AGP Executive Report

Energy Markets: OPEC has cut its 2026 oil-demand growth forecast by more than 70%, to 400,000 barrels a day, highlighting a weaker outlook for producers. At the WPC Energy Congress in Riyadh, Hydrocarbons Minister Mohamed Arkab promoted Algeria’s 2026 licensing round to attract investment and discussed expanded cooperation with Kuwaiti and Iraqi counterparts, including potential Sonatrach projects. Trade: Algeria will be guest of honor at the Dakar International Fair in December, a platform to promote Algerian food, manufactured goods, construction materials and services across West Africa. Gas Exports: Slovakia is considering Algeria among suppliers for long-term gas contracts as it prepares to replace Russian supplies in 2027. Innovation: Algiers will host the African Startup Conference on December 5–7, with deep technology taking center stage.

Gas Markets: Slovakia is weighing Algeria alongside Azerbaijan and the US for long-term gas supplies as it prepares to phase out Russian imports in 2027. Startups: Algiers will host the African Startup Conference on December 5–7, with deep tech in focus and more than 400 exhibitors expected, up from 228 last year. Digital Infrastructure: Algeria has reached four million fiber-to-the-home subscriptions after adding 1.4 million connections in the first nine months of 2026; it is targeting 4.4 million access points by year-end. Energy Industry: Kahraba Expo opens in Algiers on October 13, bringing together more than 60 exhibitors in electricity and renewables, with sessions on energy efficiency and expanding Algerian firms abroad. Exports and Investment: Arzew Port shipped 20,127 tonnes of steel coils to the US, while around 60 companies have expressed interest in Algeria’s 2026 licensing round for seven hydrocarbon exploration blocks.

Energy Transition: More than 60 exhibitors are expected at Algiers’ Kahraba Expo on October 13–15, where discussions will cover energy efficiency and helping Algerian firms expand abroad. Startup Sector: Algeria will host the African Startup Conference in December, with deep tech as its theme and a new competition for technology startups. Hydrocarbon Investment: ALNAFT says about 60 companies have expressed interest in seven exploration blocks in its 2026 licensing round; bids are due in January, with contracts to follow by March 2027. Exports: Tosyali Algeria shipped 20,127 tonnes of steel coils from Arzew to the United States, a step in efforts to grow non-hydrocarbon exports. Public Finance: The 2027 budget draft proposes spending of 17.25 trillion dinars and includes proposed tax and vehicle-import rule changes. Regional Partnerships: Algeria joined the Nordic-African Business Summit as guest of honour, with investment and technology transfer on the agenda.

Energy Investment: Algeria’s 2026 hydrocarbon licensing round has drawn interest from about 60 companies for seven exploration blocks. Bids are due in January, with contracts to follow by March 2027. Exports: Arzew Port loaded 20,127 tonnes of Tosyali steel coils bound for the United States, while Algerian firms at Madrid’s Fruit Attraction fair signed eight export MoUs and a $3 million contract for packaging products destined for Germany. Diversification: Algeria and Uzbekistan discussed mining technology, exploration and local processing to support projects including Gara Djebilet iron and the Amizour zinc deposit. Business Links: Algeria took part as guest of honour at Oslo’s Nordic-African Business Summit, which focused on investment and technology partnerships. Algiers will also host the African Startup Conference from December 5 to 7, with a focus on deep technology.

Business Partnerships: Algeria closed the Nordic-African Business Summit in Oslo as guest of honour, with talks focused on investment and technology transfer. Startups: Algiers will host the African Startup Conference on 5–7 December, centred on deep tech and featuring a contest to select three African startups. Exports: Algerian firms at Madrid’s Fruit Attraction signed eight MoUs to pursue agricultural exports to Europe, plus a roughly $3 million contract for plastic packaging products with a German buyer. Economic Diversification: Algeria and Uzbekistan are exploring mining technology, geological mapping and local processing, as Algiers seeks to develop major iron, zinc and phosphate projects beyond hydrocarbons. Energy and Connectivity: NAPEC in Oran produced new hydrocarbon cooperation agreements, while Algeria and Niger launched a 100 Gbit/s fibre-optic link to strengthen regional digital connections.

