0 282020Jul Technology, Media and Telecommunications Update in Africa – July 2020 In Botswana, Ethiopia, Ghana, Kenya, Media, Broadcasting & Communications, Namibia, Nigeria, Rwanda, South Africa, Tanzania, Uganda, Zimbabwe This e-bulletin highlights key legislative and regulatory developments in the technology, media and telecommunications sectors in sub-Saharan Africa. This issue covers the period 16 April 2020 to 15 July 2020 includes developments Botswana, Ethiopia, Eswatini, Gambia, Ghana, Kenya, Namibia, Nigeria, Rwanda, South Africa, Tanzania, Uganda and Zimbabwe. Botswana Botswana Communications Regulatory Authority intervention towards COVID‑19… Read More
0 252019Nov Opening the money taps into Africa In Africa, Local Investment Laws and Indigenisation, Nigeria, Rwanda, South Africa Akinwumi Adesina is not a name most people in Africa would recognise, yet it belongs to a man who is, arguably, doing the most to haul the continent out of a rut of underdevelopment and improve the lives of its people. Adesina is president of the African Development Bank (AfDB) and the brains behind this… Read More
0 22019Jul How Nigeria is going local In Local Investment Laws and Indigenisation, Nigeria Promoting “indigenisation” in the Nigerian economy was the subject of a recent LEX Africa seminar, which asked how foreign investors were forging partnerships with local players, using local content and local manufacturing capacity and transferring valuable work skills. There was no shortage of success stories emanating from the gathering in London. Most noteworthy has been… Read More
0 182019Jun US Consulate office in Eko Atlantic, Lagos In Nigeria, Property Law and Real Estate Our Nigerian member firm Giwa-Osagie & Co., recently represented the Government of the United States of America when they purchased a large piece of land to use as its new Consulate office in Eko Atlantic, Lagos. It was a landmark transaction! Here are some of the photographs taken at the closing ceremony of this transaction. Share… Read More
0 42019Jun Tax in African countries In Africa, Morocco, Nigeria, Tax, Uganda, Zambia, Zimbabwe The African Union is on a drive to make the continent economically self-sufficient and some observers believe fixing tax collection is a low-hanging fruit in this endeavour. Africa’s tax-to-GDP ratio is about 18%, while in the developed countries of the OECD it is 34%. In Nigeria, Africa’s largest economy, the number is just 5.9%. Many… Read More
0 172019Apr One small step for Africa In Africa, Local Investment Laws and Indigenisation, Nigeria On April 2 the Gambia’s parliament wrote itself into modern African history when it ratified the Africa Continental Free Trade Agreement (AfCFTA). It became the 22nd country to do so, pushing the plan across an agreed threshold for it to “come into force”. This does not mean African countries will be dropping tariff and non-tariff… Read More
0 222018Aug Developments in Competition Law in Africa In Angola, Competition/Antitrust, Mozambique, Nigeria, Zambia African States are increasingly implementing and enforcing competition laws both on a national and a regional basis. This has important implications for foreign and local businesses operating in Africa. At LEX Africa’s June seminar on developments in competition law in Africa, speakers discussed the increasing trend of governments to try and use competition law as… Read More
2 92018Apr An Outlook on Africa 2018 In Africa, Local Investment Laws and Indigenisation, Mining, Environmental & Resources, Mozambique, Nigeria, South Africa, Zambia, Zimbabwe LEX Africa members from around the continent gathered at a seminar in Johannesburg to discuss Africa’s investment climate and private equity market, governance in Zimbabwe, and the future of Nigeria’s flourishing economy. Quality goods, policy reformation that addresses the challenges of doing business in Africa and a welcoming environment for foreign direct investors are just… Read More
0 152018Jan Nigeria’s Hottest Investments In Local Investment Laws and Indigenisation, Nigeria Last year has been one of economic progress for Nigeria, with Africa’s largest economy managing to crawl back into growth territory in the second quarter of 2017. The Nigerian government has been working hard to brand the country as an attractive and lucrative destination for offshore investors to bring their capital, skills and business trade. For… Read More
0 252017Apr China extends multi-billion dollar credit line in Nigerian agriculture deal In Banking & Finance, Investment Funds & Private Equity, Nigeria The loan is expected to equip farmers with vehicles and irrigation systems and graders. A few years ago, Nigeria was heavily reliant on importing rice from Thailand. In 2014, a shipment of 1.2 million tons of the food staple had been brought in. By 2015, Nigeria decreased its purchase order by 95 percent to 58,000… Read More