A Niga © ria became the fifth country in Africa to create a Bill for Startups and boost the technological ecosystem in its territory, after Tunisia, Senegal, Ethiopia and Kenya.
The Bill will give the country's startups a defined regulatory framework so that they can confidently operate within the confines of the law, which undoubtedly comes at a critical time. In addition, it will increase investor confidence in the sector.
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The bill further aims to support indigenous media and launch Nigerian startups onto the global technology and start-up scene, giving them access to the world market and increasing their visibility, clientele and income.
This bill is also likely to elevate Nigeria to the top spot in Africa for technology investment. This means that hundreds of young entrepreneurs will receive capital to develop and scale their innovations and that young people will see significant increases in their income and job opportunities.
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