--- title: Afriwise Blog | ǼLEX (3) description: (3) --- [![Afriwise](https://insights.afriwise.com/hubfs/Logos/Afriwise/Afriwise%20logo.svg)](https://afriwise.com/) - [Products](https://afriwise.com/law-products-africa/) - [Countries](https://afriwise.com/countries-covered/) - [About Afriwise](https://afriwise.com/about-afriwise/) - [Contact](https://afriwise.com/contact/) - [News](https://news.afriwise.com/) - [Insights](https://insights.afriwise.com/blog) [Schedule a demo](https://afriwise.com/contact/) [Log in](https://afriwise.com/login/) - [Products](https://afriwise.com/law-products-africa/) - [Countries](https://afriwise.com/countries-covered/) - [Solutions](https://afriwise.com/solutions/) - [About Afriwise](https://afriwise.com/about-afriwise/) - Insights - [Contact](https://afriwise.com/contact/) - [News](https://news.afriwise.com/) [Schedule a demo](https://afriwise.com/contact/) [Log in](https://afriwise.com/login/) # Welcome to Africa’s legal blog Never miss a beat on Africa's legal and regulatory landscape. - [Legislation (287)](https://insights.afriwise.com/blog/tag/legislation) - [South Africa (227)](https://insights.afriwise.com/blog/tag/south-africa) - [Nigeria (157)](https://insights.afriwise.com/blog/tag/nigeria) - [Kenya (151)](https://insights.afriwise.com/blog/tag/kenya) - [Financial Services (128)](https://insights.afriwise.com/blog/tag/financial-services) - [ICT (106)](https://insights.afriwise.com/blog/tag/ict) - [Tanzania (102)](https://insights.afriwise.com/blog/tag/tanzania) - [Regulation (87)](https://insights.afriwise.com/blog/tag/regulation) - [Corporate Commercial (84)](https://insights.afriwise.com/blog/tag/corporate-commercial) - [Tax (84)](https://insights.afriwise.com/blog/tag/tax) - [Case discussion (78)](https://insights.afriwise.com/blog/tag/case-discussion) - [Uganda (66)](https://insights.afriwise.com/blog/tag/uganda) - [Intellectual Property (58)](https://insights.afriwise.com/blog/tag/intellectual-property) - [Energy & Natural Resources (57)](https://insights.afriwise.com/blog/tag/energy-natural-resources) - [Ghana (55)](https://insights.afriwise.com/blog/tag/ghana) - [Employment and labour (52)](https://insights.afriwise.com/blog/tag/employment-and-labour) - [Data Protection (49)](https://insights.afriwise.com/blog/tag/data-protection) - [Mozambique (49)](https://insights.afriwise.com/blog/tag/mozambique) - [Commercial Crime (48)](https://insights.afriwise.com/blog/tag/commercial-crime) - [Competition/Antitrust (48)](https://insights.afriwise.com/blog/tag/competition-antitrust) - [Dispute Resolution (47)](https://insights.afriwise.com/blog/tag/dispute-resolution) - [Mauritius (46)](https://insights.afriwise.com/blog/tag/mauritius) - [Environment (44)](https://insights.afriwise.com/blog/tag/environment) - [Zambia (38)](https://insights.afriwise.com/blog/tag/zambia) - [Projects and Procurement (26)](https://insights.afriwise.com/blog/tag/projects-and-procurement) [Nigeria](https://insights.afriwise.com/blog/tag/nigeria) [Financial Services](https://insights.afriwise.com/blog/tag/financial-services) [ǼLEX](https://insights.afriwise.com/blog/author/ǽlex) ## [Pan African Payment and Settlement System Launch: a new dawn for cross border financial transactions in Africa](https://insights.afriwise.com/blog/pan-african-payment-and-settlement-system-launch-a-new-dawn-for-cross-border-financial-transactions-in-africa) On 13th January 2022, the Pan African Payment and Settlement System (PAPSS) platform was launched by the Africa Export-Import Bank (Afreximbank), in collaboration with African Union (AU) and African Continental Free Trade Area (AfCFTA). [Read More](https://insights.afriwise.com/blog/pan-african-payment-and-settlement-system-launch-a-new-dawn-for-cross-border-financial-transactions-in-africa) [AfCTA](https://insights.afriwise.com/blog/tag/afcta) [Payments](https://insights.afriwise.com/blog/tag/payments) [ǼLEX](https://insights.afriwise.com/blog/author/ǽlex) ## [AFCFTA – Settling and Clearing Payments in Africa through The Pan African Payment and Settlement System](https://insights.afriwise.com/blog/afcfta-settling-and-clearing-payments-in-africa-through-the-pan-african-payment-and-settlement-system) On 1 January 2021 , a new era began in Africa with the commencement of trade under the African Continental Free Trade Area (“AfCFTA”) regime. The AfCFTA seeks to create a single market for goods and services facilitated by movement of persons, liberalise markets in .. [Read More](https://insights.afriwise.com/blog/afcfta-settling-and-clearing-payments-in-africa-through-the-pan-african-payment-and-settlement-system) [Nigeria](https://insights.afriwise.com/blog/tag/nigeria) [Employment Law](https://insights.afriwise.com/blog/tag/employment-law) [ǼLEX](https://insights.afriwise.com/blog/author/ǽlex) ## [Contracts of Employment and Limitation Laws: is The National Industrial Court Rewriting the Law?](https://insights.afriwise.com/blog/contracts-of-employment-and-limitation-laws-is-the-national-industrial-court-rewriting-the-law) As a general principle, limitation laws apply to all civil actions. Consequently, once an action is caught by a limitation law, it cannot be sustained, and a court is divested of the jurisdiction to entertain it.   