Algeria’s Zitouni Discusses Cooperation with Director of Arab Bank for Economic Development in Africa

BY: Dr. Hana Saada

Algiers, Algeria | October 17th, 2024 — Algerian Minister of Trade and Export Promotion, Tayeb Zitouni, engaged in discussions with Sidi Ould Tah, the Director-General of the Arab Bank for Economic Development in Africa (BADEA). The dialogue primarily focused on strategies to enhance cooperation between Algeria and the bank, particularly in financing projects that facilitate trade and exports to African markets.

The two sides emphasized the critical role of financial support in advancing initiatives that bolster Algeria’s economic presence in Africa. They highlighted the need for collaborative efforts to fund projects that align with Algeria’s strategic goals, particularly those aimed at improving food security. The discussions underscored the importance of enhancing production capabilities and ensuring sustainability to meet both domestic and regional demands.

Minister Zitouni reiterated Algeria’s commitment to fostering partnerships that drive economic growth and development within the continent. By strengthening ties with BADEA, Algeria aims to leverage financial resources that will contribute to a more robust trade framework and a secure food supply, ultimately benefiting the nation’s economy and its standing in the African market.

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