Why African startups are lobbying governments for more regulation ...Middle East

Economy by : (Quartz) -
Businesses in developed economies may find themselves annoyed, frustrated, or even stifled by government regulation and bureaucracy. African startups, on the other hand, are actively lobbying their governments to put more rules in place.Just look at the growing number of countries exploring “startup acts,” inspired by Tunisia, which in 2018 enacted legislation to define “startup” and provide incentives like tax exemptions and paid leave to pursue entrepreneurship. A recent report ranking Africa’s tech ecosystems praised countries following Tunisia’s lead—Morocco and Ghana among them—for enacting reforms that position science and technology at the heart of their economic transformation.Legisl

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