
Digital payment in Algeria: why the dogma of total control paralyzes the real economy
By: Sid Ali MOKHEFI
Latest updates from the Algerian business ecosystem

By: Sid Ali MOKHEFI

Algeria - The Minister of Agriculture, Rural Development and Fisheries, Yassine Walid, conducted a visit in the Mauritanian capital Nouakchott to some facilities and infrastructure of the fishing sector, including the Tanit port, which will soon see the docking of Algerian fishing vessels to exploit the agreed fish quota between the two countries under the cooperation protocol in the field of fishing, marine economy, and aquaculture, according to a statement from the ministry today, Sunday.

The President, Mr. Abdelmadjid Tebboune, during his chairing of a Council of Ministers meeting today, Sunday, ordered the start of phosphate exports from the Blad El-Hadba mine in March 2027 'at the latest'. A statement from the Council of Ministers indicated that the President, after congratulating the new Minister of Mines on taking office, tasked him 'to work towards achieving Algeria's phosphate export phase by March 2027 at the latest, as one of the highest economic goals currently in the sector, especially with the completion of the mining dock works, as part of the expansion of the port of Annaba (March 2027)'.

Djijel - This evening, a ship loaded with a shipment of sheep heads from Spain, estimated at about 6,300 heads, docked at the Djendjen port in Djijel as part of the implementation of the Eid al-Adha sacrifice import program.

The Commission for the Regulation and Supervision of Stock Operations (COSOB) has granted its approval for the information memorandum regarding the capital increase of 'Irad' (AYRADE SPA) by 25 percent, through a public savings offering, according to a statement from the commission on Sunday. The same source clarified that the decision was made during a committee meeting held on April 15, where the operation includes the issuance of 1,250,000 new shares for subscription, which will be listed in the growth section of the capital market. The price of each share has been set at 800 Algerian dinars, representing a total value of the operation estimated at one billion Algerian dinars, with the date for enjoying the shares set for January 1, 2026. The statement added that the shares will be in the form of bonds...

The Minister of State, Minister of Hydrocarbons, Mohamed Arkab, confirmed that the launch of the 'Algeria Bid Round 2026' falls within the strategic vision of the state aimed at enhancing the attractiveness of the hydrocarbons sector and valuing national resources, thereby supporting Algeria's position as a reliable destination for energy investment. Arkab noted in a speech delivered this Sunday during the official launch ceremony of the Algeria Bid Round 2026, organized by the National Agency for the Valuation of Hydrocarbon Resources 'النفط', that this round comes as a continuation of the momentum achieved by the 2024 cycle, which witnessed increasing international interest reflecting confidence in the investment climate in Algeria. Watch the full content on...

The fields are distributed across the states of Ouargla, El Bayadh, Touggourt, and Illizi. Access to the data room for companies will be available on June 1st. Submission of bids and opening of envelopes will take place on November 26th, with January 31, 2027, set as the date for signing the final contracts for hydrocarbons. The National Agency for the Valorization of Hydrocarbon Resources has officially announced the launch of the second international tender for oil and gas under the 2019 law, where 7 areas for exploration, development, and production enhancement have been proposed in the states of El Bayadh, Ouargla, Touggourt, and Illizi. This tender round is characterized as an exceptional oil bidding round, featuring 5 pure oil fields and two mixed fields of oil and gas. According to data provided by the “Alnaft” agency during the official launch of the bidding round...

A tax exemption for 6 years covering profits, income, and the single flat tax, with an additional 24-month extension upon renewing the 'startup' label. The government has approved a new package of tax privileges for startups and business incubators, which includes at least 3 main advantages reflecting a clear trend towards supporting the innovation economy and the competitiveness of this vital sector. Among the most notable measures is the extension of tax exemptions to a full 6 years instead of five, officially including natural persons among the beneficiaries, which expands the circle of beneficiaries and ends the ambiguity surrounding their legal status. The new measures also included the possibility of repeated renewal of tax exemptions for...

According to what was reported by the Algerian News Agency.

Exploitation of a quota estimated at 31,120 tons of fish

The Director General of Customs, Major General Abdel Hafid Bekhouch, today, Sunday, inspected several facilities belonging to the Customs Authority in Oran as part of a work and inspection visit to the province. Major General Bekhouch, who was accompanied by the Wali of Oran, Ibrahim Ouchane, examined a warehouse in the municipality of Karmah that is expected to be converted into the headquarters of the Oran External Customs Inspection or Customs Collection Office, in addition to a storage facility for deposited goods.

The Ministry of Industry, in partnership with the Ministry of Environment and Quality of Life, organized a technical meeting today, Sunday, at the Ministry of Industry headquarters, where it presented a locally innovative station for treating industrial polluted water, as part of the implementation of the directives of the President of the Republic, Abdelmadjid Tebboune, aimed at enhancing water security and promoting innovation. The meeting was chaired, on behalf of the Minister of Industry, by Hayat Beshir, the Chief of Staff, along with the director […]
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