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Latest updates from the Algerian business ecosystem
Senegal Confirms Its Commitment to Expanding Cooperation with Algeria in the Oil and Gas Industry
The Minister of African Integration and Foreign Affairs and Senegalese Abroad of the Republic of Senegal, Sheikh Niang, confirmed today, Sunday, his country's commitment to expanding cooperation with Algeria in various fields of the oil and gas industry and benefiting from Algeria's pioneering experience. The Senegalese minister's statements came during his reception today by the Algerian Minister of State, Minister of Energy, Mohamed Arkab, on the occasion of a working visit he is making to Algeria, where the two parties held talks in the presence of the ambassadors of both countries and the CEO of SONATRACH, Nourredine Daoudi, along with officials from the Ministry of Energy and members of the accompanying Senegalese delegation. According to a statement from the Algerian Ministry of Energy, the meeting provided an opportunity...
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Djezzy publishes its report for the first half of 2026: An increase of 8.7% in its revenue
The public mobile and Internet operator, Djezzy announced yesterday in a statement reported by APS, a growth in its revenue for the first half of 2026, recording an increase of 8.7% compared to the same period in 2025, thus confirming the company's growth dynamics.
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Chinese automobile exports: Algeria confirms its place among the top ten markets
The Algerian automobile market is undergoing a silent yet spectacular transformation. While the demand for new vehicles remains strong and the supply is still limited, a new alternative is gradually establishing itself in the purchasing habits of Algerians: vehicles manufactured in China.
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“Super El Niño”: Africa risks facing an economic shock of 10 to 20 billion dollars
An imminent ‘super’ El Niño is expected to deal a combined blow of 10 to 20 billion dollars to affected African countries and trigger massive migration from the hardest-hit areas, said the African Development Bank's chief climate expert to Reuters.
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Ecological emergency: Towards a global paradigm shift
The heat dome that has settled over North Africa and part of Europe for about twenty days, creating favorable conditions for the outbreak of mega forest fires and disrupting the daily lives of populations, confirms the trend of climate change for which the Intergovernmental Panel on Climate Change (IPCC) has already issued alerts in several of its reports.
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Hicham Benamirouche, researcher at CREAD: "The diversification of the electricity mix is a necessity"
Researcher at the Center for Research in Applied Economics for Development (CREAD), Hicham Benamirouche analyzes the trajectory of the Algerian electrical system, between a continuously rising consumption, a decline in gas production, and the necessity to diversify the energy mix. He discusses the infrastructures to be strengthened and the actors capable of carrying out the upcoming large-scale projects.
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Green hydrogen: Algeria at the heart of several major projects
Hydrogen projects in Algeria play a central role in the country's new energy strategy, which aims at economic diversification and strengthening its position in the clean energy market. In the face of growing global demand for alternative sources to fossil fuels, Algeria aims to become a major player in the production of green hydrogen and ammonia, relying on its strategic geographical position and natural resources.
ecotimesdz.comAlgerian-Spanish Forum on Renewable Energies: Alejandro Ballester Barral scans the partnership between Algeria and Spain
On September 14, the Algerian-Spanish Forum on Renewable Energies will be held in Algiers. Before the event, its Secretary General, Alejandro Ballester, quantifies the role of SMEs in Algeria-Spain trade.
ecotimesdz.comWith inflation limited to 1.8% in May 2026: The national market maintains its balances
This results from the policy implemented by the government, based on a regular supply to the market, strengthening regulatory mechanisms, and intensifying control operations. This development is also reflected in inflation indicators. The latest data published by the National Office of Statistics (ONS) shows that the annual inflation rate remained at a moderate level during the first five months of 2026. According to the ONS, it was established at 1.3% in January, before falling to 1.2% in February and then to 1.1% in March, its lowest level since...
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"Eni" prepares to produce 10,000 smart TVs
The General Director of the National Company for Electronic Industries "Eni" in Sidi Bel Abbes, Abdel Salam Bouab, announced the readiness to open a new production line for manufacturing smart TVs in September. He explained in a statement to "Echorouk" that the first batch is estimated at 10,000 devices, which will be launched in the markets soon, revealing at the same time that "Eni" recently marketed 500 smart cameras as the first batch, awaiting the marketing of another 100,000 by the end of the current year. He added that the company is currently working on implementing several projects to dominate the national market in various fields, including smart electronic payment devices, where the director clarified that his services have produced 133,000 devices since the launch of this project.
echoroukonline.com
Changes at the Helm of Banks and the Return of the CEO Position
The appointments included, in phases, the National Bank, the External Bank, and the National Savings and Reserve Fund, aiming for unified leadership and faster decisions, as well as reducing decision-making timelines. The Ministry of Finance is opening a new chapter in the management of public banks, after it began adopting the position of CEO instead of General Manager and Chairman of the Board in banks, marking the first change of its kind in the governance model within public banking institutions in 5 years, since 2021. This transformation has so far included the appointment of Mustafa Ben Alqama as CEO of the Algerian National Bank, Hosni Ben Abbas as CEO of the Algerian External Bank, and Kahina Bougdir as CEO of the National Savings and Reserve Fund.
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