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
Algeria is positioning itself as a future supplier of green hydrogen to Europe, leveraging its solar potential and existing gas infrastructure. According to Eurasia Review, the country plans to produce 1 million tonnes of green hydrogen annually by 2030, scaling up to 5 million tonnes by 2040. The strategy hinges on a $10 billion investment … Read more
Algeria’s fintech startup VOLZ has secured $5 million in a Series A funding round, the largest ever for an Algerian tech company, according to Dabafinance. The deal, announced in late December 2025, marks a milestone for the country’s digital economy and signals growing investor confidence in local entrepreneurs. VOLZ, founded in 2021 by former banker … Read more
State expenditure and cultural policy Government priorities this week focused on infrastructure rehabilitation and social support. The Ministry of Public Works received instructions to repair roads and facilities damaged in wildfires, with no allocation figure released. Concurrently, the Presidency announced decisions in favor of wildfire victims, including unspecified aid packages. Separately, Algeria presented its experience … Read more