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Algeria 2024

$650M Raised in 2024: Where Algeria’s Startup Money Is Going

$650M Raised in 2024: Where Algeria’s Startup Money Is Going

ALGERIATECH Editorial
January 29, 2026

Algerian startups raised $650 million in 2024 — a 60% year-over-year jump from 2023, and a figure that positions Algeria as one of the five largest startup fundraising markets on the African continent. The headline has been cited widely.

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