TheStartup‘sQuickstartGuideTo:Algeria
ABOUT HereatTheStartupMonthly,we’vecomeacrossvariousguideshereandthereaboutthestartupcommuniAesindifferentcountries.But,they’vebeeninconsistent,andnotallcountriesarecovered.Thisguideisbynomeansmeanttobecompleteandallencompassing.ConsideritastarAngpointifyou’reanentrepreneur,investororresearcher.WeplantoupdatetheseguidesatleastannuallyandwelcomeanysuggesAonsoraddiAonsweshouldconsideraddingtotheguide.I.e.startups,investors,communityresources,etc.PleaseemailanysuggesAonsorquesAonstoeditor@thesocialmediamonthly.com.LeadResearcher:ElineKimmelLastUpdated:June22,2016
TheStartup‘sQuickstartGuideTo:Algeria
INTRODUCTION • Popula-onsize:38.9million• Popula-ongrowthrate:1.9%2
• Poli-calsystem:ParliamentaryRepublic•
• Unemploymentrate:10.6%4•
• GDP:$213.5billion2(percapita:$3,3163)• GDPgrowth:3.8%2• Infla-onrate:2.29%5
TheStartup‘sQuickstartGuideTo:Algeria
INTRODUCTION • Languagesspoken:Arabic(official),French,Berberdialects
• Currency:AlgerianDinar• Religion:Muslim(predominantlySunni)6• Ethnicgroups:Arab-Berber99%,European<1%• Mainindustries:Petroleum,naturalgas,lightindustries,mining5
TheStartup‘sQuickstartGuideTo:Algeria
STARTUP SCENE • GreatgeographicallocaAonasAlgeriaisconsideredthegatebetweenAfricaandEurope
• Frenchremainsanimportantlanguageinthescene
• Largelydependentonoilandgas
• FluctuaAngoilpricemoAvatedAlgerianstolookfornewbusinessopportuniAes
• RaisingmoneycanbedifficultduetogovernmentregulaAonsonforeigninvestments
TheStartup‘sQuickstartGuideTo:Algeria
MOST PROMISING STARTUPS
TALGERIE
• InformaAonalHUBonbusinessandfinancialclimateinAlgeria
• Gatewaytoinvestorsandbusinessplans
NetBeOpen
• Openplaeormfor
internettransacAons
• AimsatimprovingthefinancialinvestmentclimateintheArabicworld
Ingeniway
• SofwareandIT
companyprovidingtechnologicalsoluAonsforbusinesses
• Offerstechnologicalguidanceforprojects
TheStartup‘sQuickstartGuideTo:Algeria
OTHER STARTUPS • ZARIMO–RealestateportalfortheAlgerian
market• Betela–PreparingyoungpeopleinAlgeriaforthe
labormarket• Likeria–Onlinerealestatewebsite• N’TIC–Onlinemagazinefortechnologic
developmentsinAlgeria
TheStartup‘sQuickstartGuideTo:Algeria
OTHER STARTUPS • Goutra–Technologythatmonitorsyourwater
consumpAoninrealAme• FifhSquareImpact–Brandinganddigital
markeAngagenciesthatfocusonacceleraAngstartups
• Sylabs–ProvidesAlgeriantalentswithaworkspacetodeveloptheirideas
TheStartup‘sQuickstartGuideTo:Algeria
INVESTORS & INFLUENCERS
Investors/Resources
Ansej• Aimsatimprovingthestartupclimatein
Algeriaforyoungentrepreneurs• ProvidesorganizaAonalandfinancialguidance
FondsdeCau-onMutuelledeGaran-eRisques• Providescapitaltostartupsandmicro-
businessesinAlgeria
Anima• CooperaAon&investorplaeorm
Influen-alentrepreneurs
AbdellahMallek• BloggeronAlgerianstartup
worldAmiraHamdad• DirectorofJUREXITEK,an
organizaAonthatfocusesonbuildingstrongbusinessesinAlgeria
TheStartup‘sQuickstartGuideTo:Algeria
COVERAGE OF STARTUPS • VICE–A(Silicon)ValleyGrowsinAlgeria• YourMiddleEast–3ReasonstoLaunchaStartupinAlgeria
• HuffingtonPostAlgeria–EconomicCoverage• YouthTime–7MostInnovaAveStart-UpsinAlgeria
• NewVenturist–IsAlgeriaReadyforEntrepreneurship?
TheStartup‘sQuickstartGuideTo:Algeria
COVERAGE OF STARTUPS • Wamda–IsAlgeriaReadytoJointheEntrepreneurialRace?
• NewsandViewsfromLibya,Tunisia,AlgeriaandMorocco-(Business)NewsfromAlgeria
TheStartup‘sQuickstartGuideTo:Algeria
SUMMARY • ThereisagreatdealofstartuppotenAalwithinAlgeria
• GovernmentregulaAononbusinessesisseentobedecreasing
• Numerouspromisingstartupsalreadypresent
• Frenchlanguageremainsimportant
TheStartup‘sQuickstartGuideTo:Algeria
SOURCES • Backgroundimage:hsp://www.bbc.com/news/world-africa-1411885• 1):hsp://www.lonelyplanet.com/maps/africa/algeria/map_of_algeria.jpg• 2):hsp://www.worldbank.org/en/country/algeriaBb• 3):hsp://www.tradingeconomics.com/algeria/gdp-per-capita• 4):hsp://www.tradingeconomics.com/algeria/unemployment-rate• 5):hsp://globaledge.msu.edu/countries/algeria/economy• 6):
hsps://www.cia.gov/library/publicaAons/the-world-factbook/geos/ag.html
• 7)hsp://www.startupranking.com/top/algeria• 8):hsps://www.angel.co/algiers