Word's coming out of North Africa that Algeria's capital markets are gearing up for some action next year. The local regulator just dropped hints about 2-3 companies lining up to go public on their exchange.

One name catching attention? Ayrade—an IT outfit with big plans. They're apparently eyeing the public markets to bankroll data center expansions. Makes sense when you think about it. Data infrastructure isn't cheap, and the demand keeps climbing.

Not exactly a flood of IPOs, but for a market that doesn't make headlines often, this signals something's moving. Tech companies tapping traditional finance routes for infrastructure buildout—classic playbook, different geography.

Whether these deals actually materialize is another story. IPO plans and IPO launches don't always match up, especially in emerging markets where regulatory timelines can stretch. But the intent's there, and that's worth noting for anyone tracking regional capital flows and infrastructure development.