Content
The Algerian economy is dominated by the oil and gas sector, is often uncompetitive and is heavily dependent on fossil fuels. The Algerian government has therefore already initiated economic policy reforms to enable broad-based growth and make local micro, small and medium-sized enterprises (MSMEs) more competitive. However, public and private support programmes to enable MSMEs to grow in a green and broad-based manner are still inadequate and need to be expanded.
Objective
New support programmes for Algerian MSMEs contribute to a broad-based and more competitive economy.
Approach
The project supports public and private support programmes for MSMEs and does the following:
- It advises MSMEs so that they utilise company resources more efficiently and thus contribute to green growth in the country.
- It also establishes programmes that expand the skills of MSMEs so that they can access new national and international markets.
- Business associations, funding organisations and public-private networks are supported in offering services that promote green innovation by MSMEs and the use of information and communication technologies.
- The project also advises public and private stakeholders so that they can better analyse the difficulties faced by MSMEs and reduce insolvencies.
With new funding for MSMEs in the agricultural and food sector, the programme is also helping to improve the competitiveness of these businesses.