As oil output declines and fields mature, state-owned Sonatrach is relying more on Algeria’s extensive gas reserves to maintain exports while meeting growing domestic demand, with gas the focus of its SH2030 Leading the Change transformation strategy. There are two unconventional and offshore exploration wells planned for 2019, seven for 2020 and 12 in 2021 – with half to be carried out by Sonatrach…
In November 2018 the government released a new series of tenders for electricity production from renewable sources. A total of 200 MW of solar capacity is available for development, of which 150 MW can be bid on by international independent power producers (IPPs) in partnership with local firms, while 50 MW are reserved for state-owned utilities operator Sonelgaz. This is a key step in opening up the…
This section includes information on hotels, government offices and other listings, alongside useful tips for visitors on topics like currency, visas, language, communications, dress code, business hours and electricity.…
This chapter introduces the reader to the different aspects of the legal system in Algeria, in partnership with Gide Loyrette Nouel. It also contains an interview Samy Laghouati, Partner, Gide Loyrette Nouel.…
In conjunction with Mazars, this chapter explores the taxation system and Algeria’s efforts to build an investor-friendly environment. It also contains a viewpoint with Samir Hadj Ali, Chartered Accountant and Managing Partner, Mazars Algeria.…
Opportunities to invest in the health care sector continue to increase as the population grows at an annual rate of 2.1%, applying pressure on existing hospital infrastructure, especially in the urban centres where 72% of the population resides. The health infrastructure has made considerable strides in recent years in a number of important areas, nevertheless, there are still challenges in providing…
A diverse land of thermal springs, mountains, historic sites, vast desert and unspoilt Mediterranean coastline, Algeria offers a remarkable variety of activities for travellers. However, a decade-long civil war ending in 2002 and an antiquated transport infrastructure network have curtailed growth in the tourism sector, alongside negative perceptions abroad and a cumbersome visa regime. The flip side…
The Algiers Smart City initiative, established to advance multiple aspects of the tech industry, such as technology transfer, talent mobilisation and cross-sector synergies, demonstrates the benefit of approaching development from a less conventional perspective. Players in IT and other contingent sectors are increasingly aware of the opportunities created by adopting an approach to progress predicated…
Algeria has witnessed significant progress in the development of its ICT sector in recent years. Following strong investment in the recent rollout of key ICT infrastructure, the country has also updated its legal framework and introduced a series of new regulations to accompany growth. While telecoms still dominate the ICT sector, signs of diversification, digitisation and cybersecurity efforts are…
In an effort to meet the infrastructure needs of a growing population and facilitate increasing exports of industrial and agricultural products and minerals, the government sees a robust and stable construction industry as a key component of its vision for the future. Even as the overall economy has slowed, the sector has remained a consistent engine of growth. The building materials segment, which…
