With the nation’s largest industrial park set to be built in Ouled Saber, Sétif is set to benefit from an increasing flow of private and public investment into sectors such as electronics, automotive and agri-industry. The new enterprises emerging in the Sétif region will provide employment opportunities for thousands of people, while also advancing the province’s importance as a key...
Algeria Economy
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The largest economy in the Maghreb, Algeria is also the region’s wealthiest country in terms of purchasing power parity-adjusted per capita. Hydrocarbons are the mainstay of economic activity; however, amid slowing production and exports, as well as the sharp drop in oil prices since mid-2014, the government is taking a range of measures to develop other sectors, with a particular focus on...
Chapter | Country Profile from The Report: Algeria 2016
Algeria is Africa’s largest country. Its population – which is currently just under 40m – is rising at an annual rate of 1.9%. Like many other countries in North Africa, the population is young, with two-thirds under the age of 30. Hydrocarbons have long been the economy’s primary driver. The country is the world’s sixth-largest gas exporter, and has the 10th-largest natural gas reserves....
Amid the constant change that has recently characterised North Africa, Algeria has charted a path of relative stability. This is largely due to vast oil and gas resources that have made it Africa’s fourth-largest economy.
Chapter | Table of Contents from The Report: Algeria 2015
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