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Overview

Algeria's bourse upgrades infrastructure and regulations
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Stability has been the order of the day in Algeria’s capital markets of late, with little in the way of new products, listings or other impetus for significant evolution. The authorities’ decision to embark on a programme of non-conventional monetary financing in late 2017 has restored liquidity to the banking system, increasing the availability and reducing the cost of bank lending (see Banking…

Overview

New reinsurance programmes cover natural disasters in emerging markets
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While advanced economies generate the vast majority of insurance and reinsurance business, emerging markets are posting higher rates of growth. Complementing this underlying trend is a strong and expanding interest in catastrophic risk, which by nature tends to pertain to emerging markets. This is coming alongside fast-paced, sector-transforming innovation, which could provide a major boost to industries…
Interview

Abdelghani Zalene, Minister of Public Works and Transport: Interview
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Interview:Abdelghani Zalene What strategy is being implemented to upgrade national transport infrastructure? ABDELGHANI ZALENE: Over the past two decades the sector has been transformed through significant investment in infrastructure, equipment and human resources. These efforts include the expansion of the railway network from 4200 km to 12,500 km, coupled with the installation of up-to-date…
Interview

Li Jian, Assistant President, China State Construction Engineering Corporation (CSCEC); and Chairman, CSCEC Algeria: Interview
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Interview:Li Jian What is Algeria’s potential for the construction sector in the short and medium term, and what challenges do you see arising? LI JIAN: Despite this construction sector’s achievements in recent decades, Algeria’s need for housing and infrastructure remains a priority. The authorities have regularly confirmed their dedication to social development and the improvement of…
Interview

Abdelwahid Temmar, Minister of Housing and Urban Planning: Interview
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Interview:Abdelwahid Temmar How can the housing and urban planning strategy be adapted to address a fast-growing population? ABDELWAHID TEMMAR: Expanding and diversifying the offering of public housing represents a significant challenge to us due to the country’s constantly rising population. To achieve this goal Algeria has implemented a comprehensive strategy throughout the last two decades,…
Interview

Steve Tzikakis, President, SAP South Europe, the Middle East and Africa: Interview
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Interview:Steve Tzikakis What is being done to implement new technologies and know-how into industrial processes? STEVE TZIKAKIS: Algerian companies today are playing on a global stage. To compete, they must continually improve both productivity and efficiency. The good news is that they can now take advantage of the increasing accessibility of innovative technologies. The combination of powerful…
Interview

Samy Laghouati, Partner, Gide Loyrette Nouel: Interview
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Interview:Samy Laghouati Does the Organic Law for Finance Laws indicate progress in implementing a comprehensive framework for public-private partnerships (PPPs)? SAMY LAGHOUATI: Even if we cannot yet talk in terms of a new legal framework dedicated to PPPs, the steps being taken already represent a recognition on the part of the legal system of the principles behind these partnerships, and…
Interview

Amine Sekhri, Country Manager, Roche Algérie: Interview
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Interview: Amine Sekhri How are health care authorities developing partnerships with private entities to develop a stronger and more competent sector? AMINE SEKHRI: Algeria has a rather unique health care system in the region, supported by adequate health care policies that take into consideration the evolution of local epidemiology and the growing burden of non-communicable diseases. Recently, we…
Interview

Tahar Hadjar, Minister of Higher Education and Scientific Research: Interview
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Interview:Tahar Hadjar How is the sector meeting the challenge of a fast-growing student population? TAHAR HADJAR: The sector is in charge of more students every year, with almost 710,000 new enrolments in 2018. For the 2018/19 academic year Algerian universities expect to have more than 1.8m students. Numerous efforts have been taken to expand the university network, and create new infrastructure…
Interview

Abdelkader Benmessaoud, Minister of Tourism and Handicrafts: Interview
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Interview: Abdelkader Benmessaoud How is the national strategy for 2030 being implemented in order to further develop tourism? ABDELKADER BENMESSAOUD: Algerian authorities have the firm intention to make the tourism sector a driver for economic growth. In 2018 all the conditions are in place for take-off. First, stability and security are strong factors of attractiveness. In addition, within a Mediterranean…