The Algeria Market Authority held a meeting with representatives of the World Bank Group in Algeria to review prospects for closer cooperation on modernizing the country's financial market and developing alternative financing mechanisms. In that context, COSOB President Youcef Bouzenada presented the main regulatory reforms launched since 2023, framing them as part of the authority's market modernization agenda. The discussion also covered new regulatory arrangements and incentives aimed at helping startups access the stock exchange. Measures highlighted included exemptions from listing fees and simplified procedures. The World Bank Group's resident representative in Algeria also outlined the institution's international work on financial market development and corporate governance and indicated its interest in supporting further development of the Algerian market through expanded cooperation.

Original source Back to tracker