The Algeria Market Authority has established an exceptional mechanism allowing eligible innovative companies to seek admission to the stock exchange’s Growth segment even if they cannot provide two completed and certified financial years. The framework targets recently created companies carrying the Startup or Scale-up label and is intended to reflect their stage of development while expanding access to market financing. Applicants must demonstrate active operations or sufficient operational maturity, a viable business model and a development plan that justifies market financing. The authority will assess factors including business maturity, growth and commercial traction, governance, financial condition, funding needs, development plans and operational risks. Any waiver remains at the authority’s discretion and does not reduce transparency, disclosure or investor protection requirements.
Algeria Market Authority creates financial history waiver for startup and scale-up Growth segment listings
The Algeria Market Authority has created a discretionary waiver enabling eligible Startup or Scale-up labelled companies to seek Growth segment listings without two completed and certified financial years. Applications will be assessed against operational maturity, business viability, growth, governance, financing needs and risk, while disclosure and investor protection requirements remain in place.