Africa Economy

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Algeria is a country rich in history and situated in a strategically important region. While its past has at times been turbulent, the last decade has been one of relative peace. As result, economic growth and development has followed, driven primarily by advances in the hydrocarbons sector.

 

Algeria’s foreign policy has long been characterised by an independent streak, which has allowed the country to broaden its diplomatic ties in order to strengthen and deepen trade ties. The country has been particularly active in cultivating links with regional neighbours, and also benefits from close relations with major powers like the US...

 

After half a century of turbulence, the last 15 years has been a period of relative peace and stability for Algeria. The country was little affected by the Arab Spring of 2011 and the latest presidential election in April 2014 unfolded smoothly.

 

What is the main challenge with respect to increasing UK investment in Algeria?

 

In the years that have followed the restoration of peace and stability, Algeria has been blessed in being spared the burden of external debt, which has allowed us to invest heavily in our future. This is most evident in the roll-out of our three massive five-year development programmes, along with additional plans for the wilayas and...

Chapter | Table of Contents from The Report: Algeria 2015

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