BY: Hana Saada
ALGIERS- In a notable event at the 2nd African Startup Conference held in Algiers, the President of the Republic delivered a compelling address, read on his behalf by Prime Minister Nadir Larbaoui. The President extended a warm welcome to all participants and emphasized the significance of the conference in fostering African collaboration to address the challenges of digital transition and knowledge economy.
Algeria’s Commitment to Innovation
Highlighting Algeria’s commitment to innovation and startup revitalization, the President underscored the nation’s intensified efforts in these domains, aligning with national priorities to accelerate economic development. Initiatives include fostering specialized education, creating bridges between academic and entrepreneurial realms, and supporting innovative projects through technological hubs and dedicated research platforms.
The President acknowledged the rapid progress made in creating a national ecosystem that stimulates initiative and innovation, positioning Algeria as a leader on the continental stage. Anticipating an accelerated qualitative shift, he attributed this trajectory to forthcoming economic reforms designed to enhance the investment climate.
Positive Outcomes from the 1st Conference
Reflecting on the positive outcomes of the 1st conference, the President celebrated the establishment of the continental startup roadmap and the adoption of the Algiers Declaration for startup development in Africa. These decisions, supported by the 42nd session of the African Union Executive Council, align with the African Union’s Agenda 2063, aiming to build an integrated and prosperous Africa.
Entrepreneurship as a Catalyst for Change
Addressing the prevalent challenge of high youth unemployment in Africa, the President emphasized the transformative power of entrepreneurship, particularly in innovation-driven startups. He urged African governments to prioritize and support startups, recognizing their proven ability to elevate economies globally.
The President highlighted the importance of adopting innovative entrepreneurship as a primary mechanism to combat unemployment, encouraging African governments to wholeheartedly support startups. He envisioned startups as pivotal in leading initiatives and fostering continental cooperation in knowledge-based economies.
Call for African Collaboration
In a direct appeal to African entrepreneurs and business leaders, the President called for concerted efforts to integrate startup, innovation, and entrepreneurship concepts into the economic frameworks of African nations. He urged the optimal utilization of the African youth’s mastery of information flow and technological advancements.
Algeria’s Pledge to Share Expertise
Demonstrating Algeria’s commitment to the African cause, the President pledged to share Algeria’s startup experience with fellow African nations. He expressed pride in Algeria’s history of defending African interests and called for the continent’s emancipation from outdated colonial doctrines.
In conclusion, the President wished the 2nd African Startup Conference success and officially declared its proceedings open, emphasizing the importance of collaborative efforts to achieve the anticipated outcomes.
May Peace and Allah’s Blessings Be Upon You All
