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Natural resources at its finest

Oil baron

Algeria has some of the largest deposits of oil and natural gas across the globe. With such an abundance of hydrocarbons, the country is among the top producers worldwide. Private companies have been slow to invest in sectors aside from the oil and gas industry. This is partly because Algeria is not a member of the World Trade Organization which offers certain industrial protection rights. There are also restrictions on the involvement of foreign companies in key sectors, which are dominated by state-owned organisations.

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