New ventures, funding rounds, incubators, and ecosystem news
The first edition of the 'National Research Software Products Exhibition' was inaugurated today, Saturday, at the scientific and technological pole 'Martyr Abdel Hafid Ahidane'
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The Minister of Higher Education and Scientific Research, Kamel Bedari, along with the Minister of Pharmaceutical Industry, Wassim Gouidri, and the Minister of Knowledge Economy, Startups, and Small Enterprises, Nourredine Wahid, inaugurated today, Saturday, the first edition of the National Research Products Exhibition, as part of enhancing the outputs of scientific research and linking them to priority national sectors. This edition showcased 63 research products in the fields of health security, energy security, and food security, reflecting the state's direction towards supporting innovation and enhancing the contribution of scientific research to economic development. Read the full content on Echourouk Online.
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The Wall Street Journal reported, citing informed sources, that Nvidia's plan to invest up to $100 billion in OpenAI has stumbled, after some officials at the chip giant expressed doubts about the deal aimed at supporting the training and operation of the latest artificial intelligence models. According to the report, Nvidia announced the investment plans last September, in a deal that would have enabled OpenAI, the developer of the ChatGPT application, to secure massive funding to purchase advanced chips essential to maintain its position in an increasingly competitive market. Read the full content on Echourouk Online.
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The scientific and technological pole 'Martyr Abdel Hafid Ihaddaden' in Sidi Abdellah, west of the capital, witnessed today, Saturday, the establishment of 'startup business clusters'. This took place on the sidelines of the first edition of the exhibition 'National Research Program Products'. The event aims to highlight practical scientific skills and their role in meeting the needs of the national market.
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The Minister of Labor, Employment and Social Security, Abdelhak Sayhi, emphasized the necessity of directing unemployment benefit recipients 'towards quality training paths' and accompanying them until they obtain jobs that match their professional qualifications, according to a statement from the ministry today, Saturday.
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Algeria - The Minister of Knowledge Economy and Startups, Nourredine Wadih, received in Algiers the Assistant Secretary-General of the United Nations and Executive Secretary of the Economic Commission for Africa, Claver Gatete, where he reviewed Algeria's efforts in promoting a knowledge-based economy and supporting startups and micro-enterprises.
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On Thursday, January 29, Minister of Knowledge Economy, Startups, and Small Enterprises, Nourredine Wahid, received the Assistant Secretary-General of the United Nations and Executive Secretary of the Economic Commission for Africa, Claver Gatete, at the ministry's headquarters. According to the ministry, the discussions focused on Algeria's efforts to promote a knowledge-based economy, where the minister reviewed the stages of building the innovation ecosystem since the establishment of the ministry in 2020 to date, and mechanisms for financing and supporting small enterprises were also discussed, along with a range of facilities aimed at promoting entrepreneurship. Read the full content on Echourouk Online.
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The Minister of Knowledge Economy, Startups, and Small Enterprises, Nourredine Wadih, revealed that his ministerial body is preparing to launch a new project aimed at developing and enhancing the entrepreneurship sector in Algeria. During a public session dedicated to oral questions in the National People's Assembly, Wadih confirmed the intention of NESDA to launch an online entrepreneurship development center within a few weeks, which will allow expanding the base of beneficiaries from the NESDA program to include young talents across the country. Watch the full content on Echourouk Online.
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The UN Assistant Secretary-General, Claver Gatete, highlighted the UN's aspiration to cooperate with Algeria in the development and support of startups and micro-enterprises. This came during Gatete's reception by the Minister of Knowledge Economy, Startups, and Micro-Enterprises, Nourredine Wahid, in Algiers. Gatete, who also serves as the Executive Secretary of the Economic Commission for Africa, emphasized the Algerian experience as a model to be emulated.
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Algeria will host the first African event in the field of communications and technology, Global Africa Tech, from March 28 to 30. Under the patronage of the President of the Republic, Mr. Abdelmadjid Tebboune, the event will take place at the International Conference Center, under the slogan: 'All Networks, One Convergence.' The Ministry of Post and Telecommunications stated that the slogan reflects Africa's strategic vision for digital unity.
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DZD economy aliqtissad dz Algeria economy news
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Economy DZD aliqtissad dz Algeria's economy economic news
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