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Consultative meeting between the Algerian Investment Promotion Agency and the Algerian Economic Renewal Council

30 September 2025

The Algerian Investment Promotion Agency and the Algerian Economic Renewal Council held a consultative meeting on Tuesday, 30 September 2025, co-chaired by the Director General of the Agency, Mr Omar Rekkache, and the President of the Council, Mr Kamal Moula.

The meeting was attended by officials from the Algerian Investment Promotion Agency, directors of the decentralised one-stop shops of certain provinces, and members of the Algerian Economic Renewal Council and its regional directors.

This meeting is part of the regular meetings between the two parties aimed at coordinating with actors in the investment ecosystem and provide the appropriate conditions and guarantees for investors and economic operators to implement their projects and enhance their competitiveness.

This meeting also aligned with the economic momentum generated by the African Intra-Trade Fair, recently held in Algeria, where Algerian institutions won the lion’s share of commercial contracts and investment agreements, with a view to supporting them in the implementation of their projects and simplifying the related procedures.

It also aims to identify the obstacles and barriers facing economic operators and ensure that they are addressed in a timely manner.

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On the occasion of the Information Day on the Current Status and Prospects of Investment in Blida Province “Granting of Economic Land Concession Contracts for the Implementation of Investment Projects”

30 September 2025

On Tuesday, 30 September 2025, the Director General of the Algerian Investment Promotion Agency, Mr. Omar Rekkache, along with the Governor of Blida, Mr. Ibrahim Ouchane, and the President of the Algerian Economic Renewal Council, Mr. Kamal Moula, oversaw the handover of economic land concession contracts for the implementation of investment projects in the province.

These contracts were handed over during an information session on the current status and prospects of investment in the province of Blida, which was attended by local authorities, employers’ organisations, representatives of departments and sectors involved in investment, banks and local investors from the province of Blida and neighbouring provinces.

The following projects are concerned:                                                                     

  • SARL Medica Industrie Algérie for a project to manufacture basic chemical products for pharmaceutical use, with an annual production capacity of 31,000 kg, creating 220 direct jobs;
  • SARL Alivol to implement a project for the manufacture of animal feed products with an estimated production capacity of 168,960 tonnes/year, creating 150 direct jobs.
  • SARL Laboratoires Terrena to implement a project for the manufacture and processing of plant-based health products for agricultural and domestic use, with an annual production capacity of over 2,400 tonnes/year of various types of pesticides, creating 105 jobs.
  • EURL Soni Five to implement a project for the manufacture of electrical and electronic appliances with an annual production capacity equivalent to 400 tonnes of box wires and accessories, 150 tonnes of power cables, 200,000 filters, 150,000 resistors, 150,000 thermostats and 20,000 compressors. This project will create 165 jobs.
  • Individuelle Kiram Adel to carry out a wood and aluminium joinery project with an annual production capacity of 65,500 units per year of various types of interior and exterior doors, creating 103 jobs.
  • SARL Hariz Promo to carry out a wood and aluminium joinery project with a production capacity of 95,000 units per year, creating 104 jobs.
  • SARL Alliola Papers for the completion of a packaging materials manufacturing project with an annual production capacity of 1,700 tonnes, creating 102 jobs.
  • SARL Frères Bamoune Solutions for the completion of an industrial machinery manufacturing project with a production capacity of 240 units per year, creating 50 jobs.
  • SARL Reimaa Réalisation Immobilière et Activités Annexes to carry out a leisure project with a capacity of 200 people/day and create 75 jobs.
  • SARL Etka Power Company to carry out a project for the manufacture of electrical machinery and equipment and solar energy equipment with a production capacity of 10,000 units/year.
  • SARL Brothers International Trading to carry out a project for the manufacture of fruit and vegetable preserves with a production capacity of 3,744,000 units/year, creating 103 jobs.

Mr. Rekkache explained that these projects will contribute to the creation of 1,377 direct jobs, which confirms the dynamism of the province and its readiness to embrace quality projects that serve local and national development.

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Organised by the Algerian Investment Promotion Agency and the Province of Blida “Information day on the status and prospects of investment in the province of Blida”

30 September 2025

On Tuesday, 30 September 2025, the Algerian Investment Promotion Agency, in collaboration with the Blida provincial authorities, organised an Information Day focused on the current state and future prospects of investment in the province.

The event was officially opened by the Director General of the Algerian Investment Promotion Agency, Mr. Omar Rekkache, the Wali of Blida, Mr. Ibrahim Ouchane, and the President of the Economic Renewal Council, Mr. Kamal Moula, in the presence of local authorities, business associations, representatives from relevant ministries and sectors, banks, and investors from Blida and neighbouring provinces.

The aim of this day is to highlight the potentials and assets that distinguish the province of Blida and make it an investment hub, as well as the future challenges it faces.

In his speech at the opening of this information day, Mr. Rekkache highlighted the significant investment activity in the province of Blida, where 533 investment projects have been registered at the decentralised one-stop shop in Blida, including new investments and expansion projects, with the creation of 16,160 direct jobs expected.

In this regard, he commended the considerable efforts made by local authorities to stimulate economic activity in the province, support economic operators and remove obstacles to their activities.

Mr. Rekkache affirmed the agency’s commitment to working in coordination with local authorities to provide additional real estate facilities aimed at boosting activities in the food processing industries, given their pivotal role in creating added value, ensuring food security, and opening up new export opportunities.

The Director General also touched on the results of investment at the national level, where the agency has registered more than 17,000 projects, expected to provide around 420,000 direct jobs, stressing that the biggest challenge facing the agency today is to support these projects and work to turn them into reality in order to achieve the goal set by the President of the Republic, Mr Abdelmadjid Tebboune, of reaching 20,000 projects before the end of 2029, embodying his vision of making investment the engine of development.

