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

B&P Associates

Digitalizing Crowdfunding In Ghana- A Quick Glance At Ghana’s Crowdfunding Policy

In recent times, our physical and digital streets are filled with people advertising a variety of charitable campaigns in attempts at raising various sums of money for different causes including medical treatment, educational support, natural disaster relief and even fune..

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ENSafrica

Buy now pay later: A different kind of credit

In the past, when a consumer wanted to purchase a product on credit, they only had two options: they could either purchase the product using their credit card or buy the product through a lay-by option, the latter being the least preferred.

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Miranda Alliance

New rules on opening, operation and closure of bank accounts

Order No. 1/23, of 30 January, of the National Bank of Angola approved new rules for the opening, maintenance, operation and closure of bank accounts by natural and legal persons.

 

From the now applicable regime we highlight the f..

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Bowmans

Zambia: New insurance law takes effect

On 23 December 2022, the long-awaited Insurance Act, 2021 (new Act) came into force following the issuance of Commencement Order No. 83 of 2022 by the Minister of Finance and National Planning, Dr Situmbeko Musokotwane.

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Moira Mukuka Legal Practitioners

Regulation of Fintech in Zambia – A Legal Guide

Fintech in Zambia is governed by various pieces