This week, OkayAfrica published an analysis titled Algeria’s Significant Role in Africa’s Wars of Liberation, detailing how Algiers became a hub for anti-colonial movements across the continent. The article highlights that between 1954 and 1975, Algeria provided training, funding, and diplomatic support to liberation groups from Angola, Mozambique, South Africa, and Zimbabwe. The Front de … Read more
A Cultural and Economic Boost for Algiers’ Creative Industries The 26th European Music Festival, scheduled for June 13–16 in Algiers, will once again position the capital as a key cultural destination in the Mediterranean. Organized annually by the Algerian Ministry of Culture and Arts in collaboration with European cultural institutes, the event brings together musicians, … Read more
Algeria’s energy minister Mohamed Arkab announced this week a $60 billion investment plan spanning the next five years, marking the country’s largest financial commitment to its energy sector in decades. The plan, revealed in an interview with Reuters, targets both hydrocarbons and renewables, with a clear emphasis on solar and green hydrogen. For entrepreneurs and … Read more
Recap: Three trends dominate the week Agriculture faced acute stress. Drought halted livestock herding in southern regions. Wildfires in northern Algeria and Tunisia destroyed farmland and forced evacuations. Civil society and human rights drew international scrutiny. The UN condemned the deportation of activist Nassera Dutour and the abduction of an Algerian refugee in Tunisia. Reports … Read more
Algeria’s National Organisation of Mujahidin (ONM) has quietly expanded its influence beyond its original mandate as a veterans’ group. Today, it operates as a semi-autonomous financial powerhouse, directing substantial resources toward small and medium-sized enterprises (SMEs) across the country. The organisation’s funding mechanisms—grants, low-interest loans, and in-kind support—now rival those of the state, reshaping the … Read more
Algeria’s economic agenda this week prioritized diversification, energy export strategies, and regulatory adjustments. Diplomatic engagements with Europe and Africa underscored energy supply negotiations, while domestic policy shifts targeted foreign investment and industrial expansion. Hydrocarbon licensing rounds and Saharan development projects signaled long-term resource planning. Entrepreneurs should note regulatory changes affecting tax obligations, new market access … Read more
Algeria’s state-owned energy giant Sonatrach has approved a $5.4 billion oil exploration and production deal with Midad Energy, a subsidiary of Algeria’s national oil company, according to Arabian Gulf Business Insight | AGBI. The agreement marks one of Algeria’s largest foreign investment ventures in hydrocarbons this year, targeting unconventional oil reserves in the Berkine Basin. … Read more
Algeria’s recent decision to close its airspace to all Moroccan planes has far-reaching economic consequences for entrepreneurs, business founders and the Algerian diaspora. The move, taken weeks after the latest Western Sahara flare-up at the UN, stops nearly 60 weekly flights and cuts one of the Maghreb’s busiest commercial links. Morocco-bound passengers and cargo flights … Read more
Energy and foreign investment: Algeria courts new bids despite export pressure Algeria opened a new international oil and gas licensing round on 12 June, targeting 10 blocks in the Sahara. The move follows a 4.8% year-on-year decline in hydrocarbon exports in Q1 2024 (USD 7.1 bn vs USD 7.4 bn in Q1 2023), according to … Read more
Algeria’s informal job market struggles to absorb young workers according to Middle East Research and Information Project. New data shows the country’s hinterland cities like Béchar and Tlemcen remain trapped in cycles of underemployment despite government programs launched in 2020. Entrepreneurs in these zones say public support arrives late, if at all, while informal networks … Read more