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Noureddine Ouadah highlights the key role of African start-ups in the creation of wealth and jobs
Tokyo international conference on Africa’s development (TICAD 2025)
The Minister of the Economy of Knowledge, start-ups and micro-enterprises, Noureddine Ouadah, put forward, in Yokohama (Japan), where he participates as a representative of the President of the Republic, Abdelmadjid Tebboune, in the work of the Tokyo international conference on the development of Africa (Ticad 2025), the key role of African start-ups And jobs. “The African continent is going through a decisive step in its economic and development process, which requires placing economic transformation at the heart of priorities,” he said.
Pleading for a rational and equitable management of resources, associated with the diversification of the economic base, as a prerequisite for the realization of sustainable development and the consolidation of stability.
Speaking during the session devoted to economic issues, Noureddine Ouadah insisted on the importance of working on four essential axes, in their heads innovation and technology, real development levers, especially through digital transformation and artificial intelligence.
Stressing, on the occasion, the commitment, the farm of Algeria, in favor of continental integration and the strengthening of the place of Africa as a leading economic force on the international scene, through, continued the Minister, investment in promising energies and the anchoring of the values of solidarity, unity and strategic complementarity.
Pleading for a rational and equitable management of resources, associated with the diversification of the economic base, as a prerequisite for the realization of sustainable development and the consolidation of stability. “Excessive dependence on natural resources has made African economies vulnerable to fluctuations and crises,” he added. Recalling that the national economy has experienced sustained growth thanks to profound structural reforms and an ambitious policy of strengthening national production and diversification of exports outside hydrocarbon, which allowed Algeria to become the third African economy.
Finding that the Algerian model is distinguished by economic independence and an absence of external debt, the Minister said that in the context of international cooperation, Algeria is working to strengthen strategic partnerships with Japan and other Asian countries, in particular in the fields of technology, the processing industry, renewable energies and the transfer of expertise in innovation and modern management, taking into account priorities African development.
Recalling, in this regard, the importance of the Tokyo summit as a strategic framework for dialogue and effective mechanism for supporting cooperation, on the basis of solidarity, respect and mutual interests.
Organized in partnership between the African Union, Japan, the United Nations Development Program (UNDP) and the World Bank, the TICAD 2025 whose work began last Wednesday, brings together representatives of 55 African countries, in addition to the Japanese authorities and representatives of international organizations.
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