In this regard, he pointed out that the agency is working in coordination with the Algerian Economic Renewal Council and various actors in the investment system to provide all the necessary conditions and guarantees for economic operators to realise their projects and enhance their competitiveness.

Mr. Rekkache also discussed the results of the Intra-African Trade Fair, which reflected the strong presence of Algerian institutions and their ability to rise to the challenge after achieving impressive results in terms of the volume of deals and contracts signed.

During this media day, a discussion session was organised with the investors and economic operators present, during which they addressed the reality of investment in Algeria, particularly in the province of Blida and neighbouring provinces, and highlighted the obstacles facing investors, proposing solutions to them.

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Asia Potash expresses its interest in developing an integrated project for the valorization of phosphate and fertilizers in Algeria

25 September 2025

The Director General of the Algerian Investment Promotion Agency, Mr. Omar Rekkache, received on Thursday, 25 September 2025, a delegation from the Chinese company Asia Potash International Investment (Guangzhou) Co., Ltd., which specializes in the exploitation and processing of mineral resources, particularly phosphate. The delegation was led by the company’s Vice President, Mr. Zeng Yui.

The meeting was attended by representatives from the hydrocarbons and mining sectors, the energy and renewable energy sectors, industry and environment ministries, as well as senior officials from the Agency.

This meeting is part of the Chinese company’s efforts to launch a major investment project in Algeria. The project involves the construction of an integrated industrial complex worth $1.6 billion for the valorization of phosphate and the production of ammonia, urea, and compound fertilizers, relying on natural gas as the primary input for manufacturing processes.

Following a detailed presentation by the Chinese delegation on the project—intended to be implemented in the North Africa region—the discussions focused on the potential and opportunities for carrying it out in Algeria. The country offers all the necessary assets and resources for the project’s success, including natural gas and phosphate reserves, particularly in the eastern regions. The project’s economic viability and its alignment with Algeria’s national strategy for developing and valorizing mineral resources and renewable energy were also discussed.

In conclusion, both parties agreed to maintain coordination and hold further meetings via videoconference to discuss the project’s technical details and the mechanisms for its implementation in collaboration with the relevant sectors.

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Coordination Meeting with Economic Operators to Support the Implementation of Agreements Signed During IATF 2025

24 September 2025

As part of the follow-up to the outcomes of the Intra-African Trade Fair (IATF 2025), hosted by Algeria this September, the Director General of the Algerian Investment Promotion Agency, Mr. Omar Rekkache, held a coordination meeting on Wednesday, September 24 with several economic operators who had signed agreements and partnerships during the event.

The meeting brought together officials and representatives from companies operating in the agri-food, electrical, electronic, and iron and steel industries, as well as representatives from various ministries and experts from the agency.

The purpose of the meeting was to establish a practical mechanism for the continuous support and monitoring of investment projects agreed upon during IATF 2025, and to ensure their swift and effective implementation. This initiative aligns with the economic momentum generated by the trade fair at both national and continental levels

At the outset of the meeting, Mr. Rekkache presented a summary of the agreements concluded between Algerian companies and their counterparts from over 30 African and international countries. Notably, investment agreements worth 5 billion out of a total of 11.4 billion signed during the fair were highlighted, as announced by officials from the African Export-Import Bank (Afreximbank).

Mr. Rekkache emphasized that such periodic meetings with economic operators are a key priority for the agency. They aim to create a favorable environment for the successful implementation of these projects by discussing implementation steps, addressing investor concerns, and ensuring administrative and banking support, in addition to facilitating access to foreign markets.

In this context, Mr. Rekkache announced the launch of a dedicated platform on the agency’s official website to enable stakeholders to communicate their project needs, with a view to coordinating efforts with the relevant government sectors.

In conclusion, the Director General reaffirmed the Algerian Investment Promotion Agency’s full commitment to supporting all parties involved in these agreements, working closely with relevant sectors to overcome any obstacles and accelerate project implementation. This approach aims to bolster the national economy and enhance Algeria’s international standing. He also commended the efforts of the economic operators who promptly engaged with their African and international partners following the conclusion of the trade fair, taking initial steps toward implementing the signed contractsand agreements and launching procedures to realise these projects as soon as possible.

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On the sidelines of the Intra-African Trade Fair: A Mini-Summit of African Investment Promotion Agencies

02 september 2025

As part of the 4th edition of the Intra-African Trade Fair (IATF 2025), which Algeria will host from September 4 to 10, 2025, the Algerian Investment Promotion Agency is organizing a mini-summit for African Investment Promotion Agencies. The event will take place on Friday, September 5, 2025, at the Palais des Expositions (Pin Maritime) in Algiers.

This mini-event is being organized in partnership with the African Export-Import Bank (Afreximbank) and with the support of the World Association of Investment Promotion Agencies (WAIPA).

The mini-summit, held under the theme: “African Investment Promotion Agencies Serving Sustainable Growth through Innovation, Digital Transformation, and Integrating Investment into Global Value Chains,” will bring together more than 30 African agencies, as well as international financing institutions and experts.

It aims to:

  • Strengthen the role of agencies in implementing the African Continental Free Trade Area (AfCFTA).
  • Support cooperation and coordination among promotion agencies through the exchange of expertise and best practices.
  • Develop digital strategies to facilitate business and capital flow.
  • Design innovative financing mechanisms that take into account digital and energy transformations.
  • Enhance agencies’ capacity to evaluate projects and guide them toward quality and feasibility.