Algerian Radio
Ministers, CEOs, and experts affirmed during the second edition of the "CEO Survey Algeria 2026," held this Tuesday in Algiers, that Algeria is moving toward consolidating comprehensive economic sovereignty based on valuing national resources, diversifying financing sources, and accelerating digital transformation.
These statements were made during panel discussions hosted at the International Conference Center (CIC) "Abdelatif Rahal," as part of the presentation of the "PwC CEO Survey" results. The event was organized by the "PwC" consultancy firm in cooperation with the Algerian Economic Renewal Council (CREA), in the presence of government members, heads of institutions, and economic experts.
In this context, the Minister of Finance, Abdelkrim Bouzred, emphasized the importance of diversifying financing sources for the national economy by developing the stock market and modernizing the financial system. He noted that the widespread adoption of digitalization in the tax and customs sectors would enhance transparency and integrate resources into official channels, alongside the growing interest in Sharia-compliant sovereign bonds as an alternative financing tool.
For his part, the Minister of Energy and Renewable Energies, Mourad Adjal, explained that the national energy transition strategy aims to strengthen energy sovereignty by increasing the share of renewables and developing major projects, with a focus on localizing the associated industry. He added that the government is working to activate "energy management" files and implement a new strategy for consumption efficiency, including comprehensive energy audits, as part of a plan to decarbonize the energy mix.
In the hydrocarbons sector, the Minister of State, Minister of Hydrocarbons, Mohamed Arkab, stated that the launch of the "Algeria Bid Round 2026" reflects Algeria's commitment to providing a transparent and stable investment climate, supported by a flexible legal framework and simplified, digitalized procedures.
The Minister of Mines and Mining Industry, Mourad Hanifi, affirmed that developing the mining sector is a cornerstone for achieving food and industrial security. He pointed to major structural projects such as the Integrated Phosphate Project and Gara Djebilet, which embody the shift from exporting raw materials to valuing them locally.
In the pharmaceutical sector, Minister Wassim Kouidri explained that Algeria has reached an 83% coverage rate for its medicine needs, with a move toward strengthening research, innovation, and expanding export capacities, particularly toward African markets.
From her side, the High Commissioner for Digitalization, Meriem Benmouloud, reviewed Algeria's progress in building a sovereign digital model by completing the legislative and technical frameworks and transitioning to the stage of digital governance and localized innovation.
In the same vein, the General Manager of the Algerian Investment Promotion Agency (AAPI), Omar Rekkache, noted that the survey results reflect a positive level of confidence in economic reforms, explaining that 53% of registered projects are currently under implementation, while more than 1,400 projects have entered production.
Furthermore, the CEO of "Tosyali Algérie," Alp Topcuoglu, announced that Algeria is preparing to enter a new industrial phase starting next September by producing and exporting high-quality types of steel. He highlighted the country's transformation from an importer to a regional hub thanks to structural projects, led by the Gara Djebilet mine (Tindouf), which will enable the production of approximately 4 million tons of iron for local valuation.
On his part, the Managing Partner at "PwC," Karim Sassi, praised the economic dynamics in Algeria, considering them based on deep reforms and major projects that have granted the national economy a better ability to face geopolitical fluctuations.
International mining expert Marcel Geni considered that Algeria’s possession of energy and mineral resources grants it the elements for global leadership in the mining industry, stressing that the primary challenge lies in employing technology to value these resources and reduce dependency on imports.
