Startups & Entrepreneurship

New ventures, funding rounds, incubators, and ecosystem news

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Know Your Customer”… The Beginning of a New Era in Financial Auditing!

Know Your Customer”… The Beginning of a New Era in Financial Auditing!

The Bank of Algeria has implemented strict measures that reshape how banks and financial institutions interact with customers. This directive adopts an expanded and proactive approach to 'Know Your Customer' (KYC), making verification and monitoring a continuous process before, during, and after any financial relationship. In this context, a directive numbered 04-2026, issued on April 30, 2026, and signed by the Governor of the Bank of Algeria, Mohamed Amine Labbou, precisely defines the KYC procedures applicable to banks, financial institutions, and the financial services of Algeria Post. The inclusion of exposed politicians under strict monitoring and the obligation to verify the sources of wealth.

May 4, 2026echoroukonline.com
In its twenty-eighth edition.. Organizing the 'Batimatec 2026' salon on this date

In its twenty-eighth edition.. Organizing the 'Batimatec 2026' salon on this date

The twenty-eighth edition of the International Exhibition for Construction, Building Materials, and Public Works 'Batimatec 2026' will be held from May 3 to 7, with extensive national and international participation including public and private companies alongside foreign institutions representing 15 countries, as well as 40 startups operating in various sectors of the industry, according to a statement from the organizers. This event is held under the auspices of the Ministry of Housing, Urban Planning, and City Management, and will witness significant attendance from economic operators from countries including China, Turkey, Italy, Spain, and Portugal, as part of enhancing exchange and expertise in the construction and public works sector. View the full content on Echourouk Online.

May 2, 2026echoroukonline.com
"Naftal".. Digital platform for purchasing tires coming soon

"Naftal".. Digital platform for purchasing tires coming soon

The CEO of "Naftal", Jamal Cherdoud, announced the launch of a comprehensive digital platform dedicated to registering customer requests for tires soon. A statement from the company indicated that the CEO explained that the launch of this platform is a "strategic step reflecting Naftal's direction towards modernizing its services and facilitating the purchasing process in a smooth and organized manner, ensuring transparency in transactions to eliminate speculation." Read the full content on Echourouk Online.

May 1, 2026echoroukonline.com
Rakach Highlights the Investment Climate in Algeria During the 'Vita 2026' Conference

Rakach Highlights the Investment Climate in Algeria During the 'Vita 2026' Conference

The Director General of the Algerian Investment Promotion Agency, Omar Rakach, emphasized the attractiveness of the investment climate in Algeria due to economic reforms and competitive advantages, noting the increasing interest of international investors and the country's entry into a new phase focused on implementing projects on the ground. This was during his participation yesterday, Wednesday, in the ninth session of the International Conference on Investment and Trade Financing in Africa 'Vita 2026' in Tunisia, where he, along with the Algerian Ambassador to Tunisia, Azzouz Baalal, led a discussion workshop dedicated to the topic of investment in Algeria, during which he presented an overview of the key reforms initiated by the state to improve the business climate, particularly the establishment of legislative stability and the modernization of the system...

Apr 30, 2026echoroukonline.com
Renewable Energies as a Lever for Modernizing Agriculture and Reducing Costs

Renewable Energies as a Lever for Modernizing Agriculture and Reducing Costs

Energy expert Tawfiq Aksas confirmed that the adoption of renewable energies, primarily solar energy, in the agricultural sector represents a strategic option that would improve production and reduce product costs, alongside lowering the energy bill within investments, calling for an acceleration of the energy transition especially for small investments. Aksas explained, during a speech he delivered yesterday Wednesday at a seminar on renewable energies in the service of the agricultural sector, cold storage, self-entrepreneurship, and startups, that resorting to solar energy has become a profitable and necessary solution, especially in isolated areas far from the traditional grid, where it represents a reliable technical and economic alternative.

Apr 30, 2026echoroukonline.com