Tebboune Decides to Launch the African Start-up Financing Fund - Algeria Patriotic

Managers

Factuality

Ownership

Algeria has just announced the creation of a special fund dedicated to the financing of African startups, affirming its will to actively involve itself in the technological and economic development of the continent. This energy-intensive country is now seeking to diversify its economy and reduce its dependence on hydrocarbons, relying on innovation, youth and entrepreneurship. Beyond the economic dimension, this initiative reflects a clear polit…

Algérie Patriotique

Factuality

Ownership

The Ministry of Youth and the Higher Youth Council (CSJ) welcomed, on Wednesday, the decision of the President of the Republic, Abdelmadjid Tebboune, to launch a financing fund for start-ups and innovative young people in Africa, describing it as a "historic decision" that will contribute to strengthening intra-African cooperation.