Algiers – The National Bank of Algeria (BNA) has announced a new financing mechanism specifically designed to support young entrepreneurs across the country. This initiative aims to foster entrepreneurship and empower young people to establish their own businesses.
The financing program targets individuals registered with the National Agency for Microcredit Management (ANGEM), aligning with the national policy of supporting startups and small businesses in all Algerian provinces.
This represents a significant opportunity for those aspiring to enter the world of entrepreneurship. The program is open to:
- Individuals over the age of 18.
- Young people with no income, unstable income, or low income.
- Holders of professional certificates or individuals with experience and qualifications to pursue a specific activity.
The application process involves a straightforward procedure. Interested individuals are encouraged to first contact their nearest ANGEM agency to obtain initial approval. Subsequently, they will proceed to a BNA branch to complete the application and financial procedures.
The BNA aims to support young people and facilitate their professional launch by offering flexible financing solutions and a sustainable partnership that ensures they can establish their businesses with confidence. This initiative underscores the BNA’s commitment to fostering economic growth and creating opportunities for Algeria’s youth.
