Algiers, November 11, 2025 – Algeria and Germany have launched a collaborative program aimed at enhancing Algeria’s investment appeal and diversifying its economy. The initiative, a twinning program between the Algerian Investment Promotion Agency and the German Federal Ministry for Economic Affairs and Energy, will be facilitated through Germany Trade & Invest.
According to Omar Rekkache, Director General of the Algerian Investment Promotion Agency, this partnership marks a significant step in modernizing Algeria’s economic landscape. He emphasized that the agency is actively updating its tools and operational mechanisms to align with the national strategy focused on improving the country’s business and economic climate.
The program, financially supported by the European Union, is designed to bolster the competitiveness of the Algerian economy and position the nation as a more attractive destination for both domestic and foreign investment. This aligns with the government’s broader objectives of diversifying income sources and promoting productive investment.
A key focus of the collaboration will be on enhancing digitalization and data analysis capabilities within the Algerian Investment Promotion Agency. This includes developing technical expertise through knowledge exchange with German partners in areas such as investor targeting, attraction, and support.
“The program will modernize promotional tools through innovative communication methods and in-depth market analysis,” Rekkache stated. He added that the initiative will also facilitate the development of proactive approaches to identify and attract high-value investments that create jobs and foster technology transfer.
Furthermore, the program aims to improve digital systems for tracking and evaluating investment projects, enhance the management of economic data and indicators through automation, and ultimately improve the quality of services offered to investors, ensuring tailored support throughout their project lifecycle.
Rekkache emphasized that the ultimate goal of the program is to increase the contribution of productive investment to the national GDP, in line with President Abdelmadjid Tebboune’s directives to diversify the national economy and reduce reliance on hydrocarbons.
