Country Overview
Algeria, located in North Africa, is a major player in the global energy market, with significant oil and natural gas reserves. The economy is heavily reliant on hydrocarbon exports.
The government is pursuing efforts to diversify the economy away from oil and gas, promoting investment in sectors like manufacturing, agriculture, and renewable energy.
Key Facts
Capital City
Algiers
Population
45 Million (2023 est.)
Currency
Algerian Dinar (DZD)
Official Language
Arabic, Tamazight
Location & Geography
Algeria is strategically located, offering unique geographical advantages.
- Largest country in Africa by land area
- Mediterranean coastline
- Significant Sahara Desert region
Economic Indicators
GDP (2023 est.)
$195B
GDP Per Capita (2023 est.)
$4,333
FDI Inflow (2023)
$1.2B
Inflation Rate (2023 avg)
9.3%
Sector Analysis
Oil and Gas
The dominant sector and primary source of export revenue.
Key Investment Areas:
- Enhanced oil recovery
- Gas exploration
- Petrochemicals
Renewable Energy
Ambitious targets for solar energy development.
Key Investment Areas:
- Solar PV projects
- Wind farms
- Local manufacturing of components
Agriculture
Focus on increasing food self-sufficiency.
Key Investment Areas:
- Irrigation projects
- Modern farming techniques
- Food processing
Sector Growth Comparison
Fastest Growing Sectors
Why Invest in Algeria?
Large hydrocarbon reserves
Strategic location for Europe
Government push for diversification
Untapped renewable energy potential
Featured Investment Projects in Algeria
EnergyTrans-Saharan Gas Pipeline
Major pipeline project to transport natural gas to Europe via Niger and Nigeria.
Investment Required
Multi-Billion
Expected ROI
N/A
Infrastructure & ConstructionEl Hamdania Port
Development of a new deep-water port to serve as a transshipment hub.
Investment Required
$3.5 Billion
Expected ROI
N/A
Business Climate & Incentives
Investment Climate
Algeria presents opportunities in its diversification drive, but investors may face bureaucratic challenges and foreign ownership restrictions in some sectors.
Economic Diversification
Government focus on non-hydrocarbon sectors creates new avenues.
Investment Incentives
ANDI Support
The National Agency of Investment Development offers various incentives and support.
Investment Process Timeline
ANDI Registration
Register investment projects with ANDI.
Timeframe: 4-8 weeks
Ready to Invest in Algeria?
Our team can provide you with detailed information, connect you with local partners, and guide you through the investment process.