Algeria is charting an ambitious course toward a knowledge-driven economy. President Abdelmadjid Tebboune has announced a national objective to expand the country’s startup ecosystem to 20,000 companies before the end of his term, signaling a transformative shift away from oil dependency toward innovation and entrepreneurship.
“Algerian intelligence and creativity must be harnessed fully to power growth,” declared the President, underscoring the government’s determination to empower young innovators. This goal reflects the remarkable progress already achieved, with thousands of startups emerging over the past five years, supported by incubators, new financing mechanisms, and a dedicated legal framework.
The initiative has already energized Algeria’s youth, with entrepreneurs developing cutting-edge solutions in technology, agriculture, health, and renewable energy. By channeling this momentum, the government seeks to create jobs, diversify the economy, and strengthen national sovereignty in key technological fields.
The pledge to double the number of startups is not just a figure; it is a vision for Algeria’s future—where knowledge, talent, and innovation drive the nation forward.
