Algeria’s World Cup run sparks diaspora investment surge

Algeria’s qualification for the 2026 FIFA World Cup and its recent performances on the pitch have triggered a wave of economic activity that extends far beyond the stadiums. According to data from the Algerian Ministry of Trade, remittances from the diaspora surged by 18% in the three months following the team’s confirmation of a Round … Read more

Algeria’s economic shifts shape investment and policy

Algeria’s business environment saw shifts this week in maritime investment, venture capital, pharmaceuticals, and geopolitics. New figures on stalled projects and certification milestones emerged, while policy changes in education and trade registration signaled evolving priorities. Foreign Investment & Maritime Expansion TASAC’s investment in rescue capacity—part of a $180 million program—targets safety compliance with International Maritime … Read more

Putin’s nuclear ship stirs Algerian business risks

In late December 2025, a cargo vessel flying the flag of Belize docked at the Algerian port of Oran. According to The Times of Israel, the ship—identified as the MV Sevmorput—carried a disassembled nuclear reactor intended for Russia’s military base in Algeria. The operation, allegedly orchestrated by Russian President Vladimir Putin, bypassed NATO surveillance and … Read more

Algeria’s new investment law leaves tax hurdles for founders

Algeria’s recent overhaul of its investment legal framework, enacted through Executive Decree 23-301 in August 2023, introduces several improvements aimed at attracting foreign and domestic capital. The decree replaces the 2016 investment law and is part of President Abdelmadjid Tebboune’s broader economic reform agenda. However, while the changes simplify some administrative procedures, the corporate tax … Read more

Algeria’s economic shifts and regulatory updates for entrepreneurs

Weekly trends: growth forecasts, tax reforms, and sector-specific adjustments Regulatory changes: tax, investment, and compliance updates The National Centre for the Trade Register (CNRC) continues to process registrations, though no major reforms were reported this week. Entrepreneurs should verify compliance with existing registration requirements, particularly for cross-border trade. Foreign investment and industrial projects: progress and … Read more

Jingdong Steel’s $500m Algerian plant hits 60pc

Jingdong Steel’s $500 million steel production facility in Algeria has reached 60 percent completion, according to Steel Orbis. The project, located in the industrial zone of Bellara near Jijel, is on track for partial commissioning by the end of 2026. Once operational, the plant will produce 2 million tonnes of steel annually, targeting both domestic … Read more

Algeria’s dual nationality ban stifles diaspora entrepreneurs

Algeria’s constitutional restrictions on dual nationals are reshaping the landscape for entrepreneurs and business founders in the diaspora. Since 2016, the Algerian constitution has barred individuals holding dual citizenship from occupying 15 senior positions in the public sector, including roles in government, the military, and state-owned enterprises. The list, published by El Chourouk Online, explicitly … Read more

Algérie Télécom launches $11M AI fund for startups

Algeria’s national telecommunications operator Algérie Télécom has established an $11 million fund dedicated to artificial intelligence, according to waya.media. The initiative, announced recently, targets local startups, researchers, and entrepreneurs working on AI-driven solutions, with a focus on digital payment technologies and broader digital transformation. The fund, managed by Algérie Télécom’s innovation arm, aims to accelerate … Read more

Algerian founders build Wall Street’s first regulated prediction market

Two Algerian-born entrepreneurs, alongside a Brazilian co-founder, have raised $185 million to launch Kalshi, the first regulated prediction market in the United States. The platform, approved by the Commodity Futures Trading Commission (CFTC) in 2021, allows users to trade on the outcome of real-world events—from elections to economic indicators—with full regulatory oversight. The funding round, … Read more

Algeria’s economic shifts: tax, tech and trade updates

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