The Nigeria Startup Bill, which happens to be the first joint initiative between the Nigerian presidency and the Nigerian tech ecosystem, aims to harness the potential of the country’s digital economy by providing startups with regulatory clarity, improved access to capital, and an enabling environment to support their growth and scalability. The Bill, which began drafting in July 2021, is a collection of inputs from several members of the ecosystem and government through a series of townhall meetings, webinars, and rallies. During the virtual Nigeria Startup Bill National Stakeholders Roundtable, a Pre-Summit event of the 27th Nigerian Economic Summit, the Nigerian Minister of Communications and Digital Economy, Prof Isa Ali Ibrahim (Pantami) gave a keynote speech where he addressed the Bill. In his presentation, the Minister, Prof. Pantami started by praising the efforts of the Nigerian Economic Summit Group for consistently generating opportunities for public-private sector dialogues on economic growth. He went ahead to stress the relevance of startups to Nigeria’s economic progress and the globe at large, and also noted that the Nigeria Startup Bill is a step in the right direction towards encouraging Nigerian entrepreneurs to develop and flourish.
SOURCE: DISRUPT AFRICA
More Stories
Nigeria has Promised to Legalize Local Refineries and Set Up Refining Hubs in the Niger Delta
Central African Ministers Agree to Merge Two Regional Blocs to Boost Trade and Growth
WhatsApp Backs Firms with Impact Investment
Abuja Threatens to Leave Ecowas
Global Remittance Firm Taps into Standard Bank’s Network
There are Currently 34 African Countries on the Heavily Indebted Poor Countries List
Ethiopia Completes Third Filling of its Mega-dam Reservoir on the Blue Nile
Jumia Records Marginal Increase in 24-hour Deliveries
Tokyo Urges its Private Sector to Become more Active on the Continent
Angola Launches its First Initial Public Offering
Making the DRC’s Streets Safe Again
Planting Spree Helps Ghanaian Women