Private Sector Development. 1. The Parties, recognising the importance of private sector development for economic transformation and job creation, shall aim to promote entrepreneurship and to develop and improve the competitiveness of enterprises. Particular focus shall be given to MSMEs, including start-ups, particularly through the promotion of enabling legal, administrative and institutional frameworks, with a view to their successful integration into sustainable supply and value chains. Attention shall also be paid to the informal sector and to upgrading informal economic activities into formal ones, and to encouraging the integration of sustainability-related objectives in business models. The Parties further agree to support the development of entrepreneurship among women and youth in the context of their economic empowerment and the promotion of inclusive development. They affirm the importance of building regional and national capacities in order to improve competitiveness in medium and high-tech manufacturing.
Private Sector Development. 1. The Parties shall promote and strengthen the role of the private sector as an effective drive of sustainable development based on corporate social responsibility and responsible business conduct. They shall provide an enabling environment to unlock the potential of opportunity-driven entrepreneurship and to better harness Africa’s entrepreneurial base, combining a mix of tools such as financing, services and training, business culture and regulatory frameworks, innovation and the application of modern technologies. They shall pay particular attention to the informal sector and the formalisation of informal economic activities.
Private Sector Development. 1. The Parties shall support the development of a dynamic, competitive and responsible private sector, including through the adoption of the necessary policies and economic, institutional and legislative reforms at national and/or regional levels. They shall take measures to strengthen and improve private sector productivity and efficiency. They shall pay special attention to the growth and improved competitiveness of MSMEs, to business incubators and to the development of cottage industries.
Private Sector Development. The Recipient has made progress in completing its process of implementing strategies and streamlining procedures to arrive at a comprehensive, fast, and user-friendly land registry.
Private Sector Development. The Recipient finalized its national public-private partnership (PPP) policy to facilitate public-private partnerships in all sectors, and the PPP xxxx was approved by the Recipient’s parliament.
Private Sector Development. (a) Leveling of the treatment of enterprises by unifying the corporate tax rate at 28% irrespective of the nature of their ownership.
Private Sector Development. (i) Provision of business development services to SMEs and individual entrepreneurs.
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Private Sector Development. 1. Provision of assistance, including carrying out of restructuring plans and environmental audits and establishment of plan to mitigate social cost of restructuring, including of possible closure of operations, to restructuring of Nigerian Coal Corporation and Nigerian Mining Corporation.
Private Sector Development. 1. Issuance of the Government Decision 94/CP approving an action plan to promote the development of the private sector.
