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submitted 2 days ago by qx1vsx@lemmy.ml to c/Dzair@lemmy.ml

Under the newly approved legislation, companies will be able to obtain a single mining permit valid for up to 30 years, covering both exploration and extraction activities.

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submitted 2 days ago by qx1vsx@lemmy.ml to c/Dzair@lemmy.ml

On February 19, Algerian President Abdelhamid Tebboune, in a speech read on his behalf by Prime Minister Ayman Ben Abdelrahman, during the 36th Summit of Heads of State and Government of the African Union, announced an injection of $1 billion for the benefit of the Algerian Agency for International Cooperation for Solidarity and Development, to finance development projects in African countries.

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submitted 2 days ago* (last edited 2 days ago) by qx1vsx@lemmy.ml to c/Dzair@lemmy.ml

On July 1, 2025, in Seville, Algerian Prime Minister Nadir Larbaoui reaffirmed Algeria’s pledge to allocate $1 billion to support development projects across Africa through its International Cooperation Agency.

The commitment echoes an earlier pledge made in 2023 by President Abdelmadjid Tebboune at an African Union summit.

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submitted 2 days ago by qx1vsx@lemmy.ml to c/Dzair@lemmy.ml

The Tunisian Finance Ministry reported that the value of the loan granted by Algeria to Tunisia amounts to $200 million, to be repaid over 15 years, including a five-year grace period, and with a fixed annual interest rate of 1 percent.

In response to Boussola regarding the grant, the ministry stated that "the grant granted by Algeria to Tunisia amounts to $100 million."

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submitted 2 days ago by qx1vsx@lemmy.ml to c/Dzair@lemmy.ml

During President Józef Aoun’s visit to Algeria on July 29, 2025, discussions included a pledge by Algeria to contribute $200 million as an initial support package toward rebuilding Lebanon’s war‑damaged infrastructure. Meanwhile, Algerians are suffering from a lack of infrastructure.

Algeria - الجزائر - ⴷⵣⴰⵢⵔ

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