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Interview

OBG talks to Rachid Benaissa, Minister for Agriculture and Rural Development
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Interview: Rachid Benaissa What mechanisms are in place to secure product offers and ensure incomes to producers? RACHID BENAISSA: Financial, regulatory, managerial and organisational mechanisms have been implemented and are constantly assessed, reinforced and consolidated. There is a system in place to ensure smooth operation and regulate the industry of major agricultural staples. The Regulation…
Interview

OBG talks to Abdelaziz Ziari, Minister of Health, Population and Hospital Reform
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Interview: Abdelaziz Ziari How developed is the local biotech sector? ABDELAZIZ ZIARI: Biotechnology is still in its infancy in Algeria. While certain basic research projects are under way at the Pasteur Institute in Algeria and a few university hospitals, they are almost exclusively academic and not followed by a real valuation. In addition, in most cases no industrial applications have been made…
Interview

OBG talks to Karim Cherif, President, National Federation of Algerian Hôteliers, and Managing Director, Eden Hotels
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Interview: Karim Cherif What measures are needed for Algeria to take advantage of its tourism potential? KARIM CHERIF: It is, of course, important for Algeria to diversify its resources to strengthen its tourist potential. These resources, however, can only generate value if they are optimised by a strategic policy based across various sectors of the economy. Algeria currently has more than 1220…
Interview

OBG talks to Mohamed Laid Benamor, General Manager, Amor Benamor
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Interview: Mohamed Laid Benamor What can be done to further promote partnerships that increase the volume of exports? MOHAMED LAID BENAMOR: Partnerships will indeed help to reduce imports and improve food security by diversifying farm production and promoting sustainable exploitation of resources. They will also encourage the private sector to take advantage of abundant opportunities in food processing,…
Interview

OBG talks to Mohamed Benmeradi, Minister of Tourism
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Interview: Mohamed Benmeradi What initiatives are taking place to align training with the demands of the job market? MOHAMED BENMERADI: In 2011 we established a national educational map based on the specific needs of each region, taking into account location, climate and infrastructure, among others. We are identifying our training needs according to what lessons we can learn from the initiatives…
Interview

OBG talks to Farid Benhadji, CEO, Manal
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Interview: Farid Benhadji What are the plans for the development of phosphate production going forward? FARID BENHADJI: Algeria has a host of mineral substances, including phosphates. Despite efforts by companies in charge of geological mapping and mineral research, most resources remain largely untapped and the mining sector is underexplored. Algeria is a relatively small phosphate supplier, but…
Interview

OBG talks to Chérif Rahmani, Minister of Industry, Small and Medium-Sized Enterprises (SMEs), and Investment Promotion
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Interview: Chérif Rahmani What projects are being developed in the steel, electronics and textile industries? CHERIF RAHMANI: To boost these sectors, a programme was initiated for the establishment of a network of technical centres to cover and assist the main industrial activities. A number of areas are in the study stage of profitability and a technical centre for textiles and leathers is being…
Interview

OBG talks to Jean-Laurent Granier, CEO Mediterranean-Latin American region, Axa Assurances
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Interview: Jean-Laurent Granier How do you explain the relatively low penetration rate in Algeria, and what steps need to be taken to energise the local market? JEAN-LAURENT GRANIER: In regional and global terms, the Algerian insurance market is small. Indeed, despite sustained growth and the evident advancement of the sector, the 1% penetration rate remains below that recorded by neighbouring countries.…
Viewpoint

Mohammed Laksaci, Governor, Bank of Algeria, on the stability of the domestic banking sector
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In addition to reforms made to the country’s monetary policy framework, the new legal measures relating to money and credit taken in 2010 (order no. 10-01 of August 26, 2010) have strengthened the legal anchoring of financial stability as an explicit mission of the Bank of Algeria. The measures taken in 2008 regarding the increase in minimum capital for banks and other financial institutions, as…
Viewpoint

Samir Hadj Ali, Country Managing Partner, Mazars, on integrating the tax system into the larger regulatory regime
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Among the laws and regulations that have an impact on investment, tax laws and amendments introduced through finance acts are the easiest way to implement policies and meet goals that have been set by the government. By making adjustments to tax policies, these measures can be effective relatively quickly. This is why an ongoing re-structuring of the tax system is among the best and the most efficient…