Start-up acts: powering/enabling innovation in Africa

When

Thu, 27 Oct: 16:00 - 17:15 CAT

By Invitation Only

Location

MH1, Meeting Hall

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Session Description

As part of the Africa Policy Leaders Forum, this session is invitation-only. Find out more.

According to the GSMA, the size of the opportunity for tech start-ups depends on a number of enabling factors, which can have a significant impact on the sustainability and scalability of new business models. These factors include economic readiness, regulation, digital infrastructure, digital talent, and investment and support.

As African economies continue to deal with the impact of COVID-19, regulators can play a crucial role in bolstering start-ups and economic recovery. National legislation that creates clear frameworks and operational support for start-ups is one of the best ways to help Africa’s digital companies survive and thrive — and improve their economic environment over the long term.

Countries such as Rwanda, Senegal and Ghana are following Tunisia’s lead in setting regulation that centres innovation at the heart of their economic transformation that promotes their startup economy. Incentives for start-up founders include tax exemptions, paid leave and allowances to pursue entrepreneurship.

Join us for an insightful discussion on the impact of Start-up Acts on the African continent. This session will explore why policymakers should aim to create an enabling regulatory environment, how to implement it.

The session will include a keynote from a Tunisian start-up economy experts followed by a round table where stakeholders will discuss the importance of an enabling environment.

 

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