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Analysis

Social workers: Boosting the supply of affordable housing units remains a priority
OBG
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Besides focusing on major construction projects aimed at modernising transport links and social infrastructure, a considerable part of Algeria’s recent spending drive has also been directed at enlarging the pool of affordable homes for the growing population. Consecutive years of high oil prices have solidified the country’s fiscal position. This has not only allowed plans for heavy infrastructure…

Analysis

The prodigal sun: Renewables have huge potential for domestic use, and possibly export
OBG
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With electricity consumption rising inexorably, power production almost entirely gas-based and Algeria’s leadership increasingly conscious of the need to husband exportable gas resources, the country is placing ever-greater hopes on renewable sources of energy. This is particularly the case as a means of feeding domestic demand for electricity, but possibly also as a way of diversifying energy…

Analysis

International cooperation: New partners help secure investment and training opportunities
OBG
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Efforts to build up the tourism industry are tied to a wider strategy of diversifying the economy away from hydrocarbons. Almost two decades of low numbers of domestic and foreign tourists highlighted a number of areas for improvement necessary to achieve the government’s ambitions. It was in pursuit of this strategy that prompted the establishment of the National Tourism Development Plan (Schéma…

Analysis

Organic potential: A budding organic segment parallels sector expansion and growth
OBG
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Organic farming in Algeria is still in its infancy although the segment has started to attract more and more interest considering the numerous advantages the country presents for this type of activity. “The delay in developing local production has actually become an advantage for Algeria today,” Djamel Barchiche, communication adviser at the Ministry of Agriculture, told OBG. One of Algeria’s…

Analysis

Prevention and care: As non-communicable diseases rise, the government is investing in new specialist care facilities around the country
OBG
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A rapid increase in cancer prevalence has been seen in Algeria over the last 20 years, which the government is working to combat. The Ministry of Health, Population and Hospital Reform reported over 40,000 new cases in 2012. Prevalence rates have risen from 80 cases per 100,000 people in the 1990s to 120 cases per 100,000 people by 2008, an increase of 50%. The change has been sparked by a number…

Analysis

The future of learning: E-learning is gaining momentum and providing a potential solution to the expected rise in student numbers
OBG
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In the face of continued globalisation and rising competition, keeping up with technological change has become essential. Traditionally, information and communications technology (ICT) usage in Algeria has lagged behind its neighbours in terms of basic indicators, which has begun to create problems in terms of graduate employability. To ensure people acquire the necessary IT skills to compete in…

Overview

A key resource: Hydrocarbons production continues to play a crucial role in the economy
OBG
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Since the country gained independence more than 50 years ago, Algeria’s economy has evolved significantly, but it has only been in recent years that its heft as an investment destination has tangibly changed, and for the better. Algeria has been following something of a contrary approach to much of the rest of the world over the past few years. Even as the global economy has struggled, Algeria…

Overview

Digging deep: With large tracts of the country unexplored, the best may be yet to come
OBG
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In terms of performance and, particularly, potential, Algeria is a major player in hydrocarbons. According to BP’s “Statistical Review of World Energy 2013” (SRWE), it ranked 15th among the world’s oil producers in 2012, with output of almost 1.7m barrels per day (bpd), 1.8% of the global total. Its performance in natural gas ranked it ninth, with marketed gas at 81.5bn cu metres (bcm)…

Overview

Steady going: The country maintains relative economic and political stability in a quickly changing regional environment
OBG
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Even amidst the constant change that now characterises North Africa, Algeria has charted a path of relative stability. This is largely due to its natural riches, with a vast array of oil and gas resources, that have made Algeria the fourth-largest economy on the continent after South Africa, Nigeria and Egypt, and the second-largest in North Africa. Those same hydrocarbons reserves currently…

Overview

Call for manufacturers: Authorities seek to increase the sector’s weight and establish new industrial clusters
OBG
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After decades of heavy dependence on hydrocarbons exports, Algeria has been working to increase value-added activity and local manufacturing, reduce its import bill, provide a buffer against commodity volatility and create more employment opportunities. GROWTH ORIENTED: Key segments such as pharmaceuticals, construction materials and agro-industry, have seen a steady expansion in recent years…