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
-
Mission 300 to Require About $46 Billion for Mini-Grid Rollout in Africa by 2030
19:17
-
Kenya Turns to European Union to Strengthen Cybersecurity
19:08
-
Saudi Arabia’s Zahid Group Buys South Africa’s Barloworld for $1.4 Billion
19:02
-
Tanzania Targets June Deal to Restart $42 Billion LNG Project
18:49
-
Togo steps up dialogue with businesses to restore trust in tax system
17:52
-
Sunday Paul Adah Scales Fintech Platform for Global Education Costs
15:05
-
Steve Nganga Connects Kenyans to Reliable Local Services Through Balozy
15:02
-
Togo Swears In Transport Minister Kadje, Maritime Deputy Tengue
14:27
-
Togo secures 400 million CFA francs from ECOWAS for refugee support
14:20
-
Entrepreneurs Called to Join KAIZEN Training Programme Targeting Efficiency in Cameroon’s Growing SME Sector
14:17
The BoxCommerce–Mastercard Partnership introduces prepaid cards, giving SMEs instant access to e...
Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...
Circular migration is based on structured, value-added mobility between countries of origin and host...
President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...
Africa’s trade deficit with China widened 64.5% to $102 billion in 2025 Chinese exports ...
Africa will require about $46 billion by 2030 to deploy mini-grids under the Mission 300 initiative led by the World Bank and the African...
Zahid Group acquired 100% of Barloworld for 23 billion rand ($1.4 billion) through a consortium called Newco. The transaction triggered Barloworld’s...
Tanzania plans to sign the legal framework for the $42 billion Tanzania LNG project before June 2026. The project targets development of more...
Extractive sector surged 50.9%; manufacturing grew 3.5% on food, fuel gains Cumulative industrial activity up 11.7% by end-September 2025 Industrial...
The Khomani Cultural Landscape is a cultural site located in northern South Africa, in the Northern Cape province, near the Kgalagadi Transfrontier Park....
Three African productions secured places among the 22 films competing for the Golden Bear at the 76th Berlin International Film Festival. Berlinale...