Algeria

As part of government efforts to diversify the economy, large investments are being made in regional areas outside of the major population centres of Algiers and Oran. As the recipient of one of the largest of these public disbursements, with a package valued at an estimated €4bn over five years, the province (or wilaya) of Béjaïa is set to undergo considerable development. Major transportation...

With $286bn allocated to major infrastructure developments, the government has devised a five-year plan for improving connections, including road networks, ports, urban mass transport and rail lines. Three major highway projects are either under way or in planning, including the East-West Highway, the Hauts Plateau Highway and the North-South Highway. The government is also expanding capacity at...

As the world’s 15th-largest oil producer and ninth-largest producer of natural gas, Algeria largely relies on its significant hydrocarbons reserves and strong export markets in Europe and the US to drive its economy. In 2012 the country produced almost 1.7m barrels per day of oil and 81.5bn cu metres of natural gas. State-owned Sonatrach controls around 80% of the upstream segment; however,...

Having weathered the global economic crisis relatively easily and avoided most of the political turmoil that affected its neighbours during the Arab Spring, Algeria has continued along a steady path of economic growth and social development. In 2012 the country’s GDP reached AD15.84trn (€145.73bn), a 3.3% increase over the previous year. Algeria’s considerable oil and gas reserves, accounting for...

Covering 2.4m sq km, Algeria is the largest country in Africa, and borders the Mediterranean Sea in the north; Tunisia and Libya in the east; Niger and Mali in the south; and Mauritania, Western Sahara and Morocco in the west. Rich in oil and gas resources, which have supported relative stability in recent years, the country is also Africa’s fourth-largest economy. Algeria has strong trade ties...