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Algeria

Ville, paysage urbain, Algérie, mer
© Fayçal Sellam / AFD

Located at the heart of the Maghreb, Algeria has several strong assets: a strategic geographic position, significant hydrocarbon resources, and a young population. However, the country now faces several challenges, including reducing its dependence on hydrocarbons, boosting value creation, and addressing environmental threats. A long-standing partner, AFD supports Algeria in developing human capital, fostering economic diversification, advancing a low-carbon transition, and protecting the environment.

  • €209 million committed since 2000
  • €48.5 million invested by Proparco since 2002
  • €26.5 million in EU funding managed by Expertise France in 2022
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