The hydrocarbons sector continues to absorb the lion’s share of foreign direct investment (FDI), but in recent years the government has sought to channel inflows into the non-oil sector in a bid to encourage greater diversification, increase job creation and strengthen export revenues.
Articles & Analysis | Efforts to seek out foreign investors to contribute technology and transfer knowledge from The Report: Algeria 2014
Interviews & Viewpoints | President Abdelaziz Bouteflika on investing for the future from The Report: Algeria 2014
In recent years Algeria has achieved real progress on both the social and economic fronts and has tangible results to show for it – particularly in agricultural and rural development where, in terms of both the scale and scope of initiatives, we have seen significant leaps forward. In the fields of industry and services, investment promotion policies have led not only to...
Interviews & Viewpoints | Jean-Marc Ayrault, Former Prime Minister of France, on strengthening the relationship between France and Algeria from The Report: Algeria 2014
Franco-Algerian relations have evolved positively since President François Hollande’s visit in 2012. This does not mean that both countries have overcome their issues, but I believe relations are heading in a new direction and in a new context. We have turned a corner and, as President Hollande said, we do not have to sidestep the reality behind Algeria and France’s...
Articles & Analysis | Political institutions working to adapt to a new context from The Report: Algeria 2014
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 modest constitutional...
Articles & Analysis | Oil prices offer new impetus to develop the non-hydrocarbons economy from The Report: Algeria 2014
In many senses, Algeria finds itself in a strong economic position, particularly when compared with its regional neighbours. It holds the fourth-largest oil reserves and the second-largest natural gas reserves in Africa. After years of sustained high oil prices and a comparatively prudent fiscal policy – albeit balanced on a high breakeven price – it has built up...