May 9, 2026
The Director General of the Algerian Investment Promotion Agency (AAPI), Mr. Omar REKKACHE, took part on Saturday, 9 May 2026, in the 12th edition of the African Investment and Trade Forum, organized by the Arab African Center for Investment and Development (CAAID) under the theme: “Together… Opening Markets.”
In his opening remarks, Mr. REKKACHE emphasized the strategic importance of the African Continental Free Trade Area (AfCFTA) as a key lever for strengthening economic integration across the continent, expanding intra-African trade and investment, promoting local industrialization, and building integrated African value chains capable of generating wealth and creating jobs.
He also highlighted the vast potential of the African continent, which positions it for effective integration into global value chains, noting that achieving this objective depends on strengthening regional integration, developing infrastructure, and improving logistical and financial connectivity among African countries.
In this context, Mr. REKKACHE called on business leaders and investors to seize the opportunity offered by this forum to enhance direct engagement with Algerian economic operators, explore partnership opportunities, and conclude investment and trade agreements, thereby translating discussions into tangible projects with real economic impact.
He further outlined Algeria’s orientation toward strengthening its openness to its African environment through intensifying economic cooperation with sister countries, signing multiple cooperation agreements, and opening bank branches in several African countries, thereby fostering continental trade and reinforcing Algeria’s economic presence in Africa.
In this regard, he referred to Algeria’s successful hosting of the Intra-African Trade Fair in September of last year, which resulted in the signing of a significant number of commercial contracts and investment agreements, reflecting Algeria’s position as a conducive hub for trade and partnership across the continent.
He also recalled the organization of a major meeting of African investment promotion agencies, bringing together 31 agencies in a first-of-its-kind gathering, which provided an opportunity to exchange expertise and strengthen coordination among these institutions, contributing to improving the investment climate and enhancing economic promotion tools across Africa.
