the second package of the 'Bledna Algeria' agricultural and industrial project for the production of powdered milk were signed, primarily in Adrar, with Algerian and international partners in the fields of services, contracting, and cattle supply, with a total value exceeding 635 million dollars, yesterday Thursday. The signing ceremony, which took place at the International Conference Center 'Abdelatif Rahal', was overseen by the Minister of Agriculture, Rural Development, and Fisheries, Yassine […]

Algeria - Today, Thursday in Algiers, the second package of execution contracts for the 'Bledna Algeria' agricultural and

Algeria - Today, Thursday in Algiers, the second package of implementation contracts for the 'Bledna Algeria' agricultural and industrial project for the production of powdered milk was signed, primarily in the Adrar province, with Algerian and international partners in the fields of services, contracting, and cattle supply, with a total value exceeding 635 million dollars.