In the entrepreneurial landscape, startups are critical engines of innovation, job creation, and economic development. Several European nations, aware of this immense potential, have long since implemented tax breaks designed expressly to bolster and foster the growth of startups.
Indeed, this region has deservedly earned its reputation as an innovation hub, with these tax benefits playing a crucial role in granting startups the much-needed financial leeway to flourish during their formative phases. The African continent could draw valuable lessons from these strategies.