Algeria’s digital market has lost one of its biggest foreign players after Jumia announced its withdrawal from the country, citing stagnant growth in a landscape still dominated by local competitors and structural hurdles. The move underscores deeper challenges for entrepreneurs and investors betting on e-commerce in Algeria, where high logistics costs, fragmented payment systems, and … Read more
Jumia will withdraw from the Algerian market in 2026 as part of a strategic effort to improve profitability, according to TechAfrica News. The move follows two years of declining transaction volumes and rising operational costs in the country, the pan-African e-commerce group said recently. Algeria is one of seven African markets that Jumia is exiting … Read more
Weekly trends Tax and regulatory changes The e-invoicing mandate, initially planned for 2026, has been delayed. The government cited incomplete regulatory details. No new deadline has been set. The investment legal framework was revised. Changes include faster approvals for foreign direct investment (FDI) in priority sectors. Remaining barriers: 49% foreign ownership cap in most industries, … Read more
Dubai’s Roads and Transport Authority (RTA) has completed the Algeria Street Improvement Project, according to Gulf News. The 1.2 km stretch between Al Nahda Street and Beirut Street in Al Qusais now features widened lanes, upgraded traffic signals, and new pedestrian crossings. The project, finished in January 2024, reduces travel time by up to 30 … Read more
European football has driven a surge in Algeria’s unregulated online betting market, exposing gaps in local enforcement while highlighting untapped demand among Algerian bettors, according to The New Arab. The boom, fueled by live coverage of major leagues and tournaments, has intensified competition among shadowy platforms that bypass Algerian licensing and tax rules. The shift … Read more
Algeria this week tightened oversight on social media platforms, accelerated digitalization plans, and accelerated energy diversification. Reforms in e-commerce regulation, new state-backed tech hubs, and a €60 billion energy investment plan overlap with structural challenges in SME financing and banking sector stability. Renewable energy targets gained European partners, while urban infrastructure projects moved forward in … Read more
Algeria’s government is moving to restrict social media platforms like TikTok, Facebook, and YouTube, a shift that will directly impact the country’s growing e-commerce sector. According to a report from We Are Tech this week, the move follows years of informal online trade thriving on these platforms, where Algerian entrepreneurs and influencers sell everything from … Read more
Recap of the week’s main trends Algeria’s business environment saw regulatory tightening in digital platforms, expansion of state-backed tech hubs, stricter freelancing visa rules, renewed focus on renewable energy, and continued dominance of gas in public spending. Funding mechanisms for startups remain fragmented, while the banking sector’s stability is questioned. Key figures: gas revenues buoy … Read more
Weekly trends Oil prices fell, raising concerns about 2026 revenue. The government waived IPO fees for startups until 2028. Opel confirmed plans for local vehicle production. Algeria launched a new oil bid round for seven blocks. Foreign investment increased in energy and manufacturing. Germany signed hydrogen supply agreements. Cevital announced a $600 million sugar beet … Read more
Algeria’s tech ecosystem has long been overshadowed by its oil-dependent economy. Yet, Yassir—a homegrown “super app”—is rewriting that narrative. The Algiers-based startup’s $150 million funding round, announced in late 2022, catapulted it into the ranks of Africa’s most valuable tech companies, with a valuation exceeding $1 billion. This milestone wasn’t just about capital. It signaled … Read more