Algeria and Spain explore industrial and energy partnerships at Madrid forum

Kamel Moula, head of the Algerian Economic Renewal Council (CREA), participated in the third Ibero-African Forum in Madrid to discuss potential joint ventures with Spanish firms. The focus areas include renewable energy, green hydrogen, fertilizers, and the automotive industry. Moula emphasized the need for co-production, technology transfer, and the integration of local businesses into global value chains. The forum highlighted the South2 hydrogen corridor project as a significant avenue for industrial cooperation between Algeria and Europe. CREA reaffirmed Algeria's role as a reliable energy partner, noting that geographic proximity and shared industrial potential are key to fostering long-term economic growth and job creation.