How Algeria is Crafting a Dynamic Economy for Tomorrow

As the Algerian economy embarks on a historic transition, the World Bank publishes a detailed report on the country's progress, persistent challenges and prospects for economic diversification. In a gradual break with its dependence on hydrocarbons, Algeria is embarking on an ambitious transformation, supported by institutional reforms and partnerships. Historically dependent on oil and gas revenues, Algeria still recently drew more than 90% of …

How Algeria is Crafting a Dynamic Economy for Tomorrow

As the first light breaks over the Port of Algiers, cranes hum to life above stacks of containers. “A decade ago, 90% of these ships carried oil and gas,” remarks a port worker, gesturing toward vessels being loaded with fertilizers, steel coils, and crates of dates. “Now, you can see the change in what we export—it’s more […]

Eni Algeria Output Record Amid $9bn Investment Pledge

Eni extended its lead as Algeria’s top foreign producer in 2024, with more to come. But its most recent purchase, Touat, appears to be underperforming 400m...