Algeria is steadily emerging as a prime destination for foreign investment, with the United States now taking the lead as the country’s top economic partner.
In a recent interview with the Algerian media outlet L’Expression, US Ambassador Elizabeth Moore Aubin revealed that American investors alone account for nearly 29% of Algeria’s total foreign direct investment (FDI).
This dominant share places Washington far ahead of other traditional economic partners.
“More than 100 American companies are established in Algeria, operating across multiple sectors,” Ambassador Aubin said.
“Energy remains a strategic area of cooperation, but telecommunications, agriculture, and other industries also benefit from American expertise and capital.”
She added that this diversification reflects a long-term commitment to a balanced partnership, rather than a relationship focused solely on hydrocarbons.
Trade relations between the two nations are also expanding.
In 2022, bilateral trade reached $4.2 billion, with trends pointing upward. Analysts attribute this growth to both the attractiveness of Algeria’s market and the complementarity of the Algerian and American economies.
By securing the position of leading foreign investor, the United States is signaling confidence in Algeria’s political stability and development prospects.
For Algiers, this milestone enhances the country’s image as a strategic business hub in North Africa, capable of attracting significant international capital.
Beyond raw investment figures, the US-Algeria partnership is expected to open doors for further opportunities, including infrastructure modernization, technology transfer, and professional training programs.
Experts note that such initiatives could have lasting impacts on Algeria’s economic diversification, workforce development, and regional competitiveness.
With its growing FDI portfolio and expanding trade links, Algeria is increasingly seen as a magnet for global capital.
The United States’ prominent role underscores both the strategic importance of the Algerian market and the potential for deepening transatlantic economic ties in the years ahead.
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