Never miss a beat on Africa's legal and regulatory landscape.
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 ..
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..
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..
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 ..
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 ..
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..
Ghana’s mining sector ranked 6th globally in gold production and held the position of Africa’s top producer from 2018 to 2021. The industry significantly contributes to the country’s GDP, attracts foreign investment, and acts as a primary tax source. The transition from s..
On 12 June 2023, President Bola Ahmed Tinubu signed the Evidence (Amendment) Act 2023 into law (“the Act” or “Amendment Act”). The Act does not repeal the Evidence Act 2011 (“the Principal Act”) but introduces key innovations to bring the Principal Act in line with global..
This designation indicates increased monitoring by FATF as both countries actively work to address strategic deficiencies in combating money laundering, terrorist financing, and proliferation financing.
