Algeria will launch a new oil bid round in April 2026 for seven exploration blocks, according to Oil & Gas Middle East. The tender, announced by state-owned SONATRACH, marks the first major licensing opportunity since the 2022 Hydrocarbons Law relaxed foreign investment rules in the sector. The blocks span the Berkine, Illizi, and Timimoun basins, … Read more
Weekly trends: funding slows, regulation tightens, foreign capital advances Startup funding: concentration and caution For Algerian founders, the funding environment remains constrained. Regional data shows 70% of MENA startup capital in 2024 went to the UAE, Saudi Arabia, and Egypt. Algeria’s share was below 2%. The StartAlgeria program does not guarantee direct investment but offers … Read more
Algeria has joined AfriLabs, the continent’s largest network of technology and innovation hubs, as the organisation expands its North African investment bridge. According to Tech Build Africa, the move positions Algerian startups and entrepreneurs within a 600-hub ecosystem spanning 53 African countries and 16 diaspora locations in Europe and North America. AfriLabs, founded in 2011, … Read more
Algeria has eliminated initial public offering (IPO) fees for startups until 2028, a move aimed at boosting capital access for early-stage companies. The decision, announced by the Ministry of Finance in early February 2026, removes a financial barrier that has long discouraged small and medium-sized enterprises (SMEs) from listing on the Algiers Stock Exchange (SGBV). … Read more
Algeria’s economic landscape this week reflects three concurrent trends: digital infrastructure expansion, selective funding inflows, and regulatory adjustments to ease business operations. Electronic payments, fintech partnerships, and energy sector bids dominate the headlines, while funding data reveals a regional slowdown. Regulatory changes—tax digitalization, IPO fee waivers, and AI strategy updates—signal efforts to streamline compliance and … Read more
Algerian social enterprises have multiplied in the last three years, according to research published by Pioneers Post. The study, released in December 2021, highlights a sharp rise in businesses that blend profit with social or environmental impact, particularly in sectors like renewable energy, waste recycling, and local agriculture. The report identifies over 150 active social … Read more
Algeria’s first “super app” Yassir has secured $150 million in fresh funding, a round that values the Algiers-based startup at over $1 billion and positions it as the country’s most valuable tech company. The capital injection, disclosed in late 2022 by Trendtype, is earmarked for expansion across Africa and the Middle East, marking a rare … Read more
Weekly trends Energy sector: Oil bid round and long-term strategy The bid follows a 2023 round that awarded four blocks to international firms, including Italy’s Eni and France’s TotalEnergies. Algeria produced 910,000 barrels of oil per day in 2024, down from 950,000 in 2023. Gas production reached 102 billion cubic meters in 2024, a 2% … Read more
The African Export-Import Bank (Afreximbank) has approved a $200 million facility to support the Shoreline Engineering, Procurement and Construction (EPC) project in Algeria, according to World Oil. The financing, announced on 21 July 2026, targets a project that will strengthen Algeria’s export-oriented infrastructure while creating opportunities for local small and medium-sized enterprises (SMEs). The facility … Read more
Algerian President Abdelmadjid Tebboune dismissed Prime Minister Noureddine Bedoui on August 28 and appointed Sifi Ghrieb as interim head of government, according to a presidential decree published by the official Algerian Press Service (APS). The decree gave no reason for the change, which came less than six months after Bedoui took office in March 2025. … Read more