in Short
Algeria : $1 billion pledged for African development projects

On July 1, 2025, in Seville, Algerian Prime Minister Nadir Larbaoui reaffirmed Algeria’s pledge to allocate $1 billion to support development projects across Africa through its International Cooperation Agency. The commitment echoes an earlier pledge made in 2023 by President Abdelmadjid Tebboune at an African Union summit.