Promoting female entrepreneurship in Algeria's green economy

Context

Algeria has not only significant natural resources at its disposal, including oil, gas and a wealth of fauna and flora, but holds great potential for the socio-economic development of women. This opens up new opportunities for the country’s transition to a green economy.

Women currently only make up around 17.4 per cent of economic actors. Greater representation of women in the business world would support the Algerian Government’s strategy for diversifying the economy. At the same time, it would improve the low employment rate and eliminate income disparities. In order for women to start and expand their business activities, they need access to needs-based support and financial services.

Context

Female entrepreneurs in the green economy benefit from a demand-driven entrepreneurial ecosystem in Algeria.

Approach

The project develops the entrepreneurial ecosystem in Algeria by expanding services that are better tailored to the needs of female entrepreneurs in the green economy. The focus is on improving the rights, resources and representation of female entrepreneurs by taking a transformative approach. To this end, the project promotes the knowledge and skills of private and public actors, especially central and local institutions, women's associations and incubators, making it possible for them to offer their support services to female entrepreneurs in a more targeted manner.

In cooperation with female entrepreneurs, the project is also expanding services aimed at strengthening competitiveness and innovative capacity. The focus is on value chains for the production of natural products from vegetable oils. Through activities aimed at promotion and communication, the project improves awareness of female entrepreneurship.

Last Update: May 2024