Startup Investment: Algiers will host the African Startup Conference on Dec. 5–7, with a deep-tech focus and a new competition to select three African startups. Export Push: Algerian firms signed eight MoUs at Madrid’s Fruit Attraction and landed a roughly $3 million contract to export plastic packaging to Germany. Mining Diversification: Algeria is seeking Uzbek expertise in mineral exploration, geological mapping and local processing, with talks covering major iron, zinc and phosphate deposits. Budget and Markets: The 2027 budget draft projects spending of 17.25 trillion dinars and proposes higher tobacco and alcohol taxes, with possible fuel-price reviews; the Algiers Stock Exchange has also recorded its first equity-bond trade. Energy and Connectivity: Algeria is expanding its green hydrogen plans as five countries advance a €13 billion North Africa–Europe hydrogen pipeline. The 100 Gbit/s Algeria–Niger fibre link has also gone live, opening a new regional digital corridor.

Export Deals: Algerian companies signed eight MoUs at Madrid’s Fruit Attraction to pursue agricultural exports to Europe, alongside a roughly $3 million contract to supply plastic packaging to Germany. Mining Diversification: Algeria is seeking Uzbek expertise in mineral exploration, geological mapping and local processing, with projects including Gara Djebilet iron and Amizour zinc. 2027 Budget: The draft proposes new vehicle-import rules for returning diaspora, higher tobacco and alcohol taxes, and possible fuel-price reviews; planned spending is 17.25 trillion dinars. Energy Investment: Algeria is adding green hydrogen to its energy portfolio, while agreements signed at NAPEC aim to boost hydrocarbon recovery and partnerships. Capital Markets: The Algiers Stock Exchange has launched its first equity-bond trading operation.

2027 Budget: The draft projects 17.25 trillion dinars in spending and 9.25 trillion in revenue. It proposes higher tobacco and alcohol taxes and allows possible fuel-price reviews, but sets no pump increase. It would also extend vehicle-import tax advantages for returning Algerians to some hybrid utility vehicles and two-wheelers. Capital Markets: Relaxi’s first equity-bond listing on the Algiers Stock Exchange drew subscriptions for 171,000 of 400,000 offered bonds, with a seven-year term. Energy: Algeria is advancing green hydrogen cooperation, including Sonatrach agreements with German firms Bosch and Siemens Energy. A warning that Europe could face a gas shortfall in a severe winter underscores the strategic importance of Algeria’s energy exports. Industry and Investment: A Toyota delegation visited Tirsam’s Batna factory to discuss future projects, though no investment or timetable was announced. At the Nordic-African Business Summit in Oslo, Algeria was guest of honor and promoted diversification, investment in local processing and stronger non-hydrocarbon exports.

Capital Markets: The Algiers Stock Exchange began trading RELAXI’s seven-year Islamic-finance bonds. Investors subscribed to 171,000 of 400,000 offered, a 42.75% take-up. Budget: Algeria’s 2027 draft projects 17.25 trillion dinars in spending and 9.25 trillion in revenue; it now goes to Parliament. African Partnerships: Algeria joined the Nordic-African Business Summit in Oslo as guest of honor, promoting diversification, food security and investment. Ministers also discussed fisheries and aquaculture cooperation with Norway. Energy: A European gas outlook warned that a severe winter and a full halt to Algerian pipeline supplies could worsen shortages. Separately, Algeria and four European partners signed a political declaration to advance the proposed €13 billion SoutH2 green-hydrogen corridor. Industry and Connectivity: Toyota representatives visited Tirsam’s Batna factory to discuss future cooperation, though no projects were specified. Algeria and Niger also launched a 100 Gbps fiber link, part of a wider trans-Saharan network.

