Imagine a country that used to rely heavily on oil for its income, suddenly transforming into a powerhouse of self-sufficiency and innovation. That’s exactly what Algeria is doing under President Abdelmadjid Tebboune. This North African nation is on a mission to rewrite its economic story—and it’s already making waves.

A Wheat Revolution in the Making

In September, President Tebboune made a bold promise: by the end of 2025, Algeria would become self-sufficient in durum wheat production. Durum wheat is a staple crop used to make pasta, couscous, and bread. To make this happen, the country is planting a record 1.6 million hectares of durum wheat in the 2024-25 season—enough to meet 80% of its annual needs.

This isn’t just about wheat; it’s a symbol of Algeria’s broader push for independence in food production. The government’s strategy is clear: rely less on imports and focus on growing what the country needs.

International Praise and Economic Growth

Algeria’s efforts haven’t gone unnoticed. In July, the World Bank reclassified Algeria as an upper-middle-income country, a rare accomplishment in the region. Ousmane Dione, the World Bank’s vice president for the Middle East and North Africa, even called Algeria’s economy a “success model” that other countries in Africa and the Middle East should follow.

In 2023, Algeria’s economy grew by 4.1%, thanks to reforms that updated the country’s economic data to meet global standards. This growth is part of a larger transformation that started when Tebboune took office in 2019. His plan focuses on supporting small and medium-sized businesses, promoting local production, and cutting unemployment—all while safeguarding the nation’s foreign currency reserves.

New Jobs, New Industries

Algeria is also making huge strides in creating jobs. The government recently approved 3,000 new investment projects, generating 250,000 jobs across sectors like agriculture, mining, and industry. Major projects include the development of key mines, such as the Gara Djebilet iron mine, Oued Amizour zinc mine, and a massive phosphate project in Bled El-Hadba.

In agriculture, the country is building the world’s largest dairy farm, spanning 117 hectares, in partnership with Qatar. This $3.5 billion project aims to boost Algeria’s dairy production and further reduce reliance on imports.

From Importer to Exporter

Thanks to reforms since 2020, Algeria has shifted from being an importer to an exporter in several areas. For example, the country now sells construction materials, cement, and clinker to other nations. In 2022, non-oil exports reached a record $7 billion—the highest in 40 years.

Stronger Ties with Africa

Algeria is also expanding its influence across Africa. In 2021, it joined the African Continental Free Trade Area (AfCFTA), making it easier to trade with other African nations. The country has launched new trade routes, including a maritime link with Mauritania and Senegal, and is working on a land route to Mauritania.

President Tebboune also allocated $1 billion to fund development projects across Africa, helping Algerian businesses establish a stronger presence on the continent. New banks have opened in countries like Senegal and Mauritania, and more are on the way.

Standing Up to the EU

Algeria is also reevaluating its economic relationships with Europe. Since 2005, it has been part of an agreement with the European Union (EU) to gradually remove customs duties. However, Tebboune has announced plans to renegotiate this agreement by 2025, arguing that Algeria’s stronger economy requires fairer terms.

A Future Beyond Oil

Historically, Algeria depended on oil and gas for most of its income. While the country remains a top gas supplier to Europe, the government is committed to diversifying its economy. By 2023, Algeria had $70 billion in foreign currency reserves and no external debt—a significant milestone for a country that once heavily relied on loans.

In the energy sector, Algeria remains Africa’s leading gas exporter, but it is also investing in non-oil exports and local industries. The country has joined the BRICS New Development Bank, contributing $1.5 billion to become the bank’s ninth member. This move is expected to further boost Algeria’s financial stability and global influence.

The Wheat of Independence

Perhaps the most striking symbol of Algeria’s transformation is its focus on wheat. The country is working with partners from Qatar and Italy to increase wheat production, especially in its southern regions. The goal is not just to grow enough for its own needs but to become a key player in the global market.

President Tebboune’s ambitious agenda reflects a new era for Algeria—one that moves away from reliance on oil and embraces a diversified, self-reliant economy. With its bold plans, Algeria is setting an example for other nations in Africa and beyond, proving that with determination and vision, economic miracles are possible.