Small and medium enterprises, local business developments
The Minister of Foreign Trade and Export Promotion, Kamel Rezig, presided over the opening of the fourth edition of the African Business Salon (SADA 2026) today, Saturday, in Algiers, with wide continental participation, aimed at enhancing economic partnerships, promoting trade exchanges, and supporting the path of economic integration on the continent.
The government has decided, through the youth employment support system, that the death of a beneficiary of the micro-enterprise support system does not automatically lead to the cancellation of the project or exempt the heirs from financial obligations. Instead, the situation is handled according to flexible mechanisms that take into account the continuity of activity or the settlement of the loan on a case-by-case basis. Under this approach, in some cases, the project can be transferred to a qualified family member to continue the economic activity, while the granted loans remain in effect and are settled either through rescheduling or through settlement arrangements between the bank, the agency, and the beneficiary, preserving the contractual nature of the financing. Debt rescheduling according to repayment capacity.
Algeria - The Minister of Foreign Trade and Export Promotion, Kamel Rzig, received today, Thursday, at the ministry's headquarters, the President of the Swiss-Algerian Chamber of Commerce and Industry, Alain Gouland, who discussed with him ways of cooperation and partnership between the two countries, according to a statement from the ministry.
Skikda - The first edition of the International Pharmaceutical Innovation Salon 'Pharmast Rossika 2026' launched today, Thursday in Skikda, with the participation of 28 exhibitors representing pharmaceutical companies and drug distributors, in addition to financial institutions.
It was discussed in an executive meeting chaired by the governor minister.
Economy Dz aliqtissad dz Algeria economy news
Economy DZD aliqtissad dz Algeria Economy Economic News
The Algerian Holding Company for Chemical Specialties (ACS) continues to implement its strategic plan for 2026 by revitalizing the production of compressed glass at the NOVER company facility, which is part of the ENAVA group, after completing the renewal of the melting furnace and its actual operational start, allowing for the commencement of the first orders directed to the national market. This project comes as part of the implementation of the public authorities' strategy aimed at enhancing national production capacities and modernizing the industrial fabric, with a financial envelope exceeding one billion Algerian dinars, funded by the private resources of the NOVER company with financial and human support from the ENAVA group. Read the full content on Echourouk Online...
The Minister of Foreign Trade and Export Promotion, Professor Kamel Rezig, during his meeting with the Ambassador of the Republic of Lebanon to Algeria, Ali Al-Mawla, discussed an upcoming visit by a delegation of Lebanese economic operators and businessmen from various countries, particularly from the African continent, as part of enhancing economic communication bridges between the two sides. This visit aims to contribute to the development of trade exchanges and open new horizons for economic cooperation between Algeria and Lebanon. Read the full content on Echourouk Online.
Algiers will host the fourth edition of the African Business Salon 'SADA 2026' from June 6 to 8, with delegations representing more than 25 African countries, in an economic event aimed at enhancing trade and investment partnerships and supporting economic integration across the continent. The Ministry of Foreign Trade and Export Promotion stated in a press release that this event, organized under the patronage of the Minister of Foreign Trade and Export Promotion, Kamel Rezig, will see the participation of representatives from public institutions, economic operators, investors, professional organizations, and chambers of commerce, alongside delegations from various African countries. Watch the full content on Echourouk Online...
On Wednesday in Algiers, the 'Green Growth and Employment Accelerator' project was launched, initiated by the Ministry of Knowledge Economy, Startups, and Micro Enterprises in partnership with the United Nations Development Programme, aimed at enhancing the capacities of Algerian small and medium enterprises with significant potential and supporting green entrepreneurship that provides job opportunities.
By engaging in an increasingly diversified economy, free from the hegemony of hydrocarbons, Algeria aims to...