Economy

Opening of the first African conference for startups in Algeria

The proceedings of the First African Conference for startups kicked off today, Monday, at the Abdellatif Rahal International Conference Center in Algiers, under the high patronage of the President of the Republic, Mr. Abdelmadjid Tebboune, to discuss ways and means to devote the role of African startups to sustainable economic development.

The opening of the conference, in which more than 600 startups are participating, was supervised by the Prime Minister, Mr. Aïmene Benabderrahmane, and a number of government representatives, ambassadors of several African countries, and representatives of various institutions and professional organizations.

The conference, organized by the Ministry of Knowledge Economy, Startups and Microenterprises, aims to unify government efforts to enhance the role of startups in Africa, and to instill their contribution to economic development by facilitating the spread of startups and their access to regional financing sources.

Officials, ministers and experts in the field of innovation and entrepreneurship from several African countries, including Angola, Kenya, Namibia, Sudan, Chad, Tunisia, Cape Verde, Niger, Zimbabwe, Mauritania, Côte d’Ivoire, South Africa, Uganda, Mozambique, Sierra Leone and Burkina Faso are participating in the two-day forum.

The agenda of the forum includes the holding of a meeting of African ministers related to the field of innovation and startups, which will culminate in an “African road map” that will establish a dynamic of cooperation between innovation ecosystems within the continent.

The African conference organized an exhibition for startups from various African countries, as well as thematic sessions dealing with the most prominent problems facing innovative African youth and the future of entrepreneurship in Africa.

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