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
Weekly trends Energy sector: Oil bid round and long-term strategy The bid follows a 2023 round that awarded four blocks to international firms, including Italy’s Eni and France’s TotalEnergies. Algeria produced 910,000 barrels of oil per day in 2024, down from 950,000 in 2023. Gas production reached 102 billion cubic meters in 2024, a 2% … Read more
The African Export-Import Bank (Afreximbank) has approved a $200 million facility to support the Shoreline Engineering, Procurement and Construction (EPC) project in Algeria, according to World Oil. The financing, announced on 21 July 2026, targets a project that will strengthen Algeria’s export-oriented infrastructure while creating opportunities for local small and medium-sized enterprises (SMEs). The facility … Read more
Algerian President Abdelmadjid Tebboune dismissed Prime Minister Noureddine Bedoui on August 28 and appointed Sifi Ghrieb as interim head of government, according to a presidential decree published by the official Algerian Press Service (APS). The decree gave no reason for the change, which came less than six months after Bedoui took office in March 2025. … Read more
Weekly trends Digital integration of energy services The portal processed 1.2 million transactions in 2023. The energy ministry reports a 40% reduction in processing time for online applications since 2022. Entrepreneurs in energy, construction, and renewable sectors can submit permits, track progress, and receive approvals without in-person visits. The system accepts digital signatures and electronic … Read more
Algeria’s renewable energy sector is gaining momentum with women entrepreneurs at the forefront, according to a recent report by Tech In Africa. The publication’s list of “10 Women-Led Renewable Energy Startups in Africa” includes two Algerian ventures—Solaris Energy and Green Horizon—highlighting the country’s growing role in the continent’s green transition. For local founders and the … Read more
Algeria’s startup ecosystem is gaining a new engine. Flat6Labs, the Cairo-based accelerator, and the International Finance Corporation (IFC), the private-sector arm of the World Bank, have launched StartAlgeria, a program designed to strengthen local incubators and early-stage tech ventures. The initiative was announced in late June 2026, according to Tech dot Africa, and marks a … Read more
This week’s developments show three converging trends. First, Algeria secured new industrial projects in automotive, energy and tire manufacturing. Second, the state accelerated digital integration of public services and school construction. Third, infrastructure projects advanced with a focus on logistics and wastewater treatment. Cultural initiatives remained state-led, with no direct economic impact reported. Automotive and … Read more
Algeria’s Ministry of Finance has accelerated the digital transformation of its business ecosystem. The General Directorate of Taxes (DGI) and the National Centre for Trade Register (CNRC) must now integrate tax data into company registrations. This directive, issued on 11 March 2025, marks a major shift toward real-time verification of tax compliance. The new system … Read more
Algeria’s National Center of the Commercial Register (CNRC) has quietly become the engine of a broader economic shift. In 2025, the agency processed 128,000 new business registrations—up 32 % from the previous year—according to figures released by the Ministry of Commerce. The surge follows a series of reforms that cut registration time from 15 days … Read more