In 2011 the government launched the National Development Plan for Renewable Energies (Plan National de Développement des Energies Renouvelables, PNDER), a massive programme to develop renewable energies. The initiative entails plans for the addition of 22 GW to the national grid by 2030, entirely generated through renewable energies. “This...
Which sectors and industries have strong potential for increasing bilateral investment?
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...
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. Hydrocarbons represent 31% of GDP and more than 60% of government revenue. They have also made Algeria a top exporter of...
Algeria occupies a unique place in North Africa and in the last 15 years has exhibited remarkable continuity in an ever-changing and sometimes volatile region. Over the past four years, the Maghreb region – which encompasses Mauritania, Morocco and Western Sahara, Algeria, Tunisia and Libya – has undergone significant changes, ranging from...
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