Algeria News

Hirak sparks Algeria’s youth-led business boom

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Hirak sparks Algeria’s youth-led business boom

Algeria’s post-Hirak generation is reshaping the country’s economic landscape through entrepreneurship, with young founders leveraging recent reforms to build businesses that address long-standing structural gaps. According to Chatham House, the 2019 protests—known as the Hirak—have accelerated demand for inclusive economic models, pushing startups to focus on sectors like digital services, renewable energy, and agro-industrial exports. … Read more

Jumia’s exit leaves Algeria’s e-commerce race wide open

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Jumia’s exit leaves Algeria’s e-commerce race wide open

Algeria’s digital market has lost one of its biggest foreign players after Jumia announced its withdrawal from the country, citing stagnant growth in a landscape still dominated by local competitors and structural hurdles. The move underscores deeper challenges for entrepreneurs and investors betting on e-commerce in Algeria, where high logistics costs, fragmented payment systems, and … Read more

Algeria and Morocco push two gas pipelines despite Nigerian shortfall

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Algeria and Morocco push two gas pipelines despite Nigerian shortfall

Algeria and Morocco are moving ahead with plans to build two separate gas pipelines to Europe despite warnings that Nigeria lacks sufficient supply to fill even one, according to EnterpriseAM. The decision underscores a strategic shift in North African energy export strategies, with potential ripple effects for local entrepreneurs, energy investors, and the Algerian diaspora—particularly … Read more

Algerian startups face banking crisis after France ban

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Algerian startups face banking crisis after France ban

Algerian entrepreneurs are scrambling to adapt as President Abdelmadjid Tebboune’s government blocks cross-border banking transactions with France, disrupting trade and investment flows that underpin Algeria’s digital economy. The move, announced this week amid diplomatic tensions, has sent shockwaves through startups reliant on French partners, investors, or payment processors—many of which now face frozen funds, delayed … Read more

AlSat Nano mission boosts UK-Algeria space tech ties

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AlSat Nano mission boosts UK-Algeria space tech ties

The UK-Algeria CubeSat mission AlSat Nano has delivered a status update that underscores growing collaboration in space technology—a sector with direct implications for Algerian entrepreneurs, startups, and the diaspora. According to GOV.UK, the mission marks a record-breaking achievement in joint satellite development, offering Algerian innovators a blueprint for leveraging international partnerships in high-tech industries. A … Read more

Algeria turns Gara Djebilet iron into steel

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Algeria turns Gara Djebilet iron into steel

The long-awaited marriage of Algeria’s largest iron-ore deposit and domestic steel production is about to be consummated at Gara Djebilet. After decades of geological promise and industrial hesitation, Sonatrach and Algerian Steel Group recently launched an integrated pilot plant that converts raw iron ore into finished billets on site, according to Capmad. The project replaces … Read more

Algeria tightens fintech rules for SMEs

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Algeria tightens fintech rules for SMEs

Algeria’s Central Bank has approved non-binding guiding principles this week to prevent terrorist misuse of new financial technologies, a move that will tighten compliance for small and medium-sized enterprises (SMEs) seeking digital financing. The document, published by the United Nations on 21 January 2025, urges member states to scrutinize fintech channels such as peer-to-peer lending … Read more

Jumia exits Algeria for profitability

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Jumia exits Algeria for profitability

Jumia will withdraw from the Algerian market in 2026 as part of a strategic effort to improve profitability, according to TechAfrica News. The move follows two years of declining transaction volumes and rising operational costs in the country, the pan-African e-commerce group said recently. Algeria is one of seven African markets that Jumia is exiting … Read more

Algeria needs food self-sufficiency to calm unrest

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Algeria needs food self-sufficiency to calm unrest

Algeria’s 2025 cereal harvest is projected at 3.2 million tonnes, barely half the 6–7 million tonnes consumed annually. The shortfall forces imports—costing the state $10 billion a year—while street protests over food prices flare in Algiers and Oran. President Abdelmadjid Tebboune told the Council of Ministers in January that “every hectare planted reduces instability,” yet … Read more

Algeria launches startup fund at IATF 2025

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Algeria launches startup fund at IATF 2025

Algeria has announced a new fund to support startups and young innovators across Africa, unveiled during the recent International African Trade Fair (IATF) 2025 in Algiers. According to AL24 News, the initiative aims to channel financial resources into early-stage businesses while fostering collaboration between Algerian entrepreneurs and their peers on the continent. The fund was … Read more