ALGERIA’S ECONOMY: OIL DIVERSIFICATION, METRO DELAYS AND A HEALTH

Oil & Gas: Sonatrach’s Diversification Under Pressure Second, geopolitical tensions in the Red Sea—where Iran claimed strikes on U.S. warships and oil tankers—disrupt global shipping routes critical for Algeria’s liquefied gas exports. A 2023 report by the International Energy Agency (IEA) shows Algeria’s LNG shipments to Europe dropped 3.5% in Q1 2024 due to rerouting … Read more

Smotrich’s 1,000-unit settlement gamble risks $1B+ trade war for Algerian

Algerian entrepreneurs with West Bank supply chains face new threats Far-right Israeli Finance Minister Bezalel Smotrich’s announcement of 1,000 new settlement housing units in the occupied West Bank—just days after 12 Western nations pledged trade sanctions—marks a direct challenge to businesses relying on Israeli markets. The move targets Kida and Havat settlements, where 1,665 dunams … Read more

ALRIM Scandal Exposes Algeria’s Risky Business Climate for Foreign Investors

Algeria’s judicial crackdown on corruption at state-owned ALRIM, a subsidiary of IMETAL, has sent shockwaves through the business community. With the Public Prosecutor demanding 10-year prison terms for executives and private contractors accused of siphoning public funds, the case lays bare the systemic risks entrepreneurs—especially foreign investors and the Algerian diaspora—face when navigating Algeria’s state-dominated … Read more

ALGERIA’S ECONOMY: TAX HIKES, CORRUPTION CRACKDOWNS AND SONATRACH’S

TAX BURDENS AND INFORMAL SHIFTS Algeria’s tax code does not yet include a digital tax, but draft reforms under review by the Ministry of Finance could introduce a 5% e-commerce levy by mid-2025. The Algerian Chamber of Commerce (CAC) warns this may discourage foreign direct investment (FDI) in fintech. In 2023, FDI in Algerian digital … Read more

Boeing’s Africa gamble—Algeria’s airlines face a $10B mid-range aircraft

Africa’s commercial fleet is set to explode, doubling from 755 to 1,625 aircraft by 2045—an opportunity worth billions for aviation players. But with Boeing, Airbus, Embraer, and Chinese rivals all positioning themselves as the continent’s go-to supplier, Algeria’s airlines and entrepreneurs must decide who to bet on. Passenger demand fuels a 6.5% annual surge Boeing’s … Read more

Algeria’s deaf students could soon learn from robots—why this tech

Algeria’s education system faces a silent crisis: only 1 in 10 deaf children attend school, according to the Ministry of Education. While Kenya’s ZeroBionic startup just proved robotic sign-language translation works, Algerian entrepreneurs are waking up to a $50 million untapped market—one that could turn social impact into profitable innovation. A classroom revolution—with a Kenyan … Read more

Algeria’s SMEs Strangled by Cash Crunch as Corruption Scandals and Globalstart

Entrepreneurs Face Cash Shortages as New Economic Season Begins The ALRIM corruption case—where 10-year prison terms were sought for officials involved in $1.2 billion in misallocated public funds—has further eroded trust in state-backed financing. Entrepreneurs now rely more on informal networks (38% of respondents) or diaspora remittances (22%), which account for $5.8 billion annually but … Read more

UK-led sanctions on Israeli settlements hit Netanyahu’s trade war

A blow to Israeli exports Twelve Western nations, including Britain, Canada, and France, have imposed trade restrictions on goods from illegal Israeli settlements in the occupied West Bank. The move, announced Tuesday, marks a direct challenge to Prime Minister Benjamin Netanyahu’s government, which has expanded settlement activity despite international condemnation. According to middleeastmonitor.com, the decision … Read more

Strait of Hormuz chaos sparks $1.2B shipping crisis for Algeria’s oil

SONATRACH’s oil tankers face ‘unprecedented delays’ The UN Secretary-General Antonio Guterres warned this week that attacks on shipping in the strait risk “grave consequences for global economic stability”, with 18% of the world’s seaborne oil passing through the narrow waterway. Algerian traders relying on Hormuz for imports—including wheat, fertilizers, and machinery—are already scrambling for alternatives. … Read more

Algeria’s Economic Crossroads: Trade Booms, Taxes Tighten, and Startup

Trade Surge and Industrial Push: China’s $9B Boost vs. Local Constraints For entrepreneurs, this means raw material costs remain volatile—Chinese steel imports surged 18% in Q2, squeezing margins for local metalworkers. Meanwhile, President Tebboune’s order to launch a “one-stop shop” for investors by September 30 aims to streamline permits. Current processing times average 45 days—double … Read more