In EnglishAu cours des dix années qui ont suivi le lancement, en 2003, d’un grand chantier de réformes du système éducatif algérien, le pays a mis en œuvre de nombreuses initiatives visant à améliorer les programmes et l’enseignement, récoltant toutefois, bien souvent, des résultats mitigés. Afin de garantir que les réformes existantes produisent l’effet escompté sur le secteur,…
In EnglishDans le cadre d’un programme d’infrastructures qui se chiffre à plusieurs centaines de milliards de dollars, le gouvernement algérien a adopté de nouvelles mesures afin d’encourager une plus grande participation de la part des entreprises locales. Récemment, des amendements ont été apportés au code des marchés publics entré en vigueur en 2010 afin d’introduire de nouvelles…
In EnglishAlors que l’économie Algérienne doit encore faire face à certains problèmes structurels, elle a néanmoins obtenu de bons résultats en 2012, malgré une inflation à la hausse et la récession qui frappe son premier partenaire commercial, l’Europe. Le pays a enregistré une croissance du PIB de 2,6% en 2012 – un chiffre qui se situe dans la moyenne régionale- et devrait poursuivre…
For many, offshore hydrocarbons exploration constitutes perhaps the final oil and gas frontier. Offshore drilling targets deposits trapped beneath the ocean floor – or in some cases beneath inland lakes and seas – which are accessed through wellbores in the seabed. It is the most complex and expensive way of exploiting oil and gas deposits. Wells are drilled from a variety of facilities, including…
Ties between Algeria and the EU are of key importance to both the North African republic and Europe. The EU is Algeria’s most important trading partner by a wide margin, and Algeria represents a crucial supplier of energy, in particular of natural gas, to the bloc. Highlighting the importance of these links, in November 2012, EU High Representative for Foreign Affairs Catherine Ashton described…
which hinders the development of mobile e-banking and restricts wider internet penetration. In neighbouring Morocco, for example, internet penetration has increased rapidly since 3G was launched and the majority of internet subscriptions are now via 3G. The percentage of Algerians using the internet in 2011 stood at just 14%, according to International Telecommunications Union data, compared to 51%…
With the assistance of the UN Development Programme (UNDP), the Algerian government is in the midst of undertaking a major reform initiative to overhaul the stock exchange and boost the level of activity. The history of the initiative dates back several years. Following a series of discussions led by the Ministry of Finance and industry players between 2008 and mid-2009, the government in 2009…
The Algerian banking industry remains dominated by public sector players, though both the public and private sectors have seen profits rise in recent years. Public sector banks have become profitable after a long period of restructuring, while private sector players have benefitted from a series of recent trade reforms and limited competition. PUBLIC BANKS: The public banks control around 85%…
In order to stoke growth following three years of underwhelming performance, central banks around the world have sought to pump liquidity into domestic markets. A variety of extraordinary and one-off measures – which include a combination of asset purchases and loan operations, along with near-zero interest rates – have been used in Europe and the US to encourage an uptick in economic activity,…
exchange expanded to almost $5bn in 2011 and stands to increase further, as Algeria concluded a free trade agreement (FTA) with Brazil in February 2012. RAPID RISE: As elsewhere in Africa, however, it has been China that has risen through the ranks the fastest. The Asian giant has played a key role in sustaining Algeria’s exports in recent years. According to the Ministry of Finance’s 2011…