Energy Partnerships: Algeria’s NAPEC 2026 closed in Oran after drawing more than 27,000 visitors and 450 exhibitors. ALNAFT signed two 12-month study agreements with Vietnam’s PVEP to assess ways to raise hydrocarbon recovery at the Bir Aïssa and Rhourde El Baguel fields. Trade and Investment: Algeria was named guest of honor at the Nordic-African Business Summit in Oslo, where officials and companies are exploring cooperation in energy, infrastructure and agriculture. Industrial Growth: A Sétif exhibition brought together more than 55 exhibitors from Algeria and China, with B2B meetings and export-focused sessions. Economic Diversification: During a visit to Uzbekistan, Mines Minister Mourad Hanifi discussed partnerships in exploration, technical expertise and training, as Algeria looks to make mining a driver of growth beyond hydrocarbons.

Energy Partnerships: NAPEC 2026 closed in Oran with 27,000 visitors, 450 exhibitors and 230 speakers. Several agreements were signed to deepen cooperation across Algeria’s hydrocarbons sector. Industrial Investment: Algeria completed a census of 729 industrial sites as it seeks to direct land toward productive projects. A new committee will also plan the country’s participation in overseas trade fairs in 2027 and 2028. Regional Connectivity: Algeria and Niger activated a cross-border fiber link, a step toward stronger digital connections and trade across the Sahel. Diversification: On a visit to Uzbekistan, Mines Minister Mourad Hanifi discussed partnerships in exploration, technology and training, as Algeria seeks to expand mining beyond hydrocarbons. Algeria will also be guest of honor at this week’s Nordic-African Business Summit in Oslo, focused on investment, energy, infrastructure and agriculture. Oil Policy: OPEC+ kept November output targets unchanged, including Algeria’s.

Trans-Saharan Connectivity: Algeria and Niger officially launched their 100 Gbit/s trans-border fiber optic link at Assamaka, linking In Guezzam (Algeria) to the Arlit–Agadez axis (Niger) and aiming to cut digital dependence while improving data exchange for administrations and businesses. Energy & Industry: In Oran, Algeria’s Sonatrach subsidiary AEC for Water Desalination highlighted seawater desalination as a strategic tool for water security and support to the petrochemical sector. Hydrocarbons Cooperation: ALNAFT and Vietnam’s Petrovietnam signed two 12-month study agreements to assess enhanced recovery potential at “Bir Issa” and “Rhourde El Baguel” fields in the Berkine region. Energy Diplomacy & Markets: OPEC+ kept November oil output targets steady despite Iran-war related disruptions, with Algeria among the key participants. Food Supply Ahead of Ramadan: Algeria and Spain agreed on red-meat supply cooperation deals to secure quantities for Ramadan 2027, including logistics and animal-breeding expertise. Regional Business Platforms: NAPEC 2026 resumed in Oran with a focus on energy mix, hydrogen and partnerships, drawing 450+ exhibitors and 230 speakers.

Energy Diplomacy & Deals: NAPEC 2026 resumed in Oran with panels on energy mix, supply security and hydrogen, while ALNAFT signed two 12-month study agreements with Vietnam’s Petrovietnam to assess enhanced recovery potential at “Bir Issa” and “Rhourde El Baguel” in the Berkine region. Regional Energy Cooperation: APPO chief Farid Ghezali said Algerian hydrocarbons know-how is a key conduit for African energy cooperation via training and expertise exchange. Digital Infrastructure: Algeria and Niger officially launched the Trans-Saharan Fiber Optic Backbone link, connecting In Guezzam to Arlit-Agadez with scalable capacity up to 100 Gbps. Labor Mobility: Minister Mohamed Hattab took part in the Doha Dialogue in Tanzania, highlighting Algeria’s approach to protecting workers’ rights and modernizing labor governance. Agribusiness & Trade: Algeria and Spain concluded two red-meat cooperation agreements ahead of Ramadan 2027 to secure supply and logistics. Oil Market Watch: Oil prices eased as Middle East exports rose and G7 pledged emergency diesel/crude releases, keeping supply disruption fears in focus. Travel Policy: The Philippines expanded visa-free entry for up to 30 days to citizens of 46 African countries, but Algeria is not included in the standard waiver.

