New ventures, funding rounds, incubators, and ecosystem news
The diversification of the national economy is now a reality in progress. This is the strong message delivered by the President of the Republic, Abdelmadjid Tebboune, during his periodic interview with representatives of national media, broadcast on Monday evening on national television and radio channels.
During his periodic interview with representatives of the national press, broadcast on Monday evening on public and private audiovisual media, the President of the Republic, Abdelmadjid Tebboune, extensively discussed the issue of digitization, which he presents as one of the most tangible markers of his actions at the head of the state, similar to the projects mentioned throughout the exchange, with the head of state claiming consistency in the approach since his arrival in power.
The Director General of the Algerian Investment Promotion Agency, Omar Rakash, discussed with a delegation of 15 businessmen from the Sultanate of Oman investment opportunities in the digitization sector and digital solutions, during a working visit aimed at realizing new investment projects and establishing partnerships with Algerian institutions, with the agency confirming its commitment to accompany investors at various stages of their project implementation. The Omani delegation was headed by the Undersecretary of the Ministry of Transport, Communications, and Information Technology, Ali bin Amer Al-Shaidhani, in the presence of officials from the Algerian Investment Promotion Agency and the High Commission for Digitization, led by the Secretary General of the Commission, Rafiq Adour. Read the full content on Echourouk Online.
The Minister of Interior, Local Communities, and Transport, Saïd Sayoud, renewed the state's commitment to providing various forms of support and accompaniment to ensure the success of the partnership project 'Our Country Algeria'. This was during his meeting with the Chairman of the project's Board of Directors, Ali Al-Ali, and the accompanying delegation, where the meeting was dedicated to evaluating the progress of the project's implementation and discussing logistical aspects, particularly related to the transport sector, to ensure its realization under the best conditions. The meeting, which took place yesterday, Monday, at the Government Palace in the presence of central officials from the ministry, reviewed the progress of the 'Our Country Algeria' project, discussing various logistical requirements supporting it, especially those related to the transport sector, with the aim of providing suitable conditions for the success of this project.
In Algeria, the exact location of a fiber optic cable, a gas pipeline, or a drinking water network has long relied on informal knowledge: that of technicians who, year after year, had surveyed the terrain and kept in memory the layout of the installations. A fragility that the young company UTILNETWORKS intends to transform into an opportunity by betting on the digitization and intelligent geolocation of strategic networks.
Algerian innovative entrepreneurship is scaling up. Driven by the Startup Label, the Algeria Startup Fund (ASF), and a new regulatory framework for private venture capital, the national ecosystem now claims several thousand registered companies and several hundred labeled structures, a movement that the public authorities intend to consolidate through a multi-tiered financing policy.
A technology entrepreneur since 2000 and a startup investor-accelerator since 2018, Abdelmalek Chetta has over twenty years of experience in digital innovation and digital transformation in Algeria. While still a student at USTHB, he founded his first startup specializing in data analysis in 2000. In 2006, he co-founded, with several entrepreneurs, Itihad.Group, an ecosystem bringing together several IT service and product companies. He then joined Microsoft in 2008 until 2010, before returning to Itihad.Group in 2011 to continue...
Algeria - The Director General of the Algerian Investment Promotion Agency, Omar Rakach, received today, Monday, in Algiers, a delegation of Omani businessmen consisting of about 15 investors, to discuss investment opportunities in the fields of digitization, digital solutions, and the implementation of joint investment projects in this sector, according to a statement from the agency.
Algeria - The Minister of Interior, Local Communities, and Transport, Saïd Sayoud, received today, Monday, at the Government Palace, the Chairman of the Board of Directors of the partnership project 'Beladna Algeria', Ali Al Ali, and his accompanying delegation, in the presence of central officials from the ministry, where the progress of the project implementation was reviewed and the supporting logistical aspects were discussed.
The Algerian university continues its transformation. A new roadmap aimed at accelerating the transformation of the Algerian university has just been unveiled by the Minister of Higher Education and Scientific Research, Kamel Baddari.
The Algerian organization 'Industry of Tomorrow' is organizing the third major scientific seminar for the month of July, titled: 'Sustainable Water Security from the Perspective of Vigilance and Foresight', this Saturday at the National Higher School of Marine Sciences and Coastal Development in Dali Ibrahim (Algiers), with the participation of a select group of experts, academics, and representatives of bodies and institutions concerned with the water sector.
The Ministry of Knowledge Economy, Startups, and Micro Enterprises announced the opening of nominations for the President of the Republic Award for Best Startup in its first edition, aimed at innovative project owners and outstanding startups, as well as promising accelerated enterprises. The ministry stated that the award includes three categories, each with a significant monetary prize. Read the full content on الشروق أونلاين.