News

Algeria Raises 2026 Agriculture Budget to $5.8 Billion

Algeria Raises 2026 Agriculture Budget to $5.8 Billion
Thursday, 06 November 2025 20:02
  • Algeria allocates $5.84B for agriculture in 2026 draft budget
  • Funds target modernization, rural development, and cold-chain gaps
  • Sector struggles with low yields, high food imports, and drought

The Algerian government has authorized 764.2 billion dinars ($5.84 billion) in spending for the agriculture sector under the draft 2026 Finance Bill. Agriculture Minister Yacine El-Mahdi Oualid announced the figure on November 3 during a session with the National People’s Assembly’s Finance and Budget Committee.

The proposed budget is 4% higher than the 2025 allocation. According to details reported by Algérie Presse Service (APS), 90.25% of the funds will go to agriculture and rural development programs, 6% to forestry, 3% to general administration, and the remainder to fisheries and aquaculture.

The increase follows the National Conference on Agricultural Modernization, held on October 27-28, where the government reiterated its commitment to tackling persistent challenges in the sector. Local media said the conference stressed the need for a technology-driven agricultural transformation amid weak performance across several sub-sectors.

According to the Ministry of Agriculture, average annual cereal yields stand at 1.8 metric tons per hectare, less than half the global average of 3.9 tons. Other issues include inadequate cold-chain and storage capacity, which causes post-harvest losses of 20-30% each year. Modern irrigation covers only 15% of irrigated farmland, even as the country faces declining water resources from chronic drought worsened by climate change.

These structural constraints continue to limit Algeria’s agricultural potential and keep the country heavily reliant on food imports. Algeria was Africa’s second-largest food importer after Egypt in 2024, with its food import bill rising 10.7% to $10.97 billion, according to the Central Bank of Algeria. The bank said the increase was driven mainly by meat, vegetables (especially legumes), and cereals such as wheat and barley.

Stéphanas Assocle

On the same topic
Group profit reached 743 billion naira ($481 million) in 2025, but Nigeria pretax earnings dropped 19% Africa subsidiaries doubled their...
The SARB's own April 2026 Monetary Policy Review shows rate cuts "delayed to Q4" under its baseline — but scenarios show "it may be necessary to raise...
Nigeria's 58 insurers face a July 30, 2026 deadline to meet sharply higher capital thresholds set under the Nigerian Insurance Industry Reform Act of...
World Bank forecasts rubber prices rising to $1.90/kg in 2026 Demand growth, supply deficits drive sixth consecutive market shortage Africa...
Most Read
01

Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...

Tanzania Secures $2.33 Billion in Syndicated Financing for Standard Gauge Railway
02

From WHO-led efforts to strengthen pandemic preparedness to measles vaccination drives in Uganda, al...

Weekly Health Update | Africa Steps Up Pandemic Preparedness as Health Sovereignty Takes Center Stage
03

Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...

Two Other African-focused Private Equity Firms to Snap Up assets shed by Global Majors
04

Ecobank named alongside AfDB, ECOWAS, EBID and BOAD in the April 27, 2026 corridor financing mis...

Ecobank's Quiet Inclusion in the AfDB Mission Reshapes the Abidjan-Lagos Corridor Story
05

Jetour to produce T1, T2 SUVs in South Africa from 2027 Chery to acquire Rosslyn plant, cre...

Chinese Automaker Jetour to assemble SUVs in South Africa from 2027
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.