New ventures, funding rounds, incubators, and ecosystem news
The Prime Minister, Saïd Ghrib, highlighted today in Algiers the dynamic comprehensive reform that the Algerian Agency for Investment Promotion has been undergoing recently, which will transform it from a traditional administrative window to an integrated and restructured management.
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The Prime Minister, Aïmene Benabderrahmane, announced today, Monday, that the number of projects registered with the Algerian Agency for Investment Promotion has exceeded 20,000 projects with a value exceeding 9,000 billion DZD. The Prime Minister clarified during the opening of the media day on the new legal provisions governing the single window for investment that 'the implementation of the investment system has enabled the agency to ...'
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The Algerian Prime Minister, Aïmene Benabderrahmane, presided over the opening of the media day on enhancing the effectiveness of the one-stop shop, organized by the Algerian Agency for Investment Promotion, under the slogan: 'The one-stop shop from idea to implementation.'
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Prime Minister Sefi Gharib will oversee the opening of the media day on enhancing the effectiveness of the One-Stop Shop for Investment on Monday. A statement from the Prime Ministry indicated that the media day, organized by the Algerian Agency for Investment Promotion, is held under the slogan: 'The One-Stop Shop from Idea to Implementation', as part of the ongoing structural reforms initiated by the state to improve the business climate and enhance investment effectiveness in Algeria. View the full content on Echourouk Online.
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The Secretary of State to the Minister of Foreign Affairs, responsible for the national community abroad, Sofiane Chaib, has begun a working visit to Canada, starting in Montreal, where he held an interactive meeting with members of the national community residing within the consular district of the Consulate General of Algeria in Montreal, with the participation of the Minister of Knowledge Economy, Startups, and Small Enterprises, Nourredine Wahid, via remote conferencing, and in the presence of the Algerian Ambassador in Ottawa and the Consul General.
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The Director General of the Algerian Investment Promotion Agency, Omar Rakach, revealed today, Monday in Algiers, that more than two-thirds of the registered projects that reported their progress rates to the agency have actually entered the operational phase or are on their way to realization.
radioalgerie.dzSuhail Qassoum, President of the Algerian Confederation of Employers-Citizens, confirmed that Algeria has witnessed increasing economic activity in recent years, reflecting a real trend towards diversifying the national economy and opening up to foreign markets, away from total reliance on hydrocarbons.
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Recommendations to accelerate the implementation of economic integration projects and strengthen African financing, support digital transformation and e-commerce, and industrial and agricultural value chains. Encouraging partnerships between the public and private sectors and enabling startups to access markets. More than 70 expressions of interest agreements were signed in the fields of trade and investment, including 20 agreements in favor of Algeria, during the twelfth edition of the Africa Investment and Trade Forum 'AFIC 12', held at the Sheraton Hotel in Algiers on May 9 and 10, under the slogan 'Together We Open Markets'. According to the final statement of the forum, which 'Echorouk' received a copy of, the event constituted a strategic African economic milestone.
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Naftal announced today, Sunday, the official launch of the Naftal digital platform dedicated to registering tire purchase requests.
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Algeria is among the Arab countries capable of producing green hydrogen at a competitive cost, thanks to its vast natural resources in solar and wind energy, according to the CEO of the green hydrogen organization GH2, Joe Williams, who emphasized that these factors give Algeria a strategic position in the future of the global energy market. Williams explained in an interview with the specialized energy platform that the current geopolitical crisis has marked a turning point in the energy sector and has contributed to accelerating interest in green hydrogen as a clean fuel that can be produced in many countries without relying on fossil fuels, through the use of renewable electricity and water.
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The models participating in the 28th edition of the International Exhibition of Construction, Building Materials, and Public Works organized at the Palais des Expositions 'Safex', demonstrate that startups in Algeria...
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Participants in the twelfth edition of the Africa Investment and Trade Forum called for intensified efforts to activate the African Continental Free Trade Area (AfCFTA) as a key mechanism for developing trade exchanges within the continent, emphasizing the importance of startups and small and medium-sized enterprises in achieving sustainable development and enhancing African economic integration. The forum sessions, held on May 9 and 10 under the slogan 'Together We Open Markets', featured extensive discussions on ways to stimulate economic growth by supporting startups and enhancing cooperation among African countries to remove trade barriers and create a more attractive investment climate that aligns with the shared aspirations of the continent's nations.
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