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
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 $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 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
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
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
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
Flat6Labs, a Cairo-based accelerator, and the International Finance Corporation (IFC), a member of the World Bank Group, have launched StartAlgeria, a new initiative to strengthen Algeria’s startup support ecosystem. According to Tech Build Africa, the program aims to provide early-stage funding, mentorship, and capacity-building resources to Algerian entrepreneurs, with a focus on high-potential sectors such … Read more
Algeria has removed the 49% foreign ownership cap in the mining sector, a move that could reshape the country’s extractive industries. The change, announced in June 2025 and detailed by the International Comparative Legal Guides (ICLG), allows foreign investors to hold majority stakes—or even full ownership—in mining projects for the first time since the 2000s. … Read more
Weekly trends Digital and regulatory modernization Algérie Télécom established a USD 11 million AI fund. The fund targets local startups and research centers working on natural language processing, computer vision, and predictive analytics. Applications opened on 1 October 2024. The fund will disburse grants of up to USD 500,000 per project, with a 60% equity … Read more