The Report: Algeria 2017

  • ID: 4471055
  • Country Profile
  • Region: Algeria
  • 202 Pages
  • Oxford Business Group
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  • ABB
  • Bank of Algeria
  • Groupe Général Maritime
  • Mazars Algeria
  • PwC Algeria
  • MORE

A long-term structural shift is underway in the Algerian economy. Having stood at 42% in 2000, the private sector’s economic contribution grew to 70% of GDP by 2015, with economic output increasing four-fold over the same timeframe.

While the government was largely able to attenuate the impact of lower oil prices on its finances by drawing from the oil stabilisation fund, the unveiling of the country’s new economic development plan in 2016 was both a timely response to the challenges posed by the oil price collapse, and an important strategic effort to engender a more diversified, dynamic and self-sufficient economy by 2030.

Note: Product cover images may vary from those shown
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  • ABB
  • Bank of Algeria
  • Groupe Général Maritime
  • Mazars Algeria
  • PwC Algeria
  • MORE


  • Budding oasis: The Saharan country is adapting to changing local and international market conditions
  • Interview: President Abdelaziz Bouteflika
  • Interview: Dmitry Medvedev, Prime Minister of Russia
  • Renewing confidence: Proposed constitutional amendments aim to restore faith in democratic institutions
  • Interview: Angelino Alfano, Minister of Foreign Affairs of Italy
  • Interview: Lord Richard Risby of Haverhill, Special Envoy of the UK Prime Minister in Algeria
  • Favourable ties: New agreements seek to strengthen foreign and trade relations with regional neighbours and countries further abroad


  • A way forward: The government endorses a new long-term approach to combat lower oil prices
  • Fiscal adjustments: Sweeping reforms seek to rebalance the budget as the country adapts to changing revenues
  • Interview: Abderrahmane Raouya, Minister of Finance
  • Interview: Abdelkader Zoukh, Wali of Algiers
  • Targeting diversification: Efforts to lessen dependency on hydrocarbons are well under way, with the state implementing reforms and developing new policy frameworks
  • Interview: Ali Haddad, President, Algerian Business Leaders’ Forum
  • Strength in numbers: Through increasingly supportive frameworks, small and medium sized enterprises are driving growth in nonhydrocarbons components of the economy
  • Business Barometer: Algeria CEO Survey
  • Interview: Samira Hadj Djilani, President, Réseau Algérien des Femmes d’Affaires


  • Imminent changes: Financial system anticipates privatisation, new products and regulatory improvements
  • Viewpoint: Mohamed Loukal, Governor, Bank of Algeria
  • Modern money: The rollout of the first e-payment service is reshaping the sector
  • Interview: Nafa Abrous, CEO, Maghreb Leasing Algérie
  • Religious rules: Sharia-compliant finance works to make its presence felt in a traditionally underserved market
  • On the cusp: More listings and the introduction of new financial products are expected to jump-start the markets
  • Interview: Lazhar Sahbani, Partner, PwC Algeria
  • Market analysis & data provided by PwC
  • Incentivising investment: The stock market can provide promising financing alternatives, but requires further supporting regulations
  • Work in progress: Young residents and low penetration set the foundation for future growth
  • Interview: Mohamed Benarbia, General Manager, Salama Assurances Algeria


  • Unlocking potential: Major investments are focused on increasing sector turnover and enhancing activities along the value chain
  • Interview: Abdelmoumen Ould Kaddour, CEO, Sonatrach
  • Laws of attraction: The government is revising energy regulations with the aim of encouraging foreign investment in the upstream sector
  • Interview: Tobias Becker, Senior Vice-President and Africa Director, ABB
  • Streamlining: Efforts to reduce consumption and boost efficiency are underway
  • Solar ambitions: A renewable energy focus is taking shape with the announcement of a slew of photovoltaic projects


  • Incentivising growth: The government is working to diversify the economy, attract investment and discourage imports
  • Interview: Philippe Monestes, General Manager, Nestlé Algeria
  • Concrete assets: Construction materials are anticipated to become a primary non-hydrocarbons export
  • Automotive to grow: Domestic carmaking is continuing on a promising path
  • Interview: Amine Melouk, General Manager, SAREL
  • Turn of phosphate: Plans put forward to increase mineral and metal production


  • A new approach: Adopting fresh measures to boost sector investment, and increase production and self-sufficiency
  • Interview: Abdelkader Bouazghi, Minister of Agriculture, Rural Development and Fisheries
  • Go large: Focus on mega-farms to speed up development
  • Interview: Abdelwahab Ziani, President, Confédération des Industriels et Producteurs Algériens


  • Building possibilities: The focus remains on transport infrastructure and housing
  • Interview: Abdelghani Zalene, Minister of Public Works and Transport
  • Interview: Rabah Guessoum, CEO, Algerian Industrial Cement Group
  • Stock answers: The government continues to address the housing shortage


  • Peak performance: The development of key projects supports modernisation
  • Interview: Bernard Arkas, Executive Vice-President, Arkas Holding
  • Regional outreach: Work is underway to secure trans-shipment business in the Mediterranean
  • Fostering connectivity: Mobility in major cities will be achieved through the expansion of services and infrastructure
  • Interview: Wissam El Moukahal, CEO, Entreprise de Transport Algérienne par Câbles
  • Navigating logistics: The engineering of new trade facilities and processes will boost competitiveness


  • Making connections: Expansion of data and satellite services to boost connectivity
  • Interview: Riad Hartani, Strategic Technology Adviser, Algiers Smart City project
  • Digital adaptations: ICT development to enhance performance in multiple sectors
  • The right environment: Technoparks, incubators and smart cities provide the sector with a chance to shape the future


  • Stepping up: While the outlook for the sector is positive, challenges remain
  • Interview: Lazhar Bounafaa, CEO, Groupe Hôtellerie Tourisme Thermalisme
  • Welcome expansion: The burgeoning hotel industry is expected to boost visitor numbers and create jobs


  • Shaping up: Updated strategies and prevention programmes raise health indicators, while new reforms aim to ease funding pressures
  • Viewpoint: Mokhtar Hasbellaoui, Minister of Health, Population and Hospital Reform
  • Knuckling down: An overhaul of teaching methods and increased funding to raise the standard of learning at all schooling levels
  • Interview: Mohammed Dib, General Manager, Groupe Général Maritime


  • Gide Loyrette Nouel
  • Laying down the law: A summary of legislation and regulations for investors
  • Viewpoint: Samy Laghouati, Partner, Gide Loyrette Nouel


  • Mazars Algeria
  • The fundamentals: The country’s key tax regulation topics
  • Viewpoint: Samir Hadj Ali, Chartered Accountant and Managing Partner, Mazars Algeria


  • Luxury stays: Accommodation in various cities
  • Listings: A compilation of helpful telephone numbers
  • Facts for visitors: Useful tips for new arrivals
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  • ABB
  • Algerian Industrial Cement Group
  • Algiers Smart City project
  • Arkas Holding
  • Bank of Algeria
  • Confédération des Industriels et Producteurs Algériens
  • Entreprise de Transport Algérienne par Câble
  • Gide Loyrette Nouel
  • Groupe Général Maritime
  • Groupe Hôtellerie Tourisme Thermalisme
  • Maghreb Leasing Algérie
  • Mazars Algeria
  • Nestlé Algeria
  • PwC Algeria
  • Salama Assurances Algeria
  • Sonatrach
Note: Product cover images may vary from those shown
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