The Angolan Government recently presented in Africa, namely at the 2nd edition of the African Startups Conference, its strategy for digital entrepreneurship projects, focusing on regulating the sector, to make it eligible for financing from commercial banks.
Represented by the President of the Board of Directors of the National Institute for Support to Small and Medium Enterprises (INAPEM), João Nkosi, the Angolan delegation presented a strategy for law to regulate the ecosystem of startups and technological incubators in Angola, in order to create a comprehensive program to encourage the development of the digital economy throughout the national territory.
For the manager, and in order to have a better positioning of the different actors in the Startup ecosystem, it is necessary to have a structuring and legal framework around their actions.
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“Startups demand a more specific and specialized legal framework, taking into account the nature of their activity, therefore, INAPEM will develop, in strict partnership with public and private actors, a proposal that will bring the Angolan vision of this segment with based on comparative studies”.
João Nkosi highlighted that Angola could become the seventh country in Africa to have a law that grants the title of startups technology and digital companies in the country, with the aim of creating a comprehensive program to encourage the development of the digital economy throughout the national territory.
It was also revealed that constant meetings between the INAPEM and the Angolan Association of Startups and Digital Entrepreneurship (ASSAED), where they are learning about the country's potential for startups and the creation of a bill that could, in the near future, grant legal personality to emerging companies in light of the Angolan legal system .
