Algiers – President Abdelmadjid Tebboune has addressed participants at the African Conference on Startups, currently underway in Algiers. The President’s message was delivered by Prime Minister Nadir Larbaoui.
The address highlighted Algeria’s commitment to fostering innovation and entrepreneurship across the African continent. President Tebboune emphasized the crucial role of startups in driving economic growth and creating employment opportunities for young Africans.
The President’s message underscored the importance of collaboration and knowledge sharing among African nations to create a vibrant ecosystem for startups to thrive. He also outlined Algeria’s efforts to support the development of its own startup sector through various initiatives and policies.
These initiatives include streamlining regulations, providing access to funding, and promoting partnerships between startups and established businesses. The government aims to create a conducive environment for young entrepreneurs to turn their innovative ideas into successful ventures.
The African Conference on Startups brings together entrepreneurs, investors, policymakers, and experts from across the continent to discuss the challenges and opportunities facing the startup ecosystem. It serves as a platform for networking, knowledge sharing, and collaboration, with the aim of accelerating the growth of startups in Africa.
Algeria has positioned itself as a key player in the African startup landscape, recognizing the potential of young entrepreneurs to drive economic development and create a more prosperous future for the continent. The President’s address reaffirms this commitment and signals Algeria’s continued support for the growth of startups across Africa.
