Jul 5, 2022 to Jul 5, 2022

President Tebboune has put Algeria back on African and Mediterranean scenes, MENA region

Since the election of the President of the Republic, Abdelmadjid Tebboune, Algeria has imposed itself as a new competitor in Africa, in the Mena region (the Middle East and North Africa) and the Mediterranean basin.

Once elected, President Tebboune was aware of what awaited him domestically and internationally. The country does need acts wore than words.

The head of state did not waste time and quickly launched the institutional, economic, and political projects to change the practice of power and rethink a new democratic model.

It was also necessary to give a new impetus to a disempowered diplomatic apparatus. To achieve this goal in a very short time, President Tebboune has placed Algeria on the world chessboard.

Under the leadership of President Tebboune, Algeria is ensuring that it remains at the heart of the international scene. Algeria is involved in all regional and international issues.

Algeria is preparing to organize an important Arab Summit; a promising summit intended to bring together Arab countries, especially in such a time of turbulence.

Moreover, with the advent of the new world order, President Tebboune is strongly requested by his peers to put back the movement of Non-Aligned in the saddle.

Algeria is inescapable, and the posture of its president, who never oscillates from one position to another like a pendulum, contributes to its influence.

Jul 5, 2022 to Jul 5, 2022

AU endorses Algeria’s initiative for natural disaster preparedness, response.

MALABO (Equatorial Guinea)- The Conference of the Heads of State and Government of the African Union, held Friday (May 27) in Malabo, Equatorial Guinea, has endorsed Algeria’s initiative for the creation of a continental civil capacity for disaster preparedness and response in Africa.

The Algerian initiative is one of the key measures adopted through the political declaration of the AU Extraordinary Summit (Humanitarian and Pledging Conference), to meet humanitarian challenges, namely climate change and natural disasters, pandemics and health emergencies, nutrition and food security, reconstruction and development in the aftermath of conflicts as well as the financing of the humanitarian action in Africa.

Jul 5, 2022 to Jul 5, 2022

MALABO- Minister of Foreign Affairs and National Community Abroad Ramtane Lamamra gave Saturday, in Malabo (Equatorial Guinea), a presentation on the report submitted by the President of the Republic Abdelmadjid Tebboune to the African Union (AU) Extraordinary Summit on Terrorism and Unconstitutional Changes in Africa, in his capacity as AU’s leader in the prevention and fight against terrorism and violent extremism.

Representing the president of the Republic, the Algerian head of diplomacy said that this 16th extraordinary Summit “is of an extreme importance and takes place at the right moment, in the light of the growing and frantic challenges imposed on us by the increasing threats of terrorism and violent extremism in Africa.”

“The spread of this scourge in the African continent is dependent on the extent of the volume and intensity of the terrorist attacks targeting both the armed forces of member countries and civilians (…) We are facing the most dangerous threats to peace, stability and development in the continent,” he warned.

He called to “be closely interested in a number of factors which encourage the spread of this violent scourge, like the displacement and return of foreign combatants, defeated in other areas of conflicts, notably in the Middle East, the redeployment of terrorist groups and the exploitation of the virtual space to apologize for their acts, transforming it into a new front in our fight against terrorism and violent extremism, without forgetting the growing ties between terrorism and cross-border organized crime, including drug trafficking, human trafficking, illegal migration, the illicit exploitation of natural resources and the ransom payment.”

“These are all factors that strengthen the capacities of the armed groups, in addition to the negative impact of the unconstitutional changes of the African governments, in terms of the weakening of the public institutions (coming under the States), escalation of the already vulnerable security scene in several African countries, notably in the Sahel-Saharan region,” added Lamamra, underscoring that the fight against terrorism “requires showing a high level of vigilance, mobilization and cooperation.”

“On the basis of its painful but successful experience in the fight against terrorism, Algeria which paid a heavy price during the 1990s, in the face of the resounding silence of the international community, had always confirmed that in front of such a threat of global proportions, the international cooperation and solidarity become two pressing needs.”

Jul 5, 2022 to Jul 5, 2022

Algeria has clear strategy against security threats in Africa.

The speaker of the People’s National Assembly (lower house of parliament), BrahimBoughali, said Monday that Algeria had a “clear strategy” to deal with security threats in Africa and will always be against any unconstitutional change.

“Algeria, which plays a leading diplomatic role due to its internal stability and democratic environment, has a clear strategy to deal with security threats in Africa, mainly in neighbouring countries,” Boughali said in an opening address at a one-day parliamentary conference on “Algeria and Africa: Opportunities and Challenges.”

The strategy lays on the principle of non-interference in the internal affairs of states and the spirit of cooperation and exchange of experiences.

“Algeria’s experience allows it to play a central role,” the speaker of the People’s National Assembly said.

“The achievements of the People’s National Army in the fight against terrorism, crime and different scourges, including drug trafficking and smuggling, empowers it to be an essential partner in a continent shaken by crises.”

Algeria is making efforts to “resolve the outstanding issues” in the continent, which has created tension and various crises, including the decolonization issue of Western Sahara.”

Jul 5, 2022 to Jul 5, 2022

Agro-food industry: 19th Djazagro opens in Algiers 

The 19th tradeshow for agro-food production “Djazagro” opened Monday, in Algiers, with the participation of exhibitors from 25 countries.

