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AYRADE to list on the Algiers Stock Exchange: Interview with founder Mohamed Lamine Belbachir
via Algérie3608 min read
AYRADE, an Algerian sovereign cloud operator, is set to list 20% of its capital on the Algiers Stock Exchange between June 1 and June 30, 2026. Founded 17 years ago by Mohamed Lamine Belbachir, the company aims to provide local digital infrastructure, reducing Algeria's reliance on foreign cloud providers. AYRADE has grown significantly, with its revenue more than doubling in one year, 3,700 active cloud clients, and two operational data centers in Algeria. The company projects a 9.45% return on its business plan horizon. Mohamed Lamine Belbachir, founder, CEO, and Chairman of the Board, emphasized that AYRADE's strategic ambition is built on three pillars: local data hosting for regulated operators and administrations, local control of critical infrastructure as an alternative to foreign actors, and fostering an ecosystem of Algerian expertise in cloud, AI, and sovereign cybersecurity. AYRADE covers the entire digital services value chain, including sovereign cloud and hosting, data centers, sovereign cybersecurity with its Security Operations Center SOC and proprietary product ASA, and research and innovation, including AI integration in cyber detection. The company has over 10,000 clients, with 3,700 active in the cloud segment, focusing on sectors with critical data such as banking, insurance, telecommunications, energy, and public administration. AYRADE's revenue increased from 192 million dinars in 2024 to 416 million in 2025, a 117% growth. The company projects revenue
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A 4.9 magnitude earthquake was recorded in the wilaya of Batna on Thursday at 00:16, with its epicenter located 2 kilometers southeast of Aïn Djasser, according to the Research Center in Astronomy, Astrophysics and Geophysics CRAAG. This follows a 3.8 magnitude tremor in the same region on Wednesday at 10:44, with an epicenter 6 kilometers southwest of Aïn Djasser. The CRAAG has addressed public concerns regarding a recent series of earthquakes across Algeria, including during the Eid Al-Adha holidays, stating that this seismic activity is normal. The center noted moderate seismic activity beginning on the first day of Eid, including a 3.0 magnitude tremor in Mihoub wilaya of Médéa and a 3.4 magnitude tremor in Timgad wilaya of Batna. A more significant event, a 4.1 magnitude earthquake, occurred at sea 50 kilometers northwest of Ghazaouet wilaya of Tlemcen, and a 3.3 magnitude tremor was felt north of Aokas wilaya of Béjaïa. The CRAAG attributes this activity to Algeria's geological position on the edge of the African tectonic plate, which converges with the Eurasian plate at approximately 5 mm per year, causing stress release through tremors. The center also highlighted that around 80 tremors are recorded monthly by the national surveillance network, with nearly 90% being imperceptible to the public. The CRAAG reassures that these events are part of the region's natural geological activity and pose no imminent danger, emphasizing the importance of maintaining and modernizin
The Algerian national team secured a 1-0 victory against the Netherlands in Rotterdam, marking a successful first test ahead of the 2026 World Cup. The first half saw significant pressure from the Dutch team, with Melen hitting the post and creating several dangerous opportunities that were saved by Algerian goalkeeper Luca Zidane. Algeria's only notable chance in the first half came from Amoura, who failed to convert a pass from Mahrez. After a scoreless first half, Algeria's coach Valdimir Petkovic made several changes, introducing Hadj Moussa, Maza, and Chaïbi, which revitalized the team's offense. The second half saw an improved technical level, particularly from Algeria, as the Dutch team's pace decreased. Hadj Moussa scored the decisive goal in the 86th minute with an individual effort and a curled shot. Algeria maintained their lead until the final whistle, securing an important psychological victory against a strong football nation in their home stadium, demonstrating their ambition for the upcoming World Cup.
Must ReadOn June 1, European Union member states, the Parliament, and the Commission approved new legislation on the expulsion of undocumented migrants. This text, supported by the right and far-right, allows for the detention of exiles for identity verification and the creation of detention centers outside EU borders. While some measures, such as strengthening Frontex, expulsions to third countries, or "return hubs," will be implemented immediately, the rest of the system will take effect within a year. This marks a new authoritarian turn in European migration policy, potentially at the expense of fundamental rights. Previously, externalizing detention centers outside the EU was largely impossible, except for a specific case with Albania due to a legal loophole. Italian far-right Prime Minister Giorgia Meloni had already initiated her own project with Tirana, though it faced judicial vetoes. Countries like Denmark, Austria, and Germany have expressed support for these "return hubs," with concrete plans discussed for centers in Rwanda, Uganda, or Uzbekistan. Unaccompanied minors are the only exception to this new framework. The legislation also mandates the systematic expulsion of all irregular foreign nationals. The period for voluntary departure can be reduced to 0-30 days, enabling immediate forced expulsions. European capitals gain broad authority to detain exiles, expanding detention grounds to include vague criteria such as flight risk, security threat, simple identity checks, o
Must ReadAlgeria has achieved the 12th position in the 2026 ranking of Africa's top-performing countries, published by Jeune Afrique magazine on June 2. With a total score of 40.39 points, Algeria moved up seven places from the previous edition, marking one of the most significant increases this year. The country scored 20.83 points in governance and 6.51 points in influence. This places Algeria ahead of Tunisia 13th with 40.17 points and Senegal 14th with 38.32 points, as well as Tanzania 15th, Seychelles 16th, Cape Verde 17th, Mauritania 18th, Ethiopia 19th, and Mozambique 20th. South Africa maintains its leading position with 63.13 points. Mauritius secured second place with 50.69 points, advancing four ranks, while Namibia made a notable jump of twelve places to claim third with 49.89 points. The top 10 also includes Morocco 4th with 48.92 points, Nigeria 5th with 48.17 points, Egypt 6th with 47.30 points, Rwanda 7th with 43.27 points, Ghana 8th with 42.77 points, Côte d'Ivoire 9th with 42.01 points, and Kenya 10th with 41.62 points. Jeune Afrique's methodology for this ranking evaluates governance 50% of the final score, influence 25%, and innovation 25%. It analyzes 24 distinct indicators over a macroeconomic period from 2022 to 2024, with updates extending to 2025.