Algeria is an enormous country of enormously untapped potential across a range of industries from agribusiness to healthcare and from hydrocarbons to renewable energies.
Leading the Banking Charge
Founded in 1966, Crédit Populaire d’Algérie (CPA) is an institutional pillar of the country’s financial landscape, ranking third overall in the nation. Under the leadership of Ali Kadri, CPA recently executed a landmark Initial Public Offering, marking a permanent shift toward enhanced corporate governance, market transparency and alignment with international financial standards….
ENERGY
While diversification is the priority, hydrocarbons remain the bedrock of the Algerian economy, accounting for roughly 20% of the nation’s GDP. Sonatrach, the state-owned hydrocarbons giant, generated approximately $77 billion in revenue in 2023, making it the largest company on the African continent. Algeria holds the world’s 10th-largest natural gas reserves and the 3rd-largest shale gas reserves…
Agricultural Sector
Nowhere is the alignment of American ingenuity and Algerian ambition more evident than in agriculture. Historically a major importer of powdered milk, Algeria turned to the US to fortify its food security. On January 29, 2025, a historic Memorandum of Understanding was signed, clearing the way for the export of an initial 30,000 American dairy cows to Algeria, with a long-term goal of reaching 240,000 cattle….
A Call to Global Capital
The momentum behind the “New Algeria” was vividly on display at the SelectUSA Investment Summit in Maryland, where a high-level Algerian delegation representing 24 public and private enterprises engaged directly with American firms…