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.
