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August 25, 2025 | 2 months ago
IATF 2025 in Algeria: Economic leadership for the continent's development
ALGIERS - Algeria, which will host the 4th edition of the Intra-African Trade Fair (IATF 2025) from September 4 to 10, is positioning itself as a key player in African development and integration, buoyed by its economic weight and dynamic entrepreneurial youth.
As Africa's third-largest economy with a gross domestic product (GDP) of nearly $270 billion in 2024, Algeria is establishing itself as a leader in various economic sectors, including energy, agriculture, agri-food, industry, and services, making it an economic driver for the continent's development.
According to a report by the World Bank Group (WB), Algeria has graduated to the top tier of middle-income countries in the new annual update of the classification of member countries' economies.
Praised by various international institutions, Algeria's economic performance is based particularly on a diversification strategy in which industry accounts for nearly 50% of new investments registered with the Algerian Investment Promotion Agency (AAPI).
With the largest land area in Africa and land borders shared with seven other countries, Algeria enjoys a strategic geographical position. Its location on the Mediterranean Sea brings it close to Europe, while its depth into Africa gives it privileged access to the continent's markets.
Its Human Development Index (HDI), developed by the United Nations Development Programme (UNDP), ranks among the highest in Africa. This indicator, which considers life expectancy, education levels, and per capita income, highlights Algeria's progress in human development and reflects the availability of a skilled workforce to serve its economy.
The country also has competitive potential in various promising sectors such as agriculture, mining, innovation, and startups, enabling it to establish sustainable partnerships thanks to a solid industrial base, modern infrastructure network, and diversified transportation options.
In the hydrocarbon sector, Algeria remains a major player, establishing itself as one of the continent's leading producers and exporters of oil and natural gas through national company Sonatrach, recognized as the largest oil and gas company in Africa.
In terms of agriculture, efforts undertaken in recent years have transformed this sector into a real lever for the country's food security, ensuring self-sufficiency for several products (vegetables, fruit, certain cereals), while generating surpluses for export.
These advances have been repeatedly praised by the Food and Agriculture Organization of the United Nations (FAO), which has ranked Algeria among the African countries best placed in terms of food security.
Efforts to diversify the economy have fostered the emergence of key sectors, particularly startups, which now number around 9,000.
Algeria, which aims to reach 20,000 by the end of 2029, hosts a dedicated African conference every year, attracting ministers, officials, entrepreneurs, and investors from several countries across the continent.
The declared ambition is to elevate the national economy to the rank of second, or even first, African economy, as emphasized by the President of the Republic, Mr. Abdelmadjid Tebboune.
" Thanks to its youth and its economic operators, of whom we are proud, Algeria aspires to become, within two to two and a half years, the second or first economy on the African continent and thus fulfill the aspirations of our citizens, out of loyalty to those who sacrificed themselves for this country," he said last April at the opening of the second edition of the national meeting with economic operators.
Economists believe that this potential will enable Algeria to play a major economic role in Africa and constitutes a strategic asset for accelerating the continent's commercial and economic integration.
August 25, 2025 | 
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