Discover significant opportunities for your business in Algeria
Algeria’s total land area coverage is 238174100 million hectares (ha) of which 41.4 million hectares of agricultural land (17.4% of the territory) and 8.4 million hectares of Utilised Agricultural Land (UAL). Agriculture has long been a critical pillar of Algeria’ economy, strengthened by the rich natural conditions
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Having a maritime vocation, Algeria benefits from a coastline extending around 1200 km along the Mediterranean Sea and roughly 9.5 million hectares dedicated to fishing, demonstrate the country’s potential for fisheries production. The fishing sector is a vital component of the Algerian.
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Algeria is one the largest pharmaceutical market in North Africa and one of the leading pharmaceutical producers in the continent. The creation of the Ministry of Pharmaceutical Industry (MOPI) and the National Agency for Pharmaceutical Products (ANPP) provide the regulatory framework for the sector and boost local production
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Because of its location on the Mediterranean Sea, Algeria is opportune not only to trade, but also to tourism. The country boasts numerous and diverse attractions that lend it undeniable potential as a tourist destination, including rich cultural heritage, seven of which are included
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Algeria’s Information and Communications Technology (ICT) sector is dynamic and serves as the pillar of the country’s digital transformation program in different sectors, including transport and logistics, financial services, industry and manufacturing, health and customer service.
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Located in the solar belt region, Algeria holds a tremendous potential in terms of renewable energy, mostly focused on wind and solar energy resources. It enjoys more than 3,000 hours of sunshine annually, especially in the Sahara region, making it one of the countries with the highest solar radiation levels in the world; this solar potential is estimated at 169,440 GWh/year.
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The Algerian agri-food industry is of extraordinary diversity, relying not only on major groups and well-known brands, but also on many SME. Today the food industry is on an upward trajectory and outlook for the future is bright promising. Between demographic growth (2% per year) and gain in purchasing power
Read MoreIf you are interested in exploring investment opportunities and business environment in Algeria, get in touch with our economic section