Algerie Telecom Launches AI Startup Fund

Algeria’s state-owned telecom company, Algerie Telecom, has announced an US$11 million investment fund to support startups in artificial intelligence, cybersecurity, and robotics.  The initiative was unveiled at the third edition of Algeria’s CTO Forum as part of the country’s national AI and digital transformation strategy.

 The investment will support the establishment of 20,000 startups, alongside efforts to develop AI-focused universities, incubators, and a nationwide expansion of digital infrastructure aimed at strengthening Algeria’s technological ecosystem.