The Algeria Market Authority, in collaboration with the Algerian Chamber of Commerce and Industry, held an information day on financing the national economy outside traditional channels under their cooperation and partnership agreement signed on Nov. 23, 2024. The event centered on alternative funding approaches and presented the stock exchange as a strategic financing option, alongside the role of private equity firms and the opportunities they can offer, particularly for small and medium-sized enterprises. In his remarks, COSOB Chairman Youcef Bouzenada said the event was intended not only to explain alternative financing mechanisms but also to encourage economic operators to consider accessing the financial market and diversifying funding sources beyond conventional models. CACI Director General Chakib Kouidri said nontraditional financing still requires further promotion, although new financing models have produced an encouraging start. The program also included presentations by COSOB staff and the chief executive of private equity company ICOSIA CAPITAL.
Algeria Market Authority (COSOB)2025-05-06
Algeria Market Authority promotes stock market and private equity financing at information day on nontraditional funding
The Algeria Market Authority and the Algerian Chamber of Commerce and Industry held an information day focused on financing outside traditional channels. COSOB used the event to promote the stock market and private equity as funding options, especially for SMEs, and to encourage businesses to diversify beyond conventional financing.