Algerian-Russian delegation explores tech partnerships at Algeria Venture

A delegation from the Algerian-Russian Business Council explored Algeria Venture, a public accelerator, on Tuesday. The visit marked a significant step in bolstering technological and entrepreneurial connections between Algeria and Russia.

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This visit allowed us to highlight Algerian companies with the necessary potential to forge partnerships.

The delegation learned about the national ecosystem for startups and micro-enterprises. They focused on innovative projects in artificial intelligence and cybersecurity, noting the potential for these Algerian startups to export competitive digital services to Russian, African, and international markets.

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We discovered projects that have made remarkable progress in the fields of technology and the knowledge economy.

Ahmed Azimov, president of the Algerian-Russian Business Council, emphasized the council's interest in developing bilateral technological partnerships. He highlighted the promising ecosystem for innovative ideas, skills, and investments, stating that the council prioritizes the technology sector for economic development. Azimov specifically pointed to artificial intelligence as a crucial lever for many economic sectors, expressing a desire to foster Algerian-Russian partnerships in this area.

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I discovered an ecosystem conducive to innovative ideas, skills, and investments.

The visit also revealed that major Russian tech companies are beginning to establish a presence in Algeria. This presence signals Russia's interest in Algeria not just as a market, but as a strategic entry point into Africa. Several Russian entities are actively exploring local and regional synergies.

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Artificial intelligence has become an essential lever for many economic sectors.