Algeria eyes new listings in 2026

Algeria is preparing for a modest but symbolic boost to its capital markets, with regulators expecting up to three new initial public offerings in 2026 as the country pushes to deepen its thinly traded stock exchange. Among the likely entrants is Ayrade, an IT firm seeking funding to expand its data center capacity, alongside potential listings from INSAG education group and an unnamed pharmaceutical company. The planned offerings reflect Algeria’s broader ambition to diversify an economy long anchored in oil and gas revenues. Momentum has been building since Banque de Développement Local raised $464 million in an IPO earlier this year, following the 2024 listing of Credit Populaire d’Algérie. Together, these moves signal a cautious reopening of Algeria’s public equity market.

Bloomberg