In his annual address to economic operators, President Abdelmadjid Tebboune announced that Algeria has achieved an economic growth rate of 3.9%, solidifying its position as the third-largest economy in Africa. The President highlighted significant shifts in domestic production, noting that the country now exports food products it previously imported at high costs. In the energy sector, he confirmed that Algeria has ceased all gasoline imports since 2023 and now possesses a surplus of kerosene for export. Additionally, local pharmaceutical production has surged, meeting 84% of national demand compared to 10% in the past. President Tebboune also revealed plans for the manufacturing of a 100% Algerian car, including engines and transmissions, by the end of 2028.