News Algeria: Algeria: Ambitious Goals, Investor Skepticism
Africa’s largest country offers opportunity for investors willing to navigate heavy bureaucracy and an unpredictable business environment. In July, Baladna, a Qatari firm famous for raising cows in ...
News Algeria: Austrian companies express interest in investing in Algeria
ALGIERS - Austrian companies expressed their interest in investing in Algeria and fostering economic partnerships in several sectors on Thursday, during the Algerian-Austrian business forum held in ...
News Algeria: Algerian insurance market records nearly 6% growth
Data from Algeria’s National Insurance Council showed that the local insurance market expanded by 5.9% year-on-year to 162.6 billion Algerian dinar ($1.2…
News Algeria: Algerian insurance market records 7.7% growth
Data from Algeria’s National Insurance Council showed that the local insurance market grew by 7.7% year-on-year to 43.5 billion Algerian dinar ($323 million) in…
News Algeria: Algeria’s Gas Advantage Is Real. So Are Its Production Problems.
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News Algeria: Algeria could lose 87% of oil revenue and Nigeria more than 60% as global demand falls, report warns
Algeria could lose 87% of its oil revenue and Nigeria more than 60% as global demand declines, according to a new E3G report. | Business Insider Africa
News Algeria: Algeria lets contract for revamp of Skikda ethylene plant
State-owned Sonatrach SPA has let a contract to Engineers India Ltd. to perform studies and provide project management consultancy (PMC) services for rehabilitation of an ethylene unit at its ...
News Algeria: Algeria's FDI momentum: a new playbook for international investors
Total FDI stock is estimated at roughly $36.8 billion, with announced commitments such as Eni's €8 billion ($10.8billion) energy investment plan; the $3.5 billion Baladna dairy megaproject; and the ...
News Algeria: Algeria, Italy look to broaden ties beyond coveted energy
Italy and Algeria moved to broaden ties through a series of memorandums signed Monday during a two-day visit by Italian Premier Giorgia Meloni, who said the two countries are in the process of building “an extraordinary bridge” and, hopefully, transforming her country into an energy hub for Europe.
News Algeria: Ontex and Hygianis announce agreement for sale of Algerian business
Aalst, Belgium, August 9, 2023 – Ontex Group NV (Euronext Brussels: ONTEX) (“Ontex”), a leading developer and manufacturer of hygiene products and solutions for retailers and healthcare, announces that it has entered into a binding agreement to sell its Algerian business to Hygianis SPA, its local distributor for more than 20 years. The transaction includes Ontex’s business in Algeria and related exports to certain neighboring countries. Ontex’s business in Algeria generated about €50 million sa
News Algeria: Algeria's Skikda LNG plant start-up delayed again
LOS ANGELES, Mar. 13-- Algeria's Skikda LNG plant will not come online until 2013, 2 years later than its earlier announced completion date, according to Chakib Khelil, Algeria's oil minister. "It's ...
News Algeria: Jumia Launches Buy Now, Pay Later in Algeria, Partnership with Diar Dzair
New financing option enhances consumer purchasing power and supports digital payment adoption ALGIERS, ALGERIA / ACCESS Newswire / June 10, 2025 / Jumia, Africa's leading e-commerce platform, has teamed up with Algerian finance provider Diar Dzair ...
News Algeria: Algeria: New taxes threaten tensions amid oil price slump
Algerian teachers and medical workers have threatened strikes for later this month in protest at government budget proposals that include tax hikes and salary freezes to offset a sharp fall in gas revenues. ...
News Algeria: UPDATE 1-Algeria's CPA bank to open up 30% of its capital
Algeria' CPA bank (Credit Populaire Algerian) will open up 30% of its capital for private investment, the bank said in statement on Thursday. The state-owned bank added its share is estimated at 2,500 Algerian dinars ($18.66), and it will sell 60 million shares. Algeria’s president Abdelmadjid Tebboune has said last year he will focus on improving and reforming economy and finance.
News Algeria: BADR Bank Becomes the First Public Bank in Algeria to Go Live With ISO 20022 in Partnership With Eastnets
ALGIERS, Algeria, October 22, 2025--Banque de l’Agriculture et du Développement Rural (BADR Bank), a public Algerian bank, has successfully gone live with ISO 20022, becoming the first financial institution in Algeria to comply with the global standard for financial messaging. This milestone marks a major step in BADR’s digital and regulatory modernization journey and was achieved in partnership with Eastnets, a global leader in financial messaging, compliance, and payments solutions.
News Algeria: From Fire to Resilience: Rethinking How Algeria Manages Its Forests
In the summer of 2021, the hills of northeastern Algeria disappeared behind walls of smoke. Wildfires swept through Béjaïa, El Tarf, and Tizi Ouzou with a speed and ferocity that overwhelmed communities and firefighters alike. More than 100 people lost their lives. Forests that had sustained families for generations - supporting livelihoods, sheltering livestock, and anchoring watersheds - were gone in days. The damage to agriculture and housing alone exceeded US$124 million
News Algeria: Potential for export of Russian agricultural products to Algeria exceeds $1.5 bln
"Our cooperation with Algeria is just getting started," Director of Agroexport Dmitry Krasnov said RABAT, November 15. /TASS/. By 2030, the entire potential for Russian agricultural product exports to ...
News Algeria: Algeria’s Madar Seeks Cameroon Coffee Suppliers to Expand Existing Trade
Algeria’s state-owned Madar Holding explores new coffee supply agreements in Cameroon as it seeks to expand an existing trade flow between the two ...
