Wondering where your next market is? You’ve come to the right place.
Evaluating the market in Algeria
We can help you get a better understanding of market activity, relationships and support to grow your business.
Open on restricted basis
What this means:
Responsive approach to business
EDC solutions are available on a restricted basis
How does EDC determine the position?
EDC takes the following into account when determining the position in a given market:
Government of Canada restrictions
Political, human rights and corruption risks
Other factors that may be taken into consideration are: size of the economy, diversification of the economy, risk of natural disasters
What this means:
The Commercial Country Ceiling (CCC) Risk Rating is measured from low to high, and is meant to represent the best possible rating that can be assigned to a commercial business (obligor) in a country.
How does EDC determine the risk rating?
The CCC risk rating is impacted by the Sovereign Probability of Default (ability and willingness to honour financial obligations), political risks, and other mitigating or worsening factors.
Business environment in Algeria
Opportunities exist in the public sector for Canadian exporters in the infrastructure and oil and gas sectors. There appears to be minimal scope for foreign investment and foreign financing in Algeria due to the country's current regulatory environment. The government banned some imports to the country in 2017 and desires to see more foreign investors produce in Algeria and export to other African markets. Localized political violence and occasional socio-economic protests remain a concern in some areas of the country.