Rich in significant natural resources, hydrocarbons, and strategic minerals, the African continent must ensure it transforms this wealth into a true lever for sustainable economic and social development. Proper management and valorization of these resources are required.
This is the plea from the President of the Republic, Abdelmadjid Tebboune, at the opening of the International Exhibition of Mines, Quarries, and Hydrocarbons SEMICA Chad 2026, which opened this Wednesday in N’Djamena, the capital of Chad. “The African continent is endowed with immense natural wealth, particularly in the fields of hydrocarbons and strategic minerals. However, the real challenge lies in the proper management and valorization of these resources, as well as their transformation into a true lever for sustainable economic and social development that creates added value and jobs, serving the aspirations of African peoples,” affirmed the President of the Republic in a speech read on his behalf by the State Minister for Hydrocarbons and Mines, Mohamed Arkab, at this continental event dedicated to the hydrocarbons and mining sector.
It should be noted that Algeria’s participation in this event as the guest of honor “reflects its constant commitment to supporting African cooperation and strengthening South-South partnerships.” He insisted on “the need to establish good governance in the extractive industries sector, based on transparency, localization of expertise, technology transfer, respect for environmental standards, strengthening local content, as well as encouraging responsible investments and balanced partnerships that generate mutual benefits.”
In this regard, the President highlighted Algeria’s experience in the fields of hydrocarbons and mines, “based on national mastery of resources, development of value chains, and training of human resources.” He thus reaffirmed Algeria’s willingness to share its experience with African countries, particularly in the areas of exploration, production, processing, training, as well as research and development.
He thereby reaffirmed Algeria’s commitment to strengthened African cooperation. “Algeria places African cooperation at the heart of its foreign policy and attaches particular importance to structuring regional projects aimed at strengthening economic integration, supporting energy security, and contributing to achieving common development,” underlined the President, recalling Algeria’s commitment to supporting African efforts to build a strong, solidarity-based, and sustainable continental economy.
Algeria’s participation in SEMICA Chad 2026 thus fits into this dynamic, as noted by the Ministry of Hydrocarbons in a statement. “It constitutes an opportunity to strengthen dialogue between sector actors in mines and hydrocarbons, explore partnership and investment opportunities, and exchange experiences, thereby contributing to supporting the development process in the Republic of Chad and across the entire African continent,” specified the same source.
Organized under the high patronage of the President of the Republic of Chad, SEMICA Chad 2026 brings together decision-makers, investors, and experts from 45 countries. Algeria is present with a significant delegation led by the Minister of Hydrocarbons and Mines.