The People’s Democratic Republic of Algeria is the fourth largest economy on the African continent, with a population of 41 million and a GDP of US$156 billion. Its surface area of 2,381,741 sq.kms makes it the largest country in Africa. Algeria is bordered by Tunisia to the northeast, Libya to the east, Niger and Mali to the south, Mauritania and Western Sahara to the southwest and Morocco to the west.
In 2014, France became Algeria’s 2nd biggest partner with 11.4% of the market, behind China. France is also the largest non-hydrocarbon investor in Algeria. The gradual opening up of its market has attracted many investors, especially from Europe (Italy, Spain, Germany). This competition helps explain the steady erosion of France’s market shares in Algeria. Subsidiaries of French companies (around 450) employ almost 40,000 people, a figure which rises to 100,000 when indirect jobs are factored in (source : France Diplomatie, June 2019).
In order to meet the needs of its customers on the Algerian market, Simon Associés has developed privileged relations with economic and legal partners locally.