Sunday, 18 October 2026 • 22:45 Algiers time
Algeria Gate
News Room
Cameron Hudson: UAE is virtually the sole backer of the RSF..without its support the war in Sudan would not continue Algeria-Niger: Official launch of Trans-Saharan fibre optic link Five minutes of lament over Algeria: Amar Belani exposes CNEWS’s real obsession Algerian courts hand down first death sentences under new drugs law Ségolène Royal’s masterclass on Algeria against an ignorant and demagogic journalist President Tebboune and senior officials receive the remains of Boualem Boualem in Algiers NAPEC 2026 in Oran: Algeria at the Heart of Africa’s and the Mediterranean’s New Energy Landscape Pegasus Files: Amnesty Uncovers Morocco’s Espionage Against Spain President Tebboune Orders Salary Increases in Algeria’s 2027 Budget, Rules Out New Taxes on Citizens Algeria Emerges as a Trusted Power for Regional Peace and Stability
Share this post

African Development Bank Raises Algeria’s Economic Growth Forecasts

• Author: بوابة الجزائر • 0 comments • 142 views
African Development Bank Raises Algeria’s Economic Growth Forecasts

The African Development Bank (AfDB) has raised its forecasts for Algeria’s economic growth, reflecting growing confidence in the country’s economic stability and resilience despite ongoing global economic uncertainty and fluctuations in energy markets.

In its latest “African Economic Outlook 2026” report, the AfDB projected Algeria’s real GDP growth at 4.1% for 2026, compared to earlier estimates of around 3.4%, marking a significant upward revision. The bank also expects growth to continue improving in 2027, reaching approximately 4.2%.

According to the report, this stronger outlook is mainly driven by increased public investment and the continued expansion of non-hydrocarbon sectors, particularly industry, agriculture, and services. The bank highlighted Algeria’s efforts to diversify its economy and reduce dependence on oil and gas revenues, noting that these reforms are beginning to show tangible results.

The report also emphasized the positive performance of Algeria’s domestic economy, supported by rising industrial and agricultural production as well as stronger internal consumption. In addition, inflation rates have declined considerably, dropping from 4.4% in 2024 to an estimated 1.7% in 2025, helping improve purchasing power and economic stability.

The AfDB further praised Algeria’s social and development policies, which contributed to improving development indicators and reducing social disparities across the country.

These revised forecasts are consistent with Algeria’s 2026 Finance Law projections and align with estimates from other international financial institutions, including the International Monetary Fund, which also raised its expectations for Algeria’s economic growth.

Observers believe the upgraded forecasts reflect the improving international perception of Algeria’s economy, especially as the country continues investing in infrastructure, industry, agriculture, and energy projects while strengthening economic partnerships with several nations worldwide.

Despite global geopolitical tensions and economic pressures affecting many countries, Algeria appears to be positioning itself among the more stable and steadily growing economies in Africa for the coming years.

Author
بوابة الجزائر
View my articles

Leave a comment

Your email address will not be published. Required fields are marked *

African coast
Share this post

Algeria Welcomes Eid in a Spiritual Atmosphere: Djamaa El Djazaïr Embodies National Unity

Algeria Welcomes Eid in a Spiritual Atmosphere: Djamaa El Djazaïr Embodies National Unity

Algiers – With the first light of Eid morning, Algeria was dressed in an atmosphere of joy and serenity. Eid takbeers echoed from mosque minarets across the country, announcing a day that embodies values of compassion and brotherhood. The most striking scene this year was at Djamaa El Djazaïr in the capital, where President Abdelmadjid Tebboune performed Eid prayers among large crowds of citizens.

https://twitter.com/algatedzEng/status/2059688179989405843?s=20

Eid Prayer at Djamaa El Djazaïr: Symbolism of Place and Time

In Africa’s largest religious and cultural landmark, worshippers lined up in a scene reflecting national unity and the strong bond between the people and their leadership. The presence of President Tebboune at the Eid prayer was not merely a protocol gesture; it carried deeper meanings highlighting the mosque’s role as a spiritual and cultural hub connecting Algeria to its Islamic heritage and future aspirations.

The Eid sermon delivered at the Great Mosque focused on values of solidarity, rejection of division, and strengthening national cohesion, calling on Algerians to draw inspiration from the spirit of Eid in building the nation and safeguarding its stability.

