AGP Executive Report
Last update: 8 minutes agoStartup & SME Finance: The African Development Bank and Algeria’s Ministry of Knowledge Economy, Startups and Micro-Enterprises pledged to deepen support for startups and SMEs, including stronger links with Algeria Venture and joint participation in an Algiers startup conference. Energy Transition: Algeria is accelerating renewables and green hydrogen, aiming for 15 GW of renewable capacity by 2035 to reduce heavy oil-and-gas dependence. Electricity Trade: Algeria confirmed it will keep exporting electricity to Tunisia during summer 2026. Health Tech Deal: Recce Pharmaceuticals signed a term sheet for a 10-year exclusive MENA licensing plan for its R327G gel to treat diabetic foot infections, covering Saudi Arabia, GCC, Egypt, Algeria and Morocco. Water & Smart Metering: Sensus International launched as a standalone firm after its sale from Xylem, with operations including Algeria, targeting lower water losses and utility digital transformation. Geopolitics & Security: Russia’s top military-technical cooperation partners include Algeria, alongside China and India, according to a Russian official. Tourism Flows: Turkey’s April arrivals data put Algeria among the top Arab sources of tourists to Türkiye.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.