Taxes, lack of funding and regulation are the main problems that have arisen and threaten the survival of Angolan startups, according to the first study on the “Ecosystem of Entrepreneurship and Startups in Angola”.
Launched last week, the investigation also showed that among the main challenges facing startups in the country are the lack of specialized support to give them competence, product development capacity and money or liquidity.
The report also reported that the growth in the internet access rate, between 2019 and 2022, and, consequently, in the number of subscribers by around 48 percent as positive influencing factors for the growth of the digital ecosystem of startups in Angola.
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Another positive factor, identified as structural and influential in the digital world of Startup in the country, in that period (2019 – 2022), was the growth in access to mobile phones, which recorded an advance of 49 percent.
This growth, combined with the growth of the economically active population aged 15 or over, according to the survey, indicates that there are more people having access to the internet which, as a consequence, provides the creation of a brand for digital businesses driven by Startups
