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Congolese telecom ministry prepares bill to support startups

Wednesday, 01 July 2020 16:17
Congolese telecom ministry prepares bill to support startups

(Ecofin Agency) - Léon Juste Ibombo (pictured), the Congolese minister of posts, telecoms and digital economy, announced on June 27 that his department is working on a bill to support startups active in the country. This was on the sidelines of the micro, small, and mid-size enterprises' day.

The official said the draft law will set a special legal framework for companies registered as startups and subsequently encourage young people to step in the digital entrepreneurship world. Once the bill is voted, the beneficiaries will have a special status that would grant them several advantages such as access to financial support, access to tax exemptions, facilitation and simplification of certain customs operations, etc.

To strengthen his strategy, the minister has initiated a series of days of reflection on the ecosystem of start-ups for the coming days. This demonstrates, according to him, the commitment of the government, and in particular his department, to provide young people with opportunities for creativity and technological innovation that will help improve their living conditions and meet the country's development challenges.

Muriel Edjo





 
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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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