Algeria, the largest country in Africa, has a population of 42,334,178 people who mostly live in an urban area ( 73.4 %). The largest cities of the country with vast business opportunities are Algiers (3.42 mln), Boumerdes (786,499), Oran (645,984), Tebessa (634,332).
Algeria’s economy is based on exports of oil and natural gas. There are several long-term economic challenges in the country like getting rid of the economy dependance on hydrocarbon exports; strengthening the private sector, engaging foreign investment, and providing enough relevant jobs for younger Algerians.
Owning a franchise business in Algeria can have some significant benefits. The country has low-cost gas, fuel and electricity, a franchise owner can easily find qualified employees ready to work for not high salaries.
The country is absolutely open for foreign investments. Previous years 49% of them were in the industry, 15% in a construction business, 11% in tourism, 9% in transports, 8% in services and 4% in telecommunications.
Franchise business is starting to expand in the country due to a great demand for popular brands highly advertised on the Internet and a large consumer market. The competition is still low, which provides vast opportunities for franchise businesses in many sectors.
There are high investment business opportunities, as well as cheap franchises in Algeria presented for review, the choice is yours.
Currency: Dinar (DZD, دج, DA)
Education Index (2015): 0,658
Official languages: "Arabic, Berber"
Per capita GDP (PPP): $15,758
Quality-of-life index (0-10): 5,86
Population: 42,2 mln
Total GDP (PPP): $666,960 billion
Ease of Doing Business Ranking, Rank: 157
Human Development Index (HDI): 0,754