The Department of Trade and Industry (dti) is promoting the Algiers International Trade Fair to be held in Algeria from May 8-13 as a gateway for South African goods and services into North Africa.
“Algeria’s consistent political stability and economic growth positions the country as an important and strategic economy in the North Africa region,” said dti deputy minister Bulelani Magwanishe. “This gives South Africa an opportunity to continue to position itself and explore economic opportunities in the North Africa region.”
The dti will be leading a delegation of South African companies from the agro-processing, capital equipment and mining, steel fabrication, electrotechnical and chemicals sectors to the trade fair.
“Besides its huge purchasing power, Algeria is diversifying from the oil industry and has therefore identified trade and investment opportunities which South Africa can consider as part of its investment-led trade plan for the rest of the African continent,” added Magwanishe.