In the context of contemporary global shifts, Algeria is striving to enhance inter-African trade as a strategic initiative aimed at diversifying its economy and reducing dependence on energy resources. However, despite the noble intentions behind this approach, significant challenges loom that may render it a failed venture under the current circumstances.

Underutilized Potential

Algeria, despite its wealth of non-energy resources, struggles with effectively harnessing these potentials. Agriculture, a cornerstone of the economy, continues to rely on traditional techniques susceptible to climatic fluctuations, hindering self-sufficiency. Meanwhile, the manufacturing sector faces structural challenges that impede its growth, with many factories operating below capacity and lacking adequate support for innovation and renewal.

Lost Opportunities in Tourism and E-Commerce

Algeria boasts diverse tourist attractions; however, the tourism sector, which could serve as a vital economic driver, suffers from inadequate infrastructure and services. Furthermore, e-commerce, which is flourishing in many parts of the world, remains in its infancy in Algeria, facing obstacles related to transactional trust and a lack of technological support.

The Need for Scientific Research Advancement

Scientific research and innovation are fundamental engines of economic progress. Yet, these areas are plagued by insufficient funding and support, leaving Algeria distant from achieving significant advancements across various fields. Investing in research and innovation must be a priority in economic policy.

Persistent Challenges of Unemployment and Reforms

Unemployment, particularly among the youth, constitutes one of the most pressing challenges for Algeria. High unemployment rates underscore the urgent need for radical economic reforms that promote transparency and create an attractive investment environment.

Conclusion: Reevaluating Strategic Approaches

Given these profound challenges, it becomes evident that the shift towards inter-African trade may be more complex than it appears. If Algeria fails to improve its infrastructure and bolster productivity, this initiative may face the prospect of failure. Thus, policymakers must reassess their economic strategies and focus on achieving sustainable development that enhances Algeria’s capacity to confront future challenges.

Economic thought, as defined by figures like Malek Bennabi, necessitates deep and comprehensive vision, which must translate into tangible reality that fosters justice and development.