North Africa’s economic momentum picks up fast

Algeria’s economy is expected to grow faster than previously forecast, with the African Development Bank projecting GDP growth of 4.1% in 2026 and 4.2% in 2027  a sign of rising momentum beyond the country’s traditional reliance on hydrocarbons.

Presented during the institution’s annual meetings in Brazzaville, the report points to strong public investment and expanding non-oil sectors as key drivers behind the improved outlook.

The bank also highlighted the massive Algeria-Tamanrasset railway project as one of Africa’s most transformative infrastructure ventures, citing its strategic role in boosting continental connectivity and accelerating regional economic integration.

The report further ranked Algeria among the continent’s most advanced nations in terms of human development, reinforcing the country’s broader push to diversify its economy and modernize critical infrastructure.