The Pulse of Algerian Society: Joy Beyond Challenges

Outside the mosque, streets were filled with citizens exchanging greetings in a warm family atmosphere. Eid in Algeria today carries a special character, where authentic traditions stand out, making Eid—whether Eid al-Fitr or Eid al-Adha—a moment for strengthening family ties and bringing joy to children and those in need.

https://twitter.com/algatedz/status/2059646644967047258?s=20

Algerian families continue, despite social changes, to preserve their customs: from preparing traditional sweets to wearing traditional clothing that reflects the richness and diversity of Algerian heritage.

https://twitter.com/algatedz/status/2059681113396662389?s=20

Messages Inspired by Eid

This year’s Eid celebrations reaffirm the resilience of Algerian society and its strong attachment to its identity. At a time when the region is experiencing rapid geopolitical and security challenges, the scene from Djamaa El Djazaïr sends a message of reassurance and stability, confirming that Algeria continues its development path in harmony between leadership ambitions and the people’s aspirations.

This occasion is not only a day of rest but also a moment to renew commitment to work and continue building the “New Algeria,” drawing from the spirit of Eid the strength to face challenges and pursue progress and development.

May Algeria and its people enjoy peace, security, and prosperity every year.

Author
بوابة الجزائر
View my articles
Algeria
Share this post

President Abdelmadjid Tebboune Extends Eid al-Adha Greetings to the Algerian People

President Abdelmadjid Tebboune Extends Eid al-Adha Greetings to the Algerian People

On the occasion of Eid al-Adha, President Abdelmadjid Tebboune extended his heartfelt greetings to the Algerian people, expressing his sincere wishes for peace, prosperity, and blessings to prevail across the country.

https://twitter.com/algatedzEng/status/2059357850242093327?s=20

In his message, the President highlighted the deep spiritual and human values associated with Eid al-Adha, emphasizing that this religious celebration embodies sacrifice, solidarity, and compassion. He noted that these principles are deeply rooted in Algerian society and remain essential in strengthening national cohesion, especially during challenging times.

President Tebboune stressed the importance of reinforcing social unity and mutual support among citizens, calling for greater solidarity with vulnerable and needy groups. He underlined that Eid al-Adha is not only a religious ritual but also an opportunity to strengthen family ties, promote social harmony, and spread values of generosity and cooperation.

https://twitter.com/algatedz/status/2059356924458475731?s=20

He also pointed out the ongoing efforts of the state to support charitable and humanitarian initiatives, encouraging civic engagement and voluntary work as key pillars for reinforcing social stability and national solidarity.

The President concluded his message by praying for the protection of Algeria, wishing its people continued security, stability, and progress, and hoping that this blessed occasion returns to the nation and the entire Islamic world with peace, prosperity, and wellbeing.

Author
بوابة الجزائر
View my articles
Algeria
Share this post

Lieutenant General Saïd Chanegriha congratulates members of the army and the Algerian people on the occasion of Eid al-Adha

Lieutenant General Saïd Chanegriha congratulates members of the army and the Algerian people on the occasion of Eid al-Adha

Algiers – On the occasion of Eid al-Adha for the Hijri year 1447, Lieutenant General Saïd Chanegriha, Minister Delegate to the Minister of National Defense and Chief of Staff of the People’s National Army, extended his sincere congratulations to all members of the People’s National Army, as well as to the Algerian people as a whole.

https://twitter.com/algatedzEng/status/2059368970164314408?s=20

In his message, the Lieutenant General expressed his heartfelt wishes for continued health, happiness, and prosperity for army personnel and their families, as well as for the proud Algerian people. He also highlighted the strong bond between the national army and its citizens, considering this religious occasion an opportunity to reinforce values of brotherhood and national unity.

Chanegriha emphasized that the security and stability Algeria enjoys today are the result of the joint efforts of the People’s National Army, the loyal heir of the National Liberation Army, in close harmony with the Algerian people, under the guidance of the President of the Republic, Supreme Commander of the Armed Forces and Minister of National Defense.

He also stressed that protecting Algeria’s land and people and securing its national borders remains a sacred duty that requires continued hard work and dedication, in remembrance of the sacrifices of the martyrs of the liberation revolution and national duty martyrs, in order to ensure a secure and prosperous future for the country.

https://twitter.com/mdngovdz/status/2059356017918464285?s=46

The Chief of Staff concluded his message by reaffirming his confidence in the continued modernization and development of the armed forces, while renewing his congratulations to the Algerian people, praying that God Almighty may bring this occasion back to the nation with goodness, blessings, and prosperity, and to Algeria with further progress and development under the path of a “New and Victorious Algeria.”

Author
بوابة الجزائر
View my articles