It will be the first trip by an Iranian president to the North African country in 14 years.
Raisi will travel to Algiers on March 2 at the official invitation of President Abdelmadjid Tebboune.
The Iranian president is scheduled to attend the seventh meeting of the leaders of the GECF in Algiers.
He is also expected to hold talks with Tebboune, with high-ranking delegations from the two countries slated to negotiate and sign several memoranda of understanding during the trip, Press TV reported.
Raisi’s trip to Algeria is in line with his administration’s efforts to bolster cooperation with regional and international organizations and to expand relations with Muslim and “like-minded” countries.
The last time an Iranian president visited Algeria was in September 2010, when Mahmoud Ahmadinejad stopped for a few hours in Algiers as part of a regional tour to hold talks with then president Abdelaziz Bouteflika.
The GECF was established in 2008 based on an initial proposal by Iran, a country that is one of the world’s largest holders of natural gas reserves and a top producer and consumer of the hydrocarbon resource. The forum has 13 permanent members and seven observers.
Raisi’s trip also comes on the backdrop of Iran’s efforts to boost relations with countries in North Africa, including Sudan, with which Iran had strained relations in recent years, and with Egypt, a country with no diplomatic relations with Iran since 1979.