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July 1, 2025 | 2 months ago

742 projects supported, and 72 projects financed

On Monday in Algiers, the Minister of Labour announced that 742 project leaders had been supported and 72 projects financed as part of the national strategy for the social and solidarity economy.

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The Minister of Labour, Fayçal Bentaleb, has announced a national strategy dedicated to the development of the social and solidarity economy (SSE), in line with the orientations of President Abdelmadjid Tebboune. This strategy aims to provide a legal framework for an economic model that is already rooted in Algerian culture (Waqf, Zakat, Touiza, etc.).

 

Objectives and concrete actions

 

·    742 projects supported; 72 projects financed in 12 pilot wilayas

·    Program supported by the European Union and UNDP.

·    Goal: encourage employment, social justice, and reduce the informal sector.

 

A pillar of the social state

 

The SSE is presented as a lever for equitable and sustainable development, reinforced by historical values of solidarity, highlighted during the COVID-19 crisis.

 

Digitisation of the SSE

 

The Minister for Startups, Nourredine Ouadah, advocates for the digitalization of the SSE by online platforms and digital tools to promote traditional know-how in the 58 wilayas.

 

International partnerships

 

·    The EU and UNDP actively support this approach.

·    Diego Mellado (EU) stresses the importance of the SSE model for economic resilience.

·    Natacha Van Rijn (UNDP) highlights the involvement of women (58% of projects selected) and efforts to create a favourable ecosystem.

 

Algeria aims to make the SSE a central pillar of its public policies, drawing on its cultural roots, solid international partnerships, and a strong commitment to digital modernization.

 

July 1, 2025 | algeria-logo