Algeria seeks to activate the stock exchange in order to attract investments

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AK&M 15 January 2026 22:21

Two or three IPOs are planned to be held on the Algerian Stock Exchange in 2026. This is reported by foreign media with reference to the local regulator.

In particular, the Algerian IT company Ayrade intends to conduct a share placement in order to raise funds to finance data centers.

The Algerian educational company INSAG Education Group and the pharmaceutical laboratory also intend to conduct an IPO.

Algeria, an OPEC member with some of Africa's largest oil and gas reserves, is seeking to increase its small illiquid stock market and diversify its economy.

In early 2025, Banque de Developement Local became the sixth company officially listed on the main stock exchange after raising $464 million in an IPO, becoming the second public government lender after Credit Populaire d'Algerie in 2024.

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