Algeria’s week in business, politics and energy

Algeria’s week in business, politics and energy

Energy: Hydrocarbons take center stage Simultaneously, Algeria is diversifying its energy procurement partners. South Korea signed agreements with Algeria and Libya to secure gas supply amid regional instability. Algeria’s Sonatrach confirmed ongoing talks to supply LNG to Korean firms, with volumes still undisclosed. The agreements signal Algeria’s role in regional energy security but also expose … Read more

Khalida Boufedech leads Algeria’s parliament

Khalida Boufedech leads Algeria’s parliament

Khalida Boufedech has made history by becoming the first woman to assume the leadership of Algeria’s parliament, a landmark appointment reported by Al-Monitor. Boufedech, a prominent member of the National Liberation Front (FLN), was elected speaker of the People’s National Assembly recently, marking a significant moment in Algerian political representation. Her rise follows a period … Read more

Algeria arms Niger in Sahel security shift

Algeria arms Niger in Sahel security shift

Algeria has delivered four military helicopters to Niger, deepening defense ties in the volatile Sahel region. The move signals Algiers’ strategic pivot toward the US-backed bloc of Sahel states, countering Russian influence while positioning itself as the region’s security guarantor. According to Business Insider Africa, the helicopters were handed over this week, expanding Algerian military … Read more

Algeria’s Week: Taxes, Tech and Trade Shifts

Algeria’s Week: Taxes, Tech and Trade Shifts

Tax and Structural Pressures: The Weight of Bureaucracy on Algerian Business Algeria’s economic landscape remains trapped between ambitious reforms and entrenched structural rigidities. At the heart of the issue lies a tax system that, while theoretically designed to support growth, often stifles entrepreneurship through complexity and inefficiency. The recent launch of a digital stamp duty … Read more

Online betting black market feeds off European football

Online betting black market feeds off European football

European football has driven a surge in Algeria’s unregulated online betting market, exposing gaps in local enforcement while highlighting untapped demand among Algerian bettors, according to The New Arab. The boom, fueled by live coverage of major leagues and tournaments, has intensified competition among shadowy platforms that bypass Algerian licensing and tax rules. The shift … Read more

Algeria’s wheat dependence hits entrepreneurs hard

Algeria’s wheat dependence hits entrepreneurs hard

Algeria’s reliance on wheat imports remains a persistent strain on its economy, with recent data showing little progress in reducing import dependency despite government efforts. According to World Grain, Algeria’s wheat imports are projected to stay elevated in the coming years, signaling continued vulnerability to global price fluctuations and supply chain disruptions. For entrepreneurs and … Read more

Algeria’s week: diaspora flows, tax woes, e-commerce exits

Algeria’s week: diaspora flows, tax woes, e-commerce exits

Diaspora remittances ease foreign-exchange strain—but corporate tax pressure mounts Algeria’s economy remains trapped between two opposing forces: the steady inflow of diaspora funds and the tightening grip of corporate taxation. Remittances from abroad—particularly from France, where Algerian communities have long maintained strong ties—continue to inject liquidity into the system. These transfers, often sent through informal … Read more

Nabile Farès and second-generation identity

Nabile Farès and second-generation identity

Nabile Farès, the Algerian novelist, poet and playwright whose work explored the complexities of second-generation identity between Algeria and France, died recently, according to Britannica. His literary legacy confronts the cultural and economic tensions faced by Algerian entrepreneurs and founders who straddle dual worlds—balancing heritage with ambition and tradition with innovation. Farès’s writings, including La … Read more

Algeria launches $1 billion startup fund

Algeria launches $1 billion startup fund

Algeria has mobilized a $1 billion fund to support African startups, signaling a strategic pivot toward technology-driven growth. Announced recently by the Ministry of Knowledge Economy and Startups, the initiative aims to position Algeria as a regional hub for innovation and entrepreneurship. The fund, managed by state-backed institutions including the Algerian Investment Fund and the … Read more