
Cooperation between Algeria and the World Bank Group: The interest of the WB in the mining sector
The Secretary of State to the Minister of Hydrocarbons and Mines, in charge of Mines, Mrs. Karima Bakir Tafer, received,
Foreign direct investment, capital flows, and investment climate

The Secretary of State to the Minister of Hydrocarbons and Mines, in charge of Mines, Mrs. Karima Bakir Tafer, received,

Algerian crude oil production is approaching the 1 million barrels/day mark with the increase in Algeria's quota

Jijel - A partnership agreement was signed this evening, Monday, at the Djendjen Port in Jijel Province, between this port authority and the Algerian Qatari Steel Company, according to a statement issued by the port.

The World Bank Group in Algeria confirmed its interest in the mining sector in Algeria, with readiness to accompany and support institutions in the sector, particularly by contributing to attracting investments and involving both public and private foreign companies, as well as providing support in project management, technical assistance, and exchanging expertise along the value chain in the mining sector. This came during a meeting with the Secretary of State to the Minister of Energy and Mines, in charge of mines, Karima Bakir Tafer, on Monday in Algiers, with the resident representative of the World Bank Group, Jamila Hajbaï Oglu Jirin, according to a statement from the ministry. The same source clarified that this meeting was an opportunity to discuss prospects for supporting cooperation...

The Governor of Batna, Ben Ahmed Riad, inspected today, Monday, April 6, the progress of the construction of the 'Socon Algeria' plant for assembling cars, trucks, and buses. According to the Batna province, this important industrial project is part of supporting and developing the investment climate and enhancing economic activity in the province, especially after removing all obstacles it faced, in addition to connecting it to various vital networks, allowing it to be put into operation under the best conditions.

Algeria and the World Bank discussed today, Monday, ways to enhance cooperation in the exchange of expertise and technical assistance in ongoing and future projects, particularly those related to the development of the mining sector in Algeria, especially in the areas of exploitation and processing of mineral resources.

The Secretary of State to the Minister of Energy and Mines, responsible for mines, Karima Bekir Tafer, received the resident representative of the World Bank Group in Algeria, Jamila.

The Wilaya Chamber of Commerce and Industry of Oran emphasized the enhancement of economic cooperation bridges between Algeria and Kazakhstan, focusing on the fields of pharmaceutical industry, food industries, exploring promising investment opportunities, and building sustainable partnerships. A statement from the chamber indicated that it will support this dynamic by organizing B2B meetings between economic operators, contributing to the development of trade exchanges and the realization of joint projects on the ground. Read the full content on Echourouk Online.

The Algerian Agency for Investment Promotion has registered more than 21,000 investment projects as of March 31, with 54 percent of the declared projects having entered the actual implementation phase, while the number of projects that have entered production reached 1,364, according to the agency's director general, Omar Rakach. Rakach explained during his appearance on Algerian television that these projects, registered since the agency's activities began on November 1, 2022, are distributed between local and foreign investments and others in partnership with foreign operators, noting that 2,131 projects were registered during the first quarter of 2026, with an expectation of creating about 59,000 jobs. Watch the full content on Echourouk Online.

On Monday in Algiers, the Secretary of State for Energy and Mines, responsible for mines, Ms. Karima Bekir Tafer, received the resident representative of the World Bank Group in Algeria, Ms. Jamila Hajbay Oglu Jirin, where both parties discussed ways to enhance cooperation in the mining sector, according to a statement from the ministry.

Despite its shortcomings, the solar market is beginning to attract foreign investors with its advantages: the

The President of the Republic, Abdelmadjid Tebboune, during a meeting of the Council of Ministers he chaired today, Sunday, ordered the presentation of the exploratory plan for the mining sector before the Council of Ministers in the near future, which should precisely and in detail define the mining resources that will be focused on in the upcoming phase, as well as the timelines for exploitation and production.