A decree-law has been issued in Tunisia with the goal of enhancing the efficiency with which public and commercial projects are implemented.
Among the issues contained in this new piece of law is a section dedicated to startups. In reality, the public procurement must now set aside 10% of the expected value of contracts for research, works, and the provision of products and services each year for the benefit of startups.
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The document also announces the establishment of a commission for the control of innovative purchasing markets under the High Authority for Public Orders, the composition, powers, and working procedures of which are determined by decree.
10% startups Tunisia 10% startups Tunisia
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard. You can book a session and speak with him using the link: https://insightsbyexperts.com/view_expert/charles-rapulu-udoh