The event, to run until June 2, will see the participation of 500 national and foreign exhibitors, over an area of 22,000 m².

The tradeshow is an opportunity to exchange experiences and expertise between the participants, in order to develop agro-food industries in Algeria, and shed light on the possibilities and ways to set up food processing plants in Algeria and the different techniques used in the field.

Djazagro is also an opportunity for operators in the field to present their latest innovations and for the participating companies to sign agreements.

The economic event deals with five specialties, namely equipment and logistics (47 %), wrapping and packaging (27 %), food and beverages (7 %), raw materials and components of food ingredients (13 %), hotel catering and bakery pastry equipment (6 %).

Jul 5, 2022 to Jul 5, 2022

Law on investment to enable car manufacturers to set up in Algeria.

The new law on investment will enable big car manufacturers to set up in Algeria “with a significant integration rate,” the Minister of Industry affirmed Sunday in Algiers.

The minister was speaking on the sidelines of an information day on the effective launch of the import regime of renovated production lines and the exemption of customs duties and value-added tax, components, and raw materials imported or acquired locally by subcontractors.

“We were in contact with many major car manufacturers, but there was no legislation,” said Zeghdar.

With the adoption of the new law on investment, large firms will come to manufacture cars, tractors, and buses with significant integration rates, he continued.

The draft new law on investment was adopted Thursday at a special meeting of the Council of Ministers, chaired by the President of the Republic, AbdelmadjidTebboune.

As for the new import regime of renovated production lines and the exemption of customs duties and value-added tax, components, and raw materials, imported or acquired locally by subcontractors, the minister called on investors and industrialists to seize “this opportunity”.

“The State will ensure its role of control under these two regimes through laboratories like the Algerian Accreditation Body (Algerac),” he said.

Zeghdar invited the operators who have lodged files to update them based on the new legislation.

Jul 5, 2022 to Jul 5, 2022

Industry: New law on investment to provide “strong impetus” to activity of companies.

The Minister of Industry, Ahmed Zeghdar said Tuesday that the new law on investment would provide “a strong impetus” to the activity of Algerian companies under an environment conducive to investments and a financial system that meets the aspirations of project holders.

Speaking at a national conference on “Financial guarantee as a support mechanism to SMEs,” held by the Guarantee Fund for Credits to Small and Medium-sized Enterprises (FGAR), Zeghdar stressed the need to make “2022 a business year par excellence,” especially under after the adoption of the “new law on investment that enshrines the freedom of investment and initiative”.

The new law aims to strengthen the prerogatives of the single window and “reduce significantly” the processing time of investment files. It also provides incentives for foreign direct investments (FDIs) that “create jobs and encourage the transfer of technology and expertise.”

Referring to this conference, the minister said it was part of the implementation of the recommendations of the President of the Republic to address the concerns of economic operators as to the implementation and development of their projects.

The public authorities have taken a series of measures for this purpose, including the establishment of support mechanisms specialized in financial guarantees, like FGAR and other agencies that facilitate access to bank loans for investors.

For his part, the Minister of Finance, AbderrahmaneRaouya said in a speech read on his behalf by the Director-General of the Treasury and Accounting Management of State Financial Operations that the granting of credits to SMEs had become simpler, in the sense that the financial guarantee is “the basis” of the banks-clients relationship.

FGAR and the Algerian-Saudi Company ASICOM seal an agreement to support SMEs in financing their projects.

Jul 5, 2022 to Jul 5, 2022

OFFER TO SELL CORONAVAC

The Algerian pharmaceutical company that widely exports human drugs to North, Central and West African countries, Saidal has developed a Corona Vaccine codenamed CoronaVacin partnership with the Sinovac Chinese Laboratory.

Marketing of this vaccine in Algeria was launched after obtaining the Registration Decision on the 30th December 2021 and this was after having gone through the various required test stages for efficiency and safety.

Whereas it was produced primarily to meet the domestic demand, Saidal also intends to export this vaccine to a wider African market, including Uganda, as its production capacity is currently at 60 million doses per annum and can be adjusted upwards to cater for the international demand, especially to the African market in line with the common goal of African Economic Integration.

Jul 5, 2022 to Jul 5, 2022

Algerian investors advised to invest in agri-business

UNCCl was hosting the Algerians from different sectors, on a mission to establish joint ventures and invest in Uganda’s industrial parks …

Jul 5, 2022 to Jul 5, 2022

EU position on Western Sahara confirms vainness of Rabat’s attempt to circumvent international law

ALGIERS-The Special Envoy in charge of the Western Sahara issue and Maghreb countries at the Ministry of Foreign Affairs and National Community Abroad, Amar Belani stressed Monday that the position of the European Union (EU) to fully support the United Nations (UN) efforts to engage a political process for the settlement of the Sahrawi issue “contributes to reducing the campaign led by Morocco to resurrect its 2007 proposal to a vain attempt to circumvent international law.” 

“This limpid position of the EU contributes to reducing the campaign led by Morocco to resurrect the proposal of 2007 to a vain attempt to circumvent international law,” stated Belani after the response of the EU High Representative for Foreign Affairs and Security Policy JosepBorrell regarding the Sahrawi issue.

 “The souk of Marrakech will remain a mystification and a swindle in which the puppeteer Bourita (Minister of Foreign Affairs) has lost the little credibility he had…,” wrote Amar Belani.