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

N. Dowuona & Company

Ghana's New Insurance Act, 2021 (Act 1061)

Parliament recently passed the Insurance Act, 2021 (Act 1061) to replace the Insurance Act, 2006 (Act 724) and to provide for the regulation and supervision of the insurance market. Act 1061 creates three main..

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Pavestones

eNaira - The Future of Digital Currency in Nigeria?

On the 5th day of February 2021, the Central Bank of Nigeria (“CBN”) instructed banks and other financial institutions to refrain from dealing with cryptocurrency (a digital currency) and facilitating payment for cryptocurrency exchan..

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ǼLEX

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 pla..

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N. Dowuona & Company

A Digitized Ghana - New Technologies and Innovation

The past year has been a year of exciting initiatives for Ghana’s digital infrastructure. The Government has adopted digitization as a key policy objective and has recently introduced a number of programs designed to develop a more di..

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Goldsmiths Solicitors

The New Central Bank of Nigeria Regulatory Framework and Guidelines for Mobile Money Services in Nigeria

On 9th July 2021, the Central Bank of Nigeria (CBN) released a single-document circular, setting out the framework and guidelines for the operations of Mobile Money Services in Nigeria (the Guidelines and ..

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Clyde & Co.

Banking in Tanzania: New Measures to Promote Credit to the Private Sector

The Bank of Tanzania has recently issued a public notice on the policy measures to promote credit to the private sector and lower interest rat..

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MawereSibanda

Analysing the Pensions and Provident Funds Bill against the Current Challenges in the Insurance and Pensions Sectors

The Pensions and Provident Funds Act [24:09] has been in force since 1st July 1976. Throughout the course of time, the Insurance industry has seen dynamic changes financ..

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