President Tebboune stresses the establishment of good governance in the industrial sector – New Algeria

a statement president, Abdel Majeed Tebboune, to participate Algeria In this important continental event, the “Semica Chad 2026” exhibition, N’Djamena, as the guest of honour, reflects its firm commitment to supporting African cooperation and strengthening the South-South partnership. Based on the firm conviction that Africa’s future is built with the help of its people and through the integration of its capabilities and resources.

President Tebboune, in his speech delivered on his behalf by the Minister of State and Minister of Hydrocarbons and Mines, Mohamed Arkab, affirmed that the African continent is replete with enormous natural resources. Especially in the areas of hydrocarbons and strategic minerals. However, the real challenge lies in properly managing and valuing these resources. Transforming it into a real lever for sustainable economic and social development, and creating added value and jobs. In a way that serves the aspirations of the African peoples.

Not far from that, he stressed the need to establish good governance for the extractive industries sector, based on transparency. Localization of knowledge, technology transfer, and respect for environmental standards. And enhance local content, while encouraging responsible investments and balanced partnerships that achieve mutual benefit.

In his speech, the President of the Republic highlighted the Algerian experience in my field Fuel And mines. Based on national control of resources, developing value chains, and building human capabilities. He stressed Algeria’s readiness to share its experience with sister African countries. Especially in the areas of exploration, production, conversion, formation, and research and development.

On another level, President Tebboune noted that Algeria places African cooperation at the heart of its foreign policy. It gives special importance to structured regional projects that promote economic integration and support energy security. It contributes to achieving common development, reiterating Algeria’s commitment to accompany African efforts. Aiming to build a strong, united and sustainable continental economy.