Never miss a beat on Africa's legal and regulatory landscape.
Historically low interest rates, significant dry powder, and investors’ persistent hunt for yield have propelled the growth of the fund finance market. As we look ahead, 2024 is expected to continue witnessing this impressive growth trajectory, underpinned by a surge in d..
As of January 2024, the Bank of Tanzania (BOT) has made a significant shift in its monetary policy framework, transitioning from a focus on the quantity of money (monetary aggregates) to an interest rate-based approach.
The Fintech and Innovation office of the Bank of Ghana ("BoG"), in August 2022, launched a regulatory and innovation sandbox pilot (the “Regulatory Sandbox”) in response to requests for innovation in the banking and financial services sector.
Amidst the festive cheer, the Central Bank of Nigeria unwrapped a special present. A game-changing Guidelines on the operation of Bank Accounts for ‘Virtual Assets Service Providers’.
In a notable development, the Central Bank of Nigeria (CBN) reversed its stance on cryptocurrency transactions on December 22nd, 2023, by issuing the “Guidelines on Operations of Bank Accounts for Virtual Assets Service Providers (VASPs).” This decision marks the cessatio..
As the African Continental Free Trade Agreement (AfCFTA) advances through various negotiation phases, several stakeholders have introduced operational tools to facilitate its implementation. One of these tools is the Pan-African Payment and Settlement System (PAPSS), whic..
The regulations aim to regulate and provide guidance for Sukuk business operations in the United Republic of Tanzania, including supervisory mechanisms, operational standards, and disclosure requirements, with the broader goal of diversifying alternative financing product..
It was recently published the Notice no. 4/GBM/2023, of 14 September (Notice), which approves the legal framework applicable to the registration of virtual asset service providers before the Mozambique Central Bank (Banco de Moçambique). This Notice, aims to com..
Notable changes have been brought to the Securities (Preferential Offer) Rules 2017 (the Rules) by the Financial Services Commission (FSC), published on 16 October 2023 that you should be aware of.
