TheStartup‘sQuickstartGuideTo:Algeria

ALGERIA

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 •  CountryMap1

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