CFC Strengthens Ties with Algeria to Support Development Technical Assistance
The Hague, 12 November 2025 – Ambassador Sheikh Mohammed Belal, Managing Director of the Common Fund for Commodities (CFC), paid a courtesy visit to Her Excellency Ms. Salima Abdelhak, Governor of the CFC for Algeria, and Mr. Abdelmoumene Senoussaoui, Alternate Governor. The meeting reaffirmed the strong partnership between Algeria and the CFC and explored avenues to further enhance collaboration in advancing sustainable and inclusive commodity value chains.
During the visit, both sides discussed an upcoming engagement with the Ministry of Agriculture, Rural Development, and Fisheries, following Algeria’s renewed interest and proactive request to explore cooperation with the CFC. The Algerian side expressed their desire to engage more closely, and discussions focused on how the CFC can support Algeria through technical assistance, including the design and implementation of commodity-related projects tailored to national priorities.
Ambassador Belal highlighted opportunities for Algeria to benefit from the CFC’s innovative programmes, including initiatives promoting community empowerment, resilient livelihoods, and sustainable value chains. The conversation also referenced the outcomes of the Sevilla Conference, which encourage Member States to consider supporting Junior Professional Officers (JPOs) or internship programmes to bolster capacity-building and knowledge exchange.
CFC also highlighted how its Technical Assistance can help Algeria transform the way commodities are produced, processed, and traded, through both strategic and tactical reorientation. By applying rigorous value-chain diagnostics, market intelligence, and field-level advisory support, the CFC assists countries in shifting away from the traditional dependence on exporting raw commodities — a structural challenge that the Sevilla Commitment urges Member States to overcome. Through targeted interventions that promote local processing, quality upgrading, traceability, and market diversification, Technical Assistance enables countries to capture a greater share of value at origin, thereby increasing incomes for smallholders and strengthening local economies. At the same time, promoting value addition close to production sites helps reduce emissions, as it avoids transporting bulky raw commodities long distances with minimal benefit to producers. This holistic approach — connecting smallholders horizontally and integrating them vertically into regional and global markets — offers a pathway to more resilient livelihoods, stronger communities, and greener, more equitable commodity trade.
H.E. Ms. Salima Abdelhak extended an invitation to Ambassador Belal to visit Algeria, underlining Algeria’s enthusiasm to move discussions forward. Both sides underscored the importance of community-centered approaches that enhance social stability and provide farmers with sustainable pathways for growth amid global uncertainties.
Ambassador Belal thanked Ambassador Abdelhak for her active support and reaffirmed the CFC’s commitment to working with Algeria to enhance agricultural productivity, foster sustainable development, and ensure that no community is left behind.
About the Common Fund for Commodities (CFC)
The CFC is an UN-affiliated international financial institution based in Amsterdam, working in over 100 countries to support inclusive economic development through impact investing in commodity value chains.
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[CFC Media Relations Team]
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