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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…

Country Report

The Report: Algeria 2012
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The government, flush with revenues from sustained high oil prices, is investing in infrastructure and undertaking initiatives to support business, particularly small and medium-sized enterprises (SMEs). Recent policy has focused to a large extent on limiting imports to boost domestic industry, albeit with mixed results.
Chapter

The Report: Algeria 2012: The Guide
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This section includes an article about archaeological offerings in Algeria, as well as information on hotels, government and other listings, alongside useful tips for visitors on topics like currency, visas, language, communications, dress, business hours and electricity.…

Chapter

The Report: Algeria 2012: Tax
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In conjunction with Mazars, OBG explores the taxation system, examining Algeria’s investor-friendly environment. OBG talks to Samir Hadj Ali, Country Managing Partner, Mazars, on integrating the tax system into the larger regulatory regime.…
Chapter

The Report: Algeria 2012: Telecoms & IT
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Since the liberalisation of the telecommunications sector in 2000, Algeria has become one of the highest teledensity markets on the continent. With a mobile penetration rate nearing 100% and a fixed-line segment at 8% and growing, the sector is on a steady rise with numerous growth opportunities. The mobile market accounts for most of the growth, with a turnover of AD222bn (€2.13bn) in 2010. The…
Chapter

The Report: Algeria 2012: Energy
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Algeria is ranked the fourth-largest producer of crude oil in Africa, with an estimated 12.2bn barrels of proven reserves as of January 2012. The country was also estimated to have 159trn cu feet (tcf) of proven natural gas reserves as of January 2012 and produced 2.83 tcf of natural gas in 2010. Given its substantial reserves, Algeria has maintained its position as a major global player in the hydrocarbons…