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Showing posts with the label ECONOMY

Gara Djebilet Mega Project: Why has this initiative become a focal point for Moroccan media? Does Morocco truly have a legitimate claim? And is the 1972 convention genuinely binding upon Algeria?

Since the Algerian government resolved to revive the strategic Gara Djebilet mining project (1), Moroccan media—both official and unofficial—has hastened to seize upon the subject, invoking an alleged “historical right” of Morocco over this deposit. According to the narrative advanced by Rabat, King Hassan II purportedly accepted the demarcation of borders between Morocco and Algeria in exchange for a usufructuary right over the Gara Djebilet mine. Yet, the instruments duly signed and ratified by both States tell an entirely different story (2). This article will revisit that point in detail, with the aim of dismantling Moroccan propaganda designed for domestic consumption—propaganda intended to perpetuate the illusion of a return to a bygone grandeur… which, in truth, never existed. Before addressing Morocco’s assertions, let us first outline the Gara Djebilet mega-project: what does it entail? 1) The Gara Djebilet mega project in a nutshell: The Gara Djebilet mine, located in Algeria...

Energy Sectors Open New Partnership Prospects Between Algeria and the United States

Algerian-American relations are entering a new strategic phase, centered on energy cooperation and the development of vital natural resources. Three key sectors have drawn significant interest from U.S. officials: hydrocarbons, renewable energy, and mining resources. These areas are not only pillars of Algeria’s national sovereignty but also critical to global energy transition efforts and emerging geo-economic dynamics. A High-Level Visit with Strategic Significance The recent meeting in Algiers between Algeria’s Minister of State for Energy, Mines, and Renewable Energies, Mr. Mohamed Arkab , and the U.S. President’s Senior Advisor for Africa, the Middle East, and Arab Affairs, Mr. Masad Boulos , marks an important step forward. The American envoy expressed strong interest in investing in three strategic sectors in Algeria: Hydrocarbons Renewable energy Exploitation of mining resources This is more than diplomatic nicety—it reflects a clear U.S. intention to deepen its economic footpr...

The World Bank Shines a Light on Algeria’s Economic Transformation

On April 18, 2025, the World Bank published an insightful article titled “How Algeria is Shaping its Economic Future” , offering a nuanced yet clearly optimistic perspective on the country’s ongoing economic transformation. Long regarded as a hydrocarbon-dependent, mono-export economy, Algeria now appears to be at a historic crossroads. At the heart of this shift lies an ambitious target set by President Abdelmadjid Tebboune: reaching a Gross Domestic Product of $400 billion by 2027. A Diversification Strategy in Motion The figures released by the World Bank are telling: non-hydrocarbon exports have tripled since 2017, reaching $5.1 billion in 2023. Though they still represent just 2% of GDP, this trend signals a critical shift in Algeria’s economic model, one that is moving away from structural dependence on oil and gas. Among the country’s most exported goods are now fertilizers, steel products, and cement — a reflection of a deliberate strategy rooted in wide-ranging structural r...

The Increase in Algerian Non-Hydrocarbon Exports under President Abdelmadjid Tebboune: Strategies and Achievements (2019-2023)

Under President Abdelmadjid Tebboune, Algeria has recorded a remarkable growth in non-hydrocarbon exports, rising from $700 million in 2019 to $13 billion in 2023. This article examines the strategies and policies implemented by the Algerian government to achieve this ambitious goal. Economic reforms, support measures for exporters, and investments in infrastructure are analyzed in detail. Introduction The Algerian economy has long been dominated by the hydrocarbon sector, representing a substantial portion of the country's exports and revenues. However, under the presidency of Abdelmadjid Tebboune, significant efforts have been made to diversify the economy and increase non-hydrocarbon exports. This article explores the various strategies and actions undertaken by the Algerian government to achieve this goal. 1. Structural and Economic Reforms Diversifying the Algerian economy required major structural and economic reforms. Tebboune implemented several measures to improve the busi...