Algeria Opens New Horizons for South African Investment in the Hydrocarbons Sector

Algeria and South Africa discussed expanding investments and partnerships in the oil and gas industry, including exploration, production, refining, petrochemicals, and gas marketing, as well as developing infrastructure and technology transfer, inviting South African companies to explore available investment opportunities in Algeria and participate in the Algerian bidding round for 2026. This came during talks held by the Minister of State, Minister of Hydrocarbons, Mohamed Arkab, on Thursday in Algiers, with the Minister of International Relations and Cooperation of South Africa, Ronald Lamola, who is on a working visit to Algeria, in the presence of the ambassadors of both countries and several officials from both sides.