May 20, 2026
The Director General of the Algerian Investment Promotion Agency, Mr. Omar REKKACHE, received on Wednesday, 20 May 2026, the Ambassador of the Federal Republic of Ethiopia to Algeria, Mr. Mokhtar Mohamed WARE, in the presence of executives from the Agency.
The meeting provided an opportunity to discuss prospects for strengthening economic and investment cooperation between the two countries, particularly through enhancing trade exchanges and investment flows, within the framework of the shared African vision aimed at supporting intra-African partnerships and intensifying cooperation across the continent.
Both parties stressed the importance of strengthening coordination between the Algerian Investment Promotion Agency and the Ethiopian Investment Commission, in a manner that would contribute to the implementation of concrete projects and partnerships, as well as the promotion of investment opportunities available in both countries for the benefit of African economic operators.
The two sides also agreed to organize bilateral meetings via videoconference in order to establish a framework for joint cooperation and exchange information on investment opportunities.
In this context, the Director General highlighted Algeria’s commitment to strengthening its African economic integration through the development of promising strategic sectors, including mining, manufacturing and mechanical industries, agriculture, and the pharmaceutical industry, thereby opening new prospects for cooperation and partnership across the continent.
For his part, the Ethiopian Ambassador reaffirmed his country’s readiness to support economic cooperation with Algeria and encourage Ethiopian investors to explore investment and partnership opportunities.
