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Algeria international economic and diplomatic expansion
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2026-08-24 16:51 UTC → 2026-08-25 23:04 UTC ·
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Algeria is actively broadening its international economic and diplomatic footprint through diverse bilateral agreements across multiple sectors. In the industrial and agricultural sectors, the country is focusing on food security and resource production. A major integrated phosphate project with the Italian group Saipem aims to extract is expanding, marking a strategic shift toward mining and agriculture. Utilizing an ‘EPC Fast Track’ model, the project involves extracting ore at Bled El Hadba in Tebessa and convert transporting it into fertilizer to Oued El Keberit in Souk Ahras. Specifically, Saipem Ahras for conversion into fertilizer. The goal is set to produce 3.2 million tons reach an extraction capacity of concentrated phosphate annually at the Bled El Hadba site, alongside 2.4 5.5 million tons of phosphate fertilizers and 570,000 tons of urea at the Oued El Keberit site. tonnes per year. To facilitate these exports, the Chinese firm CHEC has been contracted to upgrade is upgrading the port of Annaba. Annaba, while Algerian firms including Cosider Canalisations, SARPI, and GCB will contribute to various components. The first extraction of enriched phosphate is scheduled for the first quarter of 2027, with fertilizer production expected to follow in the final quarter of that year. Additionally, the Algerian-Omani fertilizer company (AOA) in Arzew has received approval officially moved to expand the operational phase of its production capacity expansion. The joint venture, owned by 50% through a new Sonatrach and Suhail Bahwan Holding, aims to increase ammonia and urea production line. by 50%. Algeria is also strengthening cooperation in transport and energy. Agreements with Oman include maritime and aviation partnerships, such as a maritime agreement between Serport and Asyad for port management and an aviation agreement between Algiers Airport Management and Oman Airports. partnerships. The nation is further engaging with Slovenia to establish a joint business council for agriculture, with Finland regarding green energy, digital technologies, agriculture and healthcare. On a continental level, technology, particularly through participation in the AGRA 2026 international agriculture salon. Furthermore, Algeria is positioned as a key player in the EU’s T-MED initiative to transform the southern Mediterranean into a green electricity hub, while intensifying energy cooperation with Chad, Côte d'Ivoire, and Benin to develop an African energy network.
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- 2026-08-25 23:04 UTC Algeria international economic and diplomatic expansion
- 2026-08-24 16:51 UTC Algeria international economic and diplomatic expansion
- 2026-08-24 09:50 UTC Algeria international economic and diplomatic expansion
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