Algeria’s Paris festival marked a deliberate shift in its diplomatic approach. The event, held at the Institut du Monde Arabe, was the first major public diplomacy initiative in France since tensions peaked in 2022. Organized by the Algerian Ministry of Culture, it combined cultural performances with economic discussions. Algerian artists like Soolking and Souad Massi … Read more
Algeria’s recent tensions with the United Arab Emirates over alleged election interference are sending ripples through the business community, raising concerns among local and diaspora entrepreneurs about foreign influence in domestic politics. The row began when Algeria’s government publicly accused Abu Dhabi of meddling in its 2025 presidential elections, a claim denied by UAE officials. … Read more
Economic signals: Oil, gas and foreign investment In related infrastructure, Sonatrach’s desalination initiative, led by its newly formed Desalination Division, aims to add 1.2 million cubic meters per day of treated water capacity by 2030. Three new plants are under construction in Oran, Mostaganem and Béchar, with a combined investment of $1.8 billion. The program … Read more
Algeria has taken a step toward strengthening its digital infrastructure with the launch of its first AI-focused High-Performance Computing (HPC) center in Oran, according to AL24 News. The facility is positioned to support research, innovation, and economic growth tied to artificial intelligence and machine learning in the country. The new center is located at the … Read more
Algeria’s recent pivot to Mediterranean offshore exploration marks one of the boldest gambles in the country’s energy history—a move that could reshape not only its own economic future but also the opportunities available to local entrepreneurs and the Algerian diaspora. The push comes as state-owned energy giant SONATRACH embarks on a new licensing round for … Read more
This week’s developments in Algeria span infrastructure expansion, economic warnings, security operations, and sector-specific shifts. The government advanced transport and energy projects while the IMF highlighted structural economic weaknesses. Tourism and food security faced setbacks. Entrepreneurs and investors saw new opportunities in mining, energy, and construction, but regulatory and macroeconomic risks persisted. Infrastructure and transport: … Read more
Algeria’s economy is entering a new phase of industrial and logistical transformation through a series of strategic investments with China, according to Eurasia Review. The agreements, focused on modernising port infrastructure and expanding industrial zones, are set to alter trade flows, reduce costs for local manufacturers, and create fresh opportunities for entrepreneurs and the Algerian … Read more
Algeria’s state-owned energy giant Sonatrach recently exported its first liquefied natural gas cargo to Germany, marking a strategic pivot in its European market strategy and opening new revenue streams for the national oil company. The shipment, loaded at the Arzew liquefaction terminal in western Algeria, arrived in Germany this week, according to Egypt Oil & … Read more
Energy and industrial strategy: capacity expansions and new projects In parallel, Algeria and Turkey agreed to expand bilateral trade during a meeting in Ankara. Trade volume reached $5.1 billion in 2023, up 22% year-on-year, with Algerian exports—primarily hydrocarbons and phosphates—accounting for 83% of the total. Turkish firms are involved in several Algerian infrastructure projects, including … Read more
Yassir, Algeria’s ride-hailing and delivery platform, has become the first Algerian startup to join Y Combinator’s accelerator program, according to MENAbytes. The funding and mentorship from the Silicon Valley powerhouse marks a milestone for Algeria’s tech ecosystem and offers validation for the country’s growing startup scene. Founded in 2017 by Algerian entrepreneur Karam Bouaziz and … Read more