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Mauritania Approves New Legal Framework to Promote SMEs and Entrepreneurship
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On 6 November, the National Assembly passed a bill to promote and develop micro, small and medium-sized enterprises. The 13-chapter legislation aims to improve access to finance and training, encourage entrepreneurship and reduce tax burdens for companies...
On 6 November, the National Assembly passed a bill to promote and develop micro, small and medium-sized enterprises. The 13-chapter legislation aims to improve access to finance and training, encourage entrepreneurship and reduce tax burdens for companies creating employment, particularly for young people and women. No dedicated startup grant amount or venture capital fund was announced.
The new framework may create opportunities for startups, business incubators, SME advisers, fintech providers and entrepreneurship training organisations. HPC can help emerging businesses prepare investment proposals, identify finance partners and build commercial networks.