Discover significant opportunities for your business in Algeria
The embassy’s Trade and Investment
section focuses its efforts on attracting partnership and investments in the
following key areas:
A vibrant market at the heart of the Maghreb
Algeria is a modern,
open market with demographic power. In addition to its impressive size,
geostrategic location on the Mediterranean Sea, with proximity to Europe and
favourable business climate, the country is the largest economy in the Maghreb
and fourth in Africa. It is offers direct access to European, African and Arab markets
Young, qualified and productive human resources
Besides having a high number of young people bursting with ideas and ambitious, with 70% of 44.62 million (2021) being under 30 years of age, the Algerian workforce is educated, highly skilled and productive. Algeria is investing in the formation of human capital through sustained improvements of its education system. There are 109 higher education institutions of which 54 universities and an adult literacy rate of 81.41% in 2018, according to the UNESCO Institute for Statistics.
A land of natural resources natural
Algeria is blessed with abundant natural resources including petroleum, natural gas, iron ore, phosphates, uranium, lead, and zinc among others. With its large reserves, Algeria is among the leading oil producers and exporters worldwide. It is the third largest supplier of natural gas to Europe after Russia and Norway, it is also, nevertheless, rich in solar energy
Algeria is a dynamic and entrepreneurial country with great opportunities for investors. Its innovative and entrepreneurial-friendly environment help businesses regardless of size to expand and thrive. In an effort to boost its economy, Algeria is putting in place policies and actions to promote a more entrepreneurial society and help innovative start-ups benefit from an extensive network of incubators. Foreign investors and local entrepreneurs can build foundation for new businesses in Algeria.
Modern Transport Infrastructure
Algeria has a good combination of infrastructure components to facilitate the movement of people and goods around the country in simple, affordable ways. Transport is facilitated with road, air, rail, and port networks. The country’s road network is one of the densest in Africa, with 112039 km of roads and highways (40th network World, 3rd in Africa) including 29 573 km of national roads. A modern rail network linking different cities spans 4560 km of which 4200 km are currently in use.
Moreover, Algeria has 36 airports of which 16 international, 11 major well equipped commercial sea ports, including Algiers, Bejaia and Oran and a dense network of frequent-bus routes. Also, Tramway systems are an increasingly popular way to enhance urban transportation in several Algerian cities.
Advanced Telecom Infrastructure
Algeria has advanced IT and telecom facilities and the government has been proactive in its efforts to transform the country into a global telecommunication hub. Companies located in Algeria benefit from an advanced, high quality and reliable communications infrastructure, including high-speed network coverage. Broadband communications and telecoms networks are rolled out by public and private operators.
Good quality of life
Algeria is a favourable destination for expats because it has a lot to offer. To live and work in the country is to enjoy a friendly, hospitable environment and pleasant living conditions that reconcile tradition and modernism. The CEOWORLD magazine ranked Algeria as the number one country in Africa in 2021 for Quality of Life with a score of 80.96 across 10 key categories namely Affordability, Economic stability, Family-friendly, Job market, Income equality, Political neutrality and stability, Safety, Cultural influence, Well-developed public education system, and Well-developed public health system.
Besides its colourful, vibrant and rich cuisine, Algeria’s Mediterranean climate offers a generous quality of sunshine throughout the year, as well as diverse mesmerizing landscapes ranging from mountains, cliffs, golden beaches and pleasure ports in the north to sand dunes, palms and oases in the south.