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
EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...
MTN Zambia tests Starlink satellite service connecting phones directly from space Direct-to...
Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...
Nigeria introduced a 1% flat tax on the turnover of informal-sector businesses under a new presump...
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...
Portuguese glass-packaging group BA Glass seeks approval to acquire a 41.28% controlling stake in Tunisia’s Sotuver. The transaction values the block...
Shareholders rejected a A$170 million equity placementinvolving Afriland Bourse & Investissement and Eagle Eye Asset Holdings. Canyon Resources...
Proparco commits $15 millionto the African Transition Acceleration Fund (ATAF), a vehicle targeting early-stage climate infrastructure in...
Shell identified gas shows in the Sirius-1X exploration well drilled offshore Egypt in the Mediterranean. The well lies in the North East El‑Ameriya...
Actress Wunmi Mosakuand director Kaouther Ben Haniarepresent Africa among contenders at the 2026 Oscars. Mosaku received a nomination for Best...
With much of Africa’s cultural heritage still held outside the continent and restitutions in Europe moving slowly, a South African video game imagines...