Expression of Interest For Angola- Nigeria Peer To Peer Learning - Startup Legislation

Expression of Interest are invited for Angola- Nigeria Peer to Peer Learning - Startup Legislation The Government of Angola is committed to enhancing the business environment and promoting a digital economy to spur entrepreneurship and diversify the economy. In 2023, as part of this projects preparation, IFC undertook an assessment of Angolas startup ecosystem highlighting that, with a better legal and regulatory framework and incentives, Angolas nascent startup ecosystem has the potential for growth. Drawing from the successful growth of startup ecosystems and the attraction of capital in other African countries (i.e., Tunisia and Nigeria), Angola has begun the process of formulating a Startup Act. INAPEM - the national institute supporting MSMEs, under the Ministry of Industry and Commerce - requested IFCs assistance to develop the Angola Startup Act and improve associated regulations to facilitate the creation and growth of startups, representing an attractive investment for early-stage investors. IFC´s support to this agenda is provided through the Angola Startup Project helping to improve the business enabling environment for entrepreneurs and startups. The Project aims to support INAPEM in effectively engaging with the Angolan startup ecosystem as part of the Startup Act legislative process. It is crucial to ensure that the private sectorcomprising startups, potential investors, and support organizationsprovides feedback as the ultimate beneficiaries of the proposed law and related regulatory amendments. Nigeria serves as an exemplary model, having successfully adopted a collaborative approach for the development and implementation of its Startup Act. IFC is seeking the services of a Consultant (firm) to plan and organize a study tour to Nigeria for an Angolan delegation composed of government officials and key ecosystem stakeholders. Additionally, the Consultant will facilitate further peer-to-peer learning activities between Angola and Nigeria, including the presentation of the Nigeria Case Study during a stakeholders consultation event in Luanda and peer review of the draft Angola Startup Law. Tender Link : https://wbgeprocure-rfxnow.worldbank.org/rfxnow/public/advertisement/4281/view.html