Business

04.09.2025

Algeria Launches New Maritime Line to Boost African Trade

Illustration for: Algeria Launches New Maritime Line to Boost African Trade

In statements to ‘Sputnik’ on the sidelines of the Intra-African Trade Fair in Algeria, it was explained that “Algeria has launched a new maritime line starting from the capital, Algiers, passing through Oran, reaching Nouakchott, and then Dakar,” noting that “the project enhances connectivity between North and West African countries.” He further confirmed that “the feasibility study for the project is being conducted in collaboration with partners from these countries, with efforts to start implementation before the end of this year.

Regarding the Intra-African Trade Fair in Algeria, Algerian Minister of Transport, Saïd Sayoud, emphasized that all indicators are positive and promising for success, pointing out that he is relying on the signing of significant deals by public and private economic operators, in addition to financing agreements with banks participating in organizing the event.

The opening activities of the fourth edition of the Intra-African Trade Fair (IATF 2025) in Algeria have just begun, marking the first edition organized since the African Continental Free Trade Area (AfCFTA) agreement came into effect.

According to the Algerian News Agency, the organizers expect to record deals exceeding 44 billion dollars, with the participation of more than 2000 exhibitors and attendance of 35,000 visitors from major international economic actors.