Welcome to Africa’s legal blog

Never miss a beat on Africa's legal and regulatory landscape.

Templars

The United Kingdom’s New “Failure to Prevent Fraud” Offence: Impact on Nigerian Companies

In a bid to aggressively confront and address economic crimes and fraud which accounted as the most common offence in the United Kingdom, amounting to 41% of all crime in September 2022, the Economic Crime and Corporate Transparency Act 2023 was promulgated as one in a se..

Read More
Templars

Ghana Supreme Court Affirms Ghana as Arbitration Friendly Jurisdiction

On Wednesday, 21st February 2024, the Supreme Court of Ghana handed down a judgment in Unichem (Ghana) Limited and Anor versus Metropolis Healthcare (Mauritius) Limited and Metropolis Healthcare (Ghana) Ltd, unanimously upholding the decision of the Court of Appeal to ref..

Read More
Templars

The Contracts (Amendment) Act, 2023: Key Changes for Contracts with the Government of Ghana

The Parliament of Ghana passed the Contracts (Amendment) Act 2023 (Act 1114) in July 2023, to amend the Contracts Act, 1960 (Act 25) which has been in existence for the past sixty-four years. The Contracts Act primarily sets out third-party rights under contracts as well ..

Read More
Templars

Central Bank of Nigeria (CBN) New Minimum Capital Requirements for Banks

On 28 March 2024, the Central Bank of Nigeria revised the minimum capital requirements for banks aimed at strengthening the Nigerian financial system and actualizing the Nigerian Government’s objective to achieve a US$1 trillion economy in gross domestic product terms by ..

Read More
Templars

SEC Proposes New Amendments to its Rules on Issuance, Offering Platforms and Custody of Digital Assets

In the wake of the recent regulatory developments in the Nigerian market, the Securities and Exchange Commission  on 15 March 2024 published its proposed amendments to the existing SEC rules on issuance, offering platforms and custody of digital assets dated 11 May 2..

Read More
Templars

Navigating the Regulatory Landscape of Renewable Energy Investments in Ghana

The increasing demand for electricity in Ghana and the need to reduce greenhouse gas emissions has resulted in significant investments in renewable energy projects. In line with its commitment to sustainable development and the Paris Agreement, the Government of Ghana aim..

Read More
Templars

The Ghanaian Framework for Public-Private Partnerships

Ghana, like many other developing countries, faces significant infrastructure deficit that has long hindered its economic growth and development. Addressing Ghana's infrastructure challenges will require raising billions of dollars in annual expenditures. Recognizing the ..

Read More
Templars

NDPC Issues Guidance Notice for Data Protection Compliance Audit Returns Filing

The Nigeria Data Protection Commission (“NDPC/the Commission”) has published a Guidance Notice prescribing the formalities for the data protection compliance audit returns (“CAR”) filing and other pertinent compliance requirements for data controllers moving forward (the ..

Read More
Templars

Error of Law on the Face of the Award – the Arbitration and Mediation Act 2023 Comes to the Rescue

This publication by Templars Partner, Adewale Atake, SAN, and Senior Associate, Orji A. Uka, highlights the transformative provision in the AMA regarding recourse against arbitral awards. It focuses on the defence of “error of law on the face of the award” and its e..

Read More
1 2 3
Subscribe to our newsletter