THE COMPANY: NCA Rouiba was created in 1966 and began its activities with the production of canned food. Twenty years later the company began producing fruit-based beverages before expanding operations to ultra-high temperature processed milk in 2004. In 2005 the company opened up its capital to a foreign investment fund, AfricInvest,...
Articles & Analysis | Food & beverage from The Report: Algeria 2014
Articles & Analysis | The sector’s characteristic steadiness is set to be shored up by a new regulatory framework from The Report: Algeria 2014
The banking industry in Algeria is characterised by a high level of stability and ample liquidity, which owe much to the country’s robust hydrocarbons revenues. Lending to the economy has been growing strongly, albeit from a low base, and while intermediation rates are low, plans to relax a government ban on consumer credit and launch a new credit registry in 2015 should...
Articles & Analysis | Pharmaceuticals from The Report: Algeria 2014
THE COMPANY: SAIDAL Group was created in 1982, following the restructuring of the Pharmacie Centrale Algérienne. The company’s initial operations started in the factories of El Harrach, Dar El Beïda and Gué de Constantine. In 1988 SAIDAL was given the antibiotic complex designed by the Société Nationale des Industries Chimiques....
Interviews & Viewpoints | Mohammed Laksaci, Governor, Bank of Algeria, on financial inclusion from The Report: Algeria 2014
Financial inclusion offers people without access to banking and financial services the opportunity for a minimum level of access to these products. As a matter of fact, it also contributes to their integration into the economy, the promotion of growth, more inclusive development, the reduction of poverty and the reinforcement of social cohesion.
Articles & Analysis | Hospitality from The Report: Algeria 2014
THE COMPANY: The Entreprise de Gestion Hôtelière El Aurassi (EGH El Aurassi) is a hotel management company. It comprises four hotels, the Hôtel El Aurassi Hotel, a five-star hotel in the centre of Algiers, and three others facilities located in southern Algeria: Hôtel Rym in Béni-Abbès, Hôtel El Mehri in Ouargla, and Hôtel El Boustene...
Articles & Analysis | Return of consumer credit and reinsurance reforms promise growth from The Report: Algeria 2014
The Algerian insurance market is underdeveloped by regional standards, with penetration particularly low in the life segment; however, the sector has witnessed strong expansion in recent years. Life insurers have posted especially robust growth since early 2013, and companies are seeking to develop new niches, such as health insurance, targeted at individuals....