OPEC+ Oil Stability: OPEC+ agreed to keep November production targets unchanged at 31.01 million bpd, extending the pause as Middle East tensions and attacks on energy infrastructure keep supply risks elevated. Hydrogen & Energy Corridors: Algeria is pushing hydrogen and the Trans-Saharan Gas Pipeline as part of a broader regional energy-hub strategy, with work on the Algerian section in Adrar already underway. Agriculture Push: Algeria’s President ordered a special Council of Ministers dedicated to agriculture, citing recent gains and aiming to boost effectiveness of the sector as a key economic pillar. Regional Trade Reality Check: Algeria’s West Africa push via Benin Deal Room 2026 highlights ambition in pharma, energy and infrastructure, but closed borders—especially the Niger-Benin frontier—remain a major bottleneck for South-South trade. LNG & Fertiliser Deals: Bangladesh and Algeria launched a G2G framework for long-term LNG and fertiliser imports, alongside wider cooperation on trade and security. Market Watch: Oil prices eased after supply increased, while shipping disruption fears tied to the Iran conflict continue to cap downside. Aviation Links: Air Canada cancelled several long-haul routes for 2027, including flights to Algiers, reshaping connectivity plans.

Western Sahara Diplomacy: UN chief António Guterres’ latest report says UN Security Council Resolution 2797 has revived negotiations and points to Morocco’s autonomy plan as the “most feasible outcome,” with talks now shifting toward transitional modalities. Economic Governance: President Tebboune again faced criticism for “saying too much and little,” as Algeria’s economic and diplomatic pressures mount, including the recent rupture with the UAE. Energy Markets: OPEC+ (including Algeria) agreed to keep November oil output steady as Brent stays above $100 amid Iran-related supply risks and threats to energy infrastructure and shipping routes. Hydrocarbons & Infrastructure: Algeria’s Trans-Saharan Gas Pipeline push was reiterated at NAPEC 2026, with work on the Adrar section underway and the project framed as an African energy-hub corridor. Agriculture Policy: Algeria will hold a special Council of Ministers session focused solely on agriculture, with experts citing rising production and progress toward cereal self-sufficiency. Trade & Deals: Bangladesh and Algeria launched a G2G plan for long-term LNG and fertiliser imports, while Algeria’s Cotonou “deal room” bid highlights how closed borders still limit South-South trade. Aviation & Connectivity: Air Canada confirmed it will cancel several long-haul routes for 2027, including flights to Algeria. Solar Outlook: Ember forecasts record 17 GW of solar additions across Africa in 2026, with Algeria projected to add about 1.4 GW.

OPEC+ Oil Policy: Algeria and six other OPEC+ producers agreed to keep November output targets unchanged, with Algeria holding at 1.007 million bpd as Brent stays above $100 amid Iran-linked supply risks; the group will reconvene Nov 1 to reassess the market. Energy Diplomacy: In Algiers, Algeria’s hydrocarbons minister Mohamed Arkab met APPO’s secretary-general Farid Ghazali, focusing on expanding cooperation in oil and gas, especially training, research and development, and reviewing the African Energy Bank push. Hydrocarbons & Power Ties: Algeria and Senegal agreed to deepen partnership across hydrocarbons and electricity, with talks centered on Sonatrach–Petrosen cooperation and skills transfer. Budget & Infrastructure: The Council of Ministers backed the 2027 finance bill with pay rises built in, pledged no new taxes that hit purchasing power, and ordered immediate work on the rail line toward Tamanrasset. Local Governance: President Tebboune urged youth to run for the Nov 28 municipal and wilaya council elections to strengthen local decision-making. Security & Drugs: Police in Adrar arrested five suspects after seizing 157.84g of cocaine and 8.13m dinars in cash, alongside vehicles, with cases referred to judicial authorities. Economy Outlook: Tebboune reiterated growth expectations of 4.01%–4.02% for 2027 and pointed to improving economic indicators, including foreign exchange reserves.