The President of Algeria, Abdelmadjid Tebboune (pictured), instructed his government to introduce digital technology in all economic sectors of the country to have reliable economic statistics. According to the Head of State, digital technology and foresight are two essential means to get out of the sphere of approximate statistics which do not help to establish a strong and modern economy or to ensure the transparency of economic transactions, in a context of imperative modernization for the effective revival of the national economy.
On May 3, the trade minister presented, during a council of ministers, the digital system for monitoring and tracking the food and agricultural products market supply in the context of the spread of the Covid-19 pandemic, particularly during the month of Ramadan.
The system aims at the creation of a database to identify all actors involved in the production and distribution of mass consumption products, determining production capacities and organizing the distribution perimeter, and ensuring periodic monitoring of storage levels at the national level for the public and private sectors.
The President of the Republic who highly appreciated this digital system, which he described as a first step “on the right path for the construction of a modern national economy,” urged its regular updating to have at any time a real picture of the sector with accurate figures. He described the introduction of digital technology as “a strategic choice for the State that must be implemented without delay.”
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
Military escalation between Iran, Israel, and the United States has raised the risk of disruptions...
Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...
DRC seeks ITC support for local battery value chains Musompo SEZ targets $2 billion private ...
Algeria’s NESDA and the Algerian‑Saudi Investment Company sign cooperation deal focused on researc...
African airlines increased passenger traffic 11.7% year-on-year in January 2026, among the strongest growth rates globally. Airlines increased capacity...
The government ordered the creation of a joint expert commission to tighten environmental oversight in the mining sector. Authorities identified...
Retail investors in Cameroon invested 25.9 billion CFA francs ($45.9 million) in government securities as of Jan. 31, 2026. Retail participation...
Nigeria introduced a 1% flat tax on the turnover of informal-sector businesses under a new presumptive tax framework. Authorities exempt nano and small...
African-born artists generated $77.2 million in auction sales in 2024, down 31.9% year-on-year. Women artists accounted for about $22...
In April 2026, the Amani Festival will change venues. Forced to leave Goma for Lubumbashi due to growing insecurity, the event turns displacement into an...