Algeria

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While the 2014-17 period saw the effectiveness of the import ban called into question and was marked by a significant drop in oil receipts, recovering commodity prices in 2018 appear to be bolstering both local business sentiment and economic growth prospects. The results of the second OBG Business Barometer: Algeria CEO Survey, gathered...

 

What more can be done to support inclusive economic growth in the Maghreb?

 

Recovering international oil prices and a loosening of the government’s purse strings have afforded Algeria some breathing room after a number of challenging years for the economy. As Africa’s most important gas exporter, Algeria remains highly dependent on the hydrocarbons sector for the majority of its government’s revenues and almost the...

 

Advances in financial technology (fintech) have been slow to arrive to Algeria. A low bank penetration rate remains a significant challenge, notwithstanding substantial progress in recent years (see analysis), as do a cultural preference for cash and the dominance of state-run banks that have little incentive to innovate.

 

With new hotel and tourism developments in the pipeline, Algeria is looking to boost job growth in the industry while developing the skills needed in the labour force. In addition, the 2021 Mediterranean Games are set to give training programmes a timely boost as host city Oran prepares to take centre stage. Indeed, the July 2018 opening of a...

 

How is the national strategy for 2030 being implemented in order to further develop tourism?

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