The African Energy Chamber highlighted Algeria’s progress in the hydrocarbons sector, particularly in the legislation on investment, noting that this progress serves as a model for African oil and gas producers.
In an article posted on its website, the African Energy Chamber said that Algeria, “already one of Africa’s most active oil and gas producers, has seen even more momentum in 2025,” emphasizing investors’ growing confidence in the Algerian energy sector, amid a positive investment climate, especially under the current law on hydrocarbons.
The article also addressed the agreements signed between Sonatrach and several international companies in recent months, notably after the National Agency for the Valorization of Hydrocarbon Resources in Algeria (ALNAFT) launched the 2024 Bid Round.
The same source also highlighted the development and partnerships agreement sealed with Saudi Arabia’s Midad Energy Group and the People’s Republic of China’s Sinopec Group, and also the agreement still under talks with ExxonMobil and Chevron, adding that “Algeria’s progress offers a timely lesson for African nations with petroleum resources.” The continental organization showcased Africa’s energy potential, which includes “an estimated 125 billion barrels of proven oil reserves and roughly 625 trillion cubic feet of natural gas as of 2025,” which the AEC described as “jobs, infrastructure, and prosperity waiting to be unlocked.” According to the Chamber’s report entitled “State of African Energy: 2026 Outlook Report,” Africa’s overall hydrocarbon production is projected to hold steady at around 11.4 million barrels of oil equivalent per day.
Touching on Africa’s renewable energy, the African Energy Chamber said that the continent’s renewable energy sector “holds the potential to reshape the power landscape and enhance energy security for millions,” and added that “between 2020 and 2025, Africa invested USD34 billion in clean power technologies, with 52% directed towards solar power and 25% towards onshore wind.” The African Energy Chamber, headquartered in Johannesburg, South Africa, is an African organization aimed at fostering the continent’s energy sector, enhancing investments, supporting energy resources development, as well as promoting energy achievements in Africa.
