Chairman, Africa Information and Communication Technology
Alliance (AfICTA), Dr. Jimson Olufuye, has tasked members of the African Union
(AU) to offer tax holidays on Information and Communication Technology (ICT)
sector, especially for startups which are made up youths trying their hands in entrepreneurship,
reports ITRealms.
Speaking at the just concluded 2016 edition of AfICTA summit
in Windhoek, Namibia in a session with African ICT Ministers and heads of IT
agencies, ITRealms gathered that Olufuye
tasked participants on creating enabling environment for ICT Startups on the
continent by extending tax holidays to this critical subsector.
He stressed that requisite enabling environment based on tax
holidays has the capability of providing providing financing aligned to
different categories of contract works and deliverables, including removal of
visa restrictions for Africans to enhance investment and trade across the region.
The 2016 summit ITRealms
gathered, has the theme “Internet of Things for Sustainable Development” and was
intended to stimulate milestones that are strategic to changes in the world, as
well as in agreement with the 17 Sustainable Development Goals (SDGs) to be
realized by the year 2030.
ITRealms recalls that
2016 marks the 4th AfICTA Summit which held between October 11 through 14th in Windhoek, Namibia, under
the auspices of the ICT Professionals' Association of Namibia (ICT-PAN) and the
Ministry of ICT, Namibia.
Chuks Egbune/GEE
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