Meeting the country’s growing transport needs remains a priority for the Algerian government. The national development plan 2015-19 allocates AD832.7bn (€6bn) to upgrade, modernise and expand the country’s air, rail, road and maritime capacity, with significant progress already made on each of these fronts. Foreign direct investment (FDI) is...
Algeria has set ambitious targets for rail development, aiming to increase annual rail transport capacity to 17m tonnes of goods and 60m passengers by 2021. In 2017 annual capacity of cargo via rail reached 5m tonnes, while the number of passengers travelling via rail in the first 11 months of 2018 was 43m. Additionally, there are plans to...
The rapid rate at which urban centres in Algeria are growing has put pressure on the country to develop an efficient and modern transport system. Although population growth rates have slowed slightly, from 2.2% in 2015 to 1.9% in 2017, the percentage of the population living in urban areas has risen steadily, from 72.1% in 2015 to 76% in 2018...
The aviation sector is experiencing rapid growth worldwide, propelled by booming tourism industries, lower air fares and the push for greater connectivity in an increasingly globalised economy. Middle-class expansion has also spurred growth in air travel, as more people are able to afford flights for holidays or business-related travel....
Welcoming only a few new entrants to the market, the structure of Algeria’s insurance sector has remained relatively stable in recent years, with the four largest state-run insurers continuing to dominate. Purely private sector insurers capture less than one-quarter of the market, despite making modest gains of late. While the life insurance...
In line with rising demand for electricity, Algeria has invested significantly in its power sector over the past 10 years, with projects primarily carried out by state-owned power company Sonelgaz and its subsidiaries. Major upgrades embracing enhanced technologies have also been brought on-stream; however, there remains a pressing need to...
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