However recently, the National Indus.. [Read More](https://insights.afriwise.com/blog/contracts-of-employment-and-limitation-laws-is-the-national-industrial-court-rewriting-the-law) [Nigeria](https://insights.afriwise.com/blog/tag/nigeria) [Financial Services](https://insights.afriwise.com/blog/tag/financial-services) [Fintech](https://insights.afriwise.com/blog/tag/fintech) [ǼLEX](https://insights.afriwise.com/blog/author/ǽlex) ## [Requirements for dealing in Foreign Securities in Nigeria and the role of the Regulators](https://insights.afriwise.com/blog/requirements-for-dealing-in-foreign-securities-in-nigeria-and-the-role-of-the-regulators) There has been a lot of interest in the activities of investment technology companies (investment tech) as some of them have been utilising platforms offering securities of foreign companies to investors in Nigeria. However, these platforms have had to contend with .. [Read More](https://insights.afriwise.com/blog/requirements-for-dealing-in-foreign-securities-in-nigeria-and-the-role-of-the-regulators) [Nigeria](https://insights.afriwise.com/blog/tag/nigeria) [Contracts](https://insights.afriwise.com/blog/tag/contracts) [ǼLEX](https://insights.afriwise.com/blog/author/ǽlex) ## [Wrongfully Suspending Performance of a Construction Contract – When a Contractor Will Not Be Liable for Repudiatory Breach](https://insights.afriwise.com/blog/wrongfully-suspending-performance-of-a-construction-contract-when-a-contractor-will-not-be-liable-for-repudiatory-breach) Non-payment in construction projects could be extremely frustrating for the contractor. The contractor’s frustration is further heightened where the contract.. [Read More](https://insights.afriwise.com/blog/wrongfully-suspending-performance-of-a-construction-contract-when-a-contractor-will-not-be-liable-for-repudiatory-breach) [Nigeria](https://insights.afriwise.com/blog/tag/nigeria) [Energy](https://insights.afriwise.com/blog/tag/energy) [Project Finance](https://insights.afriwise.com/blog/tag/project-finance) [ǼLEX](https://insights.afriwise.com/blog/author/ǽlex) ## [Investing in Marginal Fields: Key Considerations for Financiers](https://insights.afriwise.com/blog/investing-in-marginal-fields-key-considerations-for-financiers) It is no longer news that the winners of the ‘2021 Marginal Field’ bid round (hereinafter referred to as grantee(s)) have emerged. As grantees and potential financiers contemplate how to raise capital and the means of raising capital for the development of each field, the.. [Read More](https://insights.afriwise.com/blog/investing-in-marginal-fields-key-considerations-for-financiers) [Business Structures](https://insights.afriwise.com/blog/tag/business-structures) [Corporate Commercial](https://insights.afriwise.com/blog/tag/corporate-commercial) [Ghana](https://insights.afriwise.com/blog/tag/ghana) [ǼLEX](https://insights.afriwise.com/blog/author/ǽlex) ## [Appointment of Directors in Ghana: The New Regime](https://insights.afriwise.com/blog/appointment-of-directors-in-ghana-the-new-regime) Directors have a fiduciary duty to their companies as they hold positions of trust and confidence and as a result,  have an obligation to act in good faith and in the company’s best interests.   Ghana’s new Companies Act (Act 992) introduces prov.. [Read More](https://insights.afriwise.com/blog/appointment-of-directors-in-ghana-the-new-regime) [Previous](https://insights.afriwise.com/blog/author/ǽlex/page/2) [1](https://insights.afriwise.com/blog/author/ǽlex/page/1) [2](https://insights.afriwise.com/blog/author/ǽlex/page/2) [3](https://insights.afriwise.com/blog/author/ǽlex/page/3) Subscribe to our newsletter - [Home](https://afriwise.com/) - [Products](https://afriwise.com/law-products-africa/) - [Countries](https://afriwise.com/countries-covered/) - [Solutions](https://afriwise.com/solutions/) - [About Afriwise](https://afriwise.com/about-afriwise/) - [FAQ](https://afriwise.com/faq/) - [News](https://news.afriwise.com/) - [Contact](https://afriwise.com/contact/) [Privacy Policy](https://afriwise.com/contact/) [Terms of Use](https://afriwise.com/contact/) [info@afriwise.com](mailto:info@afriwise.com) +32 2 808 92 74 © Afriwise N.V. 2026