The economist, Dr. Bouhous Bouchikhi, said that the Algerian Agency for International Cooperation for Solidarity and Development is affiliated with the Presidency of the Republic, and the step approved by President Abdelmadjid Tebboune to grant one billion dollars for the development of Africa means that the African governments that joined this project must apply to the Agency to request development similar to establishing Economic projects in these countries, such as establishing iron facilities or ordering goods.
The spokesman added, in a statement to Al-Hiwar, that the agency obtains requests and assigns Algerian companies, public or private, to invest in these countries, and in this case Algeria will manage the debt of the countries benefiting from the project remotely, likening this project to the “Marshall Economic” project that was put forward by the states. The United States of America after World War II 1947, for the reconstruction of Europe, which was ravaged by the war, which was estimated at 20 billion US dollars, provided that the institutions concerned with this process are American institutions, which later made America, as he said, the locomotive leading the world. Accordingly, the same expert believes that there are many large projects in our great south extending towards Africa, such as the railway project, whose network will extend across the Sahara African desert, Algeria and Burkina Faso, and also connects with Senegal, as well as the wall or the green belt, and other projects that will enhance Algeria’s role in Africa.
Nasira Saidali
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