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TheAfrica Business Opportunities Dashboard is an award-winning free digital platform with millions of impressions that allows you to promote your own business, make “calls for business” or look for business and investment opportunities in Africa. Business Opportunities that have been uploaded to our Africa Business Opportunity Dashboard will be promoted to global users of our Africa Business Community using our proven technology. Want investment, or to find a business partner, are you selling real estate etc, do you have goods, products or services you want to promote? If so our Africa Business Opportunities Dashboard is for you. View some of the business opportunities uploaded by our Africa Business Communityhere. Institutional Investors looking for investment can add themselves to our closed AFSIC African Investments Dashboard – after you have uploaded information about your investment opportunity we can send it directly into the inbox of many of Africa’s most important investors. To benefit from any of these options join our Africa Business Community today FREE !
Our team runs AFSIC – Investing in Africa, perhaps Africa’s most important investment event. To keep updated on AFSIC and forthcoming business and investment trips to Algeria please Subscribe to our Mailers below.
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Knowledge
Country overview: Algeria is located in North Africa. It shares its borders with Libya and Tunisia on the east, Morocco, Western Sahara and Mauritania on the west and Mali and Niger on the south. It gained independence from France on 5 July 1962. Its capital is Algiers and the country has 48 Provinces (Wilayas). It is a multiparty republic with its President sitting as the Head of State and government. It runs a bicameral parliamentary system of government. Major languages in the country include Arabic, French and Berber with Islam as the major religion. It has a mixed legal system of French civil law and Islamic law. It has an area size of 2.4 million sq km. Bordered by the Mediterranean Sea on the north, Algeria serves as a gateway between Africa and Europe.
Demographic Information: Algeria has an estimated population of 40 million comprising mostly of younger population (less than 19 years) which makes up about 39% of the population, those in the age bracket of 19-65 years makes up of about 56% of the population and above 65 years age group makes up of about 5% of the population. Average population density is estimated at 16.08 inhabitants/km2. In terms of human development indicators, it has a life expectancy of 75 years (Women) and 72 years (Men). It achieved universal primary education with a 98% Primary enrolment rate, 97% secondary education enrolment rates in 2015 and overall literacy level of 86% as at 2015.
Broad Economic Overview: The mainstay of Algeria’s economy is Hydrocarbon (Oil & Natural gas) as it constitutes about 40-45% of the country’s GDP. It is the 6th largest exporter of gas in the world and ranks 10th in terms of largest reserves of natural gas globally. It also boasts of large shale gas reserves ranking 3rd in the in the world. In addition, Algeria has huge deposits of phosphate, Zinc, Gold, Uranium, iron, Tungsten, Kaolin etc. The country achieved a 2.8% compound growth in GDP over 5 years period with strong contribution from Oil and gas sector. Non-Oil and gas sectors growth remains modest with Agriculture and services sectors gaining increasing contribution to GDP. The main export includes oil and gas, derivatives of hydrocarbons, foodstuffs, non-alimentary goods and industrial capital goods. Major imports include iron or steel products, capital goods, engines, pumps, Machines, electronic equipment, foodstuffs, and consumer goods.
Investment Opportunities: Persistent moderation in the global oil price has necessitated a drive by the Algerian authorities to diversify its economic base. It has devised an ambitious structural reforms plan meant to boost transparency, improve governance, reform pension system, streamline business regulation and modernize its financial sector. The country is seeking to develop its non-hydrocarbon resources and has opportunities in various sectors such as Agriculture, Fishing, Tourism, Renewable Energy, Transport, Health, ICT Sectors and Mining.
Invest Algeria – Doing Business in Algeria Contacts
Name
Job Title
Company Name
Business service Provided
Contact
Walid Hareb Alfalahi
Ceo
UAE Trade Center
NA
Dan Gerstenfeld
Co-Founder
Israel4Africa
NA
McKenzie Penton
Director of Events & Business Development
Invest in the USA
Trade Association
Nara Pires
Communication Director
AFroChamber
Chamber of Commerce
John Paterson
Chairman
Scottish Africa Business Association
Regional Trade Organisation
Michael Mills
Climate Finance Adviser
UK Department for Business, Energy & Industrial Strategy (BEIS)
Government Official
Ivy Ziqian Wang
Operations Manager
Australia Africa Chamber of Commerce
NA
Elise Donovan
Chief Executive Officer
BVI Finance
Financial Services
Allan Wood
Jersey Finance
NGO
David Smith
British African Business Alliance Ltd
Chamber of Commerce
Olga Maitland
Chairman
Algeria British Business Council
Chamber of Commerce
Ekaterine Maisuradze
chairman
Georgia & Asia-Africa Chamber of commerce
Trade and Investment Promotion Agency;Chamber of Commerce;Regional Trade Organisation;Trade Association;Investor - Personal;Investor - Institutional;Import/Export;Educationalist
Prof. Manuel Pereira
President of the Board of Governors
EUCED - Instituição Europeia de Cooperação Económica e Desenvolvimento, AEIE / European Network for Economic Cooperation and Development, EEIG
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