ALGIERS- Minister of Energy Mustapha Guitouni said Sunday in Algiers that an Algerian-South African workshop will be held in Algiers before the end of the year.

Sunday, 10 September 2017

21st-22nd March 2017 Le Méridien Oran Hotel & Convention Centre - Algeria

 

North Africa has became a real energy powerhouse given the massive oil and gas reserves discovered in the region, which requires huge investments to monetize it. From Algeria to Tunisia, all the way to Libya, Egypt and Mauritania, local government s are working hard to attract foreign investments to tap the abundant opportunities in the energy sector. That’s why North Africa Petroleum Exhibition and Conferences (NAPEC) has became a Must attend event in Africa, and placed itself as the most important event in the content given the quality of attendees and exhibitors who come from 30 countries. NAPEC is held in Oran, Algeria, a country where oil and gas industry is gaining momentum following the historic OPEC agreement to cut output during the organisation’s meeting in Algeria. With various conferences that varies from business to technical conferences covering E&P, drilling technology and pipelines to a strategic conference that focuses on business opportunities in North Africa, NAPEC 2017 is offering a unique opportunity to network and learn best industry practices and trends, as well as signing deals given the number of attendees and exhibitors. The event is supported by key regional industry players who have showed a real commitment to support the event and making it a real success, as they get involved in the conference’s steering committee, in addition to other key service companies and IOCs who showed great interest in getting involved in the event. The North Africa Petroleum Conference offers great opportunity to learn and network with industry decision makers who represent NOCs, IOCs and service companies.*

 

The programme can be downloaded via the following link : http://napec-dz.com/Docs/NorthAfricaPetroleumAgenda2017.pdf

 

 

ALGIERS-The African Development Bank (AfDB) has approved the financing of the Trans-Sahara Optic Fibre Backbone Project (DST) that will interconnect Algeria, Nigeria and Chad, announced Monday in Algiers the AfDB's Representative to Algeria Boubacar Sidiki Traore.

"In its first step, the Project will interconnect Algeria, Niger, Nigeria and Chad, and the next step will proceed to interconnections to the optic fibre of Algeria, Mali and Niger," Sidi Traore stressed at the opening ceremony of the Conference of the African Internet Governance Conference, held Monday in Algiers under the patronage of the President of the Republic Abdelaziz Bouteflika.

The AfDB representative hailed the beginning Tuesday of the activities of the DTS Liaison Committee (CLDT), in the presence of the ITCs ministers of the member countries involved in this project.

The Algerian authorities accepted to host the CLDT headquarters that will ensure "coordination and coherence of the DTS route as well as exchange of the data relating to the project," he added.

Moreover, Sidiki Traore reiterated AfDB's willingness to "back the respective countries to enhance resilience and diversification of their economies and set up of ICTs-related infrastructures and applications while supporting them in the implementation of the related regulation and legal frameworks to fight against the challenges posed technological innovations particularly internet."

"The AfDB approved Algerian authorities' request to organize this conference designed to reflect on a common position among 54 African countries and precise recommendations to face the challenges posed by internet governance, and take advantage of this technological tool while limiting or even stopping the proliferation of related risks," stressed the same official.     

"This conference aims to bring closer African countries' viewpoints and strategies, and unify their position on internet governance so that they move towards an adapted use of this technology," Sidiki Traore stated. 

 
Monday, 13 February 2017 13:48

WASHINGTON-Managing Director of the International Monetary Fund (IMF) Christine Lagarde stressed Saturday in Dubai that Algeria was "a good example" in budgetary policy management through the 2017 budget law that provides for a medium-term framework setting revenue and spending targets for the next three years.

In her address at the 2nd Forum of Public Finances in the Arab Countries held in Dubai, Lagarde urged Arab economies to set revenue targets while drawing their comprehensive tax policy.

Setting these goals helps align revenues with spending, both in the short and medium terms, she said.

"Algeria is a good example. The 2017 budget law includes a medium-term framework setting revenue and spending targets for the next three years," stated Lagarde.

If tax reforms are to be successful and achieve their targets, policymakers will need to focus their tax policy on key priorities, stressed the IMF Managing Director.

"In the oil-exporting countries, this means diversifying the sources of revenue away from oil and gas," she added.

As a first step, countries are introducing a value added tax (VAT) and other consumption taxes, for example on tobacco and sugar-sweetened beverages, said Lagarde, adding that over time, governments may also consider deriving additional revenue from income and property taxation.

For example, she noted, countries in the Gulf are working to introduce a harmonized VAT in 2018.

 
Sunday, 12 February 2017 13:56

AIN DEFLA- Nine dams are planned to be put into operation by 2019 through the national territory, Water Resource and Environment Minister Abdelkader Ouali announced Tuesday in Aïn Defla.   

5 among them will be commissioned during 2017, the visiting minister said while inspecting the Ouled Melouk Dam (commune of Rouina).

Up to 80 regions across the country have been identified as needing the construction of dams, given the poor rainfalls recorded there, he added.

For the minister, these efforts demonstrate the interest of the country’s senior authorities to the water resource sector, necessary for "several industries namely agriculture, industry and tourism."

"Given its location in an arid zone, Algeria encounters issues of climate change causing irregular rainfalls," he said, stressing that a period of drought is "never excluded in the future."

Stressing the latest rainfalls has been "extremely beneficial," Ouali said that the dams are filled at 70% nationwide, noting that this rate will improve with the melting of snow and forecast rains during the first half of 2017.

"20 dams are filled at 90% while the filling rate of 47 others exceeded 50%," he said.

"In less than three months, our dams received additional amount of water of over one billion m3," said the minister, indicating that the total quantity of stored water is 4.75 billion m3 countrywide.

 

Wednesday, 01 February 2017 10:20

Algiers International Fair 2017

Legislative elections May 2017

Alger, la Mecque des révolutionnaires 1962-1974

Algérie : Objectifs du Millénaire pour le Développement (Rapport National 2000-2015)

Min. of Foreign Affairs

Nelson Mandela with Algerian National Liberation Army -1962-

Algeria - South Africa

African Investments and Business Forum : Algiers Meeting 3 to 5 December 2016

African Investments and business forum

Invest in Algeria

Investment opportunities in Algeria

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