2 292022Jul M&A activity on the rise in Africa in 2022 In Angola, Corporate Mergers & Acquisitions, Guinea Conakry, Namibia, Nigeria, Rwanda, Zambia According to the recent Dealmakers Africa report, during the first quarter of 2022 the total value of deals in Africa – excluding South Africa – was $9,7 billion – an almost three-fold increase over that of Q1 2021 – off 196 transactions. North and West Africa were the two regions with the greatest deal activity,… Read More
0 282022Mar Nigeria: Opportunities and challenges abound for Africa’s biggest economy In General Business Law, Local Investment Laws and Indigenisation, Nigeria A key regional player in West Africa, Nigeria accounts for about half of West Africa’s population, with about 202 million people and one of the largest populations of youth in the world. It has the highest GDP in Africa, standing at $514.05 billion in 2021, and with an abundance of natural resources it is Africa’s… Read More
0 82022Mar The women of LEX Africa speak out about breaking the bias on International Women’s Day! In Africa, Algeria, Ivory Coast, Kenya, Lesotho, LEX Africa, Mozambique, Nigeria, Rwanda International Women’s Day has been celebrated every year on 8 March, for more than 100 years, and it was made an official global holiday by the United Nations in 1977. It is a day when women are recognised for their achievements without regard to divisions, whether national, ethnic, linguistic, cultural, economic or political. Ironically, given… Read More
0 282022Feb AfCFTA: Key pillars mostly in place for Africa’s ambitious free trade scheme In Africa, General Business Law, Nigeria, South Africa Just over a year has passed since the African Continental Free Trade Area (AfCFTA) officially kicked off in January 2021, and there are encouraging signs of progress. The ambitious plan to revolutionise trade on the continent is expected to reduce input costs, transport costs, and delays for African exporters in reaching regional and global markets…. Read More
1 212022Feb Big tech and digital tax in Africa In Africa, Nigeria, Tax The Covid-19 pandemic accelerated the use of technology across the African Continent as individuals and businesses switched to working, learning, shopping, and socialising online, along with the rest of the world. As a result, giant tech multinational corporations like Facebook (Meta), Google and Microsoft reportedly racked up huge profits during the pandemic. Yet these and other… Read More
0 272022Jan Technology Media and Telecommunications Africa Quarterly E Bulletin In Botswana, Cameroon, Ghana, Kenya, Lesotho, Mauritius, Media, Broadcasting & Communications, Mozambique, Namibia, Nigeria, Rwanda, South Africa, Swaziland, Tanzania, Uganda, Zambia, 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 October 2021 to 15 January 2022 and includes developments from Botswana, Cameroon, Eswatini, Ghana, Kenya, Lesotho, Malawi, Mauritius, Mozambique, Namibia, Nigeria, Rwanda, Seychelles, South Africa, Tanzania, Uganda, Zambia and Zimbabwe. Botswana… Read More
0 272021Oct Renewable energy in the spotlight In Ethiopia, Ghana, Infrastructure, Energy & Projects, Kenya, Mozambique, Nigeria, Senegal, South Africa, Tanzania, Zimbabwe With global energy focused on carbon emissions in the run up to COP26, the role of Africa in the energy transition is once again under the spotlight. African policy makers are grappling with big questions about how to move their countries forward, particularly oil and coal producers, many of them under pressure from developed countries… Read More
0 282021Sep New realities in Africa: Covid-19 and taxes In Kenya, Mauritius, Nigeria, South Africa, Tax Ongoing economic pain wrought by the Covid-19 pandemic has put government revenue under a harsh spotlight. The likely direction to be taken by tax authorities in Africa in a post-pandemic era was discussed in a recent webinar co-hosted by LEX Africa and the South Africa-Nigeria Business Chamber. One disconcerting possibility raised was that revenue shortfalls… Read More
0 222021Sep Africa tech start-up boom is creating opportunities for law firms In Cyber Law, Block Chain, Technology, Egypt, Nigeria, South Africa, Uganda Tech start-ups is a hot topic in Africa, and the growing innovation culture is giving rise to a proliferation of apps and digital platforms that are attracting seed funding. This year alone, by mid August, 303 African tech start-ups had raised just over $1 billion, up 69% on 2020 figures, according to a report by… Read More
0 262021Jul Africa joins the new space race In Africa, Cyber Law, Block Chain, Technology, Infrastructure, Energy & Projects, Kenya, Mauritius, Nigeria In the scramble to put ever-more small satellites into orbit, Africa is positioning itself to be in the big picture. The MIR-Sat1 launched by Mauritius in June 2021 became Africa’s 44th satellite in orbit around Earth. Two months earlier, Tunisia successfully placed its Challenge 1 among the rapidly growing constellation of African satellites accumulating and… Read More