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Why You Should Invest Algeria - Doing Business In Algeria - Investment - Nairaland

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Why You Should Invest Algeria - Doing Business In Algeria by Agroexport101(m): 9:46am On Oct 03, 2021

https://www.youtube.com/watch?v=9JMbLkyTONI
Why you Should Invest Algeria - Doing Business In Algeria. Algeria shares its borders with Libya and Tunisia on the east, Morocco, Western Sahara, and Mauritania on the west, and Mali and Niger on the south. The country has a strong track record of political stability and it's making progress in terms of the business environment and governance. Algeria is a gateway between Africa and Europe. The country achieved a 2.8 percent compound growth in GDP over 5 years period. It is the 6th largest exporter of gas in the world and 10th in terms of largest reserves of natural gas globally.

Algeria attracted decent FDI flows between 2006 and 2011. Recently, there has been a sharp decline in European investment and greater interest from Gulf investors. China, Singapore, Spain, and Turkey are the leading investors. Tourism, construction, and agriculture are the sectors that receive most FDI. Algeria ranked 157th out of 190 countries in the World Bank's Doing Business 2020 report.


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