Algiers, January 14, 2026 – The Commission for the Organization and Supervision of Stock Exchange Operations (COSOB) has announced the accreditation of the National Agency for the Valorization of Research Results and Technological Development (ANVREDET) as a sponsor for the Algiers Stock Exchange.
This accreditation authorizes ANVREDET, a public agency, to support companies seeking listing on the exchange, particularly within the Growth Segment. This segment is specifically designed for small, medium, and emerging enterprises. ANVREDET’s role will involve assisting in the preparatory phase, including structuring the listing project, preparing the application file and information prospectus.
Furthermore, ANVREDET will continue to support the company for five years following the listing, ensuring compliance with financial disclosure obligations and adherence to market regulations. This is according to a statement released by COSOB.
COSOB views the accreditation of ANVREDET, an industrial and commercial public institution, as “an important step in strengthening the connection between scientific research, innovation, and the financial market. It will contribute to expanding funding opportunities for innovative startups,” the statement added.
With this appointment, ANVREDET becomes the fifth sponsor accredited by COSOB, joining RMGC Consulting, Grant Thornton Algeria, Finabi Consulting, and Invest Market.
Established in 1998, ANVREDET’s primary missions include valorizing scientific research results, transferring technology to the national economic fabric, supporting innovative projects and startups, and strengthening links between research actors and economic institutions.
The Growth Segment of the Algiers Stock Exchange was established following the financial market reform of 2023, through regulation number 23-04. COSOB has simplified the listing requirements for this segment, adapting them to the specific characteristics of these businesses, notably by requiring a minimum capital raising of 10 million Algerian dinars for a company to be accepted for listing on the exchange. This initiative aims to boost the accessibility of the stock market for smaller Algerian businesses.
