Supporting the energy transition
Promoting a sustainable city
Diversifying the economy
Facing the challenge of the digital transition
Covering an area of over two million km2, Algeria is the largest country in Africa and in the Arab world. As a gateway to the African continent, Algeria has an ideal strategic position, opening onto the Mediterranean basin and, therefore, Europe. By extension, and thanks to the richness of its energy sources, it holds a certain influence over the different regional groups to which it belongs.
Algeria has been able to diversify its economy by reforming its agrarian system and modernising its heavy industry. That said, hydrocarbons still represent almost all of the country's exports, seeing as the country is a key producer of natural gas and oil. This economic orientation is a major challenge: Algeria needs to reduce its dependence on hydrocarbons by relaunching its economic growth and promoting the development of sustainable cities.
AFD has worked in partnership with Algeria since 1968, supporting the country in its economic, energy and urban development projects. Since 2000, AFD has committed a total of €217.2m to Algeria.