Algeria secures cooperation deal in innovation and startups with Italy
Tuesday, 11 August 2020 13:56
Algeria and Italy plan to collaborate in the field of startups and innovation, mainly focusing on financing, technology transfer, and research and development.
Yacine El-Mahdi Oualid (pictured), the Algerian Minister Delegate to the Prime Minister in charge of the Knowledge Economy and Startups and the Italian Minister of Innovation agreed to set up this high-level exchange program on 7 August 2020.
The agreement between the two parties was reached during a working visit by Yacine El-Mahdi Oualid as part of the partnership in innovation and promotion of startups between the two countries. The objective is to open new business opportunities for Algerian startups in foreign markets, especially Europe, and access to African markets for Italian investors via Algeria.
The Memorandum of Understanding is expected to be signed once all the details have been studied.
Live News
-
World Bank approves $240 mln for coastal protection in Benin, Mauritania
19:00
-
Commonwealth Delegation Assesses Industrial and Logistics Investment Opportunities in Togo
18:04
-
U.N. Closes Two Bases in Central African Republic as Security Conditions Improve
17:21
-
The Diet Shift: What Bennett’s Law Shows About Africa’s Food Transition
16:54
-
Guinea-Bissau: IMF approves $3.2 mln disbursement, extends credit program to end-2026
20:04
-
Togo signs investment MoU with China's WIETC in health, energy and infrastructure
19:11
-
Omar Gabr Reinvents Bug Tracking with AI-Driven Insights
10:51
-
Cameroon Reviews Progress on XAF350bn Rail Programme as Projects Near Implementation Phase
09:46
-
Cameroon Moves to Cut Food Imports with Cassava and Palm Oil Investment Deals
08:43
-
Douala Port Signs XAF40bn Rail Concession to Upgrade Logistics, Raise Revenues
08:19
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...
Funds target erosion control, ecosystem restoration in Benin and Mauritania Program aims to protect 530,000 people and create 13,000 jobs The World...
Move part of mission realignment, not withdrawal, UN says Armed groups persist despite 2019 peace deal, especially in east The United Nations...
While Engel’s Law explains how the share of household spending on food rises as incomes fall, Bennett’s Law focuses on how diets change as incomes...
IMF approves $3.2 million disbursement under Guinea-Bissau program Performance weaker than expected, several targets and benchmarks...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...