Algeria’s e-commerce boom hides a $1.2bn funding gap for startups
Local players dominate but foreign investors stay cautious The gap stems from two key issues: bureaucratic hurdles for fintech partnerships and limited venture capital targeting early-stage e-commerce firms. Unlike Morocco or Tunisia, Algeria lacks a dedicated e-commerce investment fund, forcing founders to rely on bank loans with interest rates exceeding 8%—a barrier for inventory-heavy businesses. … Read more