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Minister of Knowledge Economy and Startups Noureddine Ouadah announced that the fifth edition of the African Startup Conference will be held in Algeria from December 5 to 7, with more than 25,000 participants expected, including over 30 deep-tech startups and 150 investors. The conference will focus on digital sovereignty, artificial intelligence, energy, health, and human capital, with the aim of strengthening African cooperation and technological sovereignty, following the African Union’s adoption of the Algiers Declaration on Startups. Ouadah also announced an “innovate or pay tax” mechanism under the 2027 draft Finance Law, allowing large companies to allocate 1% of their profits to fund local innovation or pay that amount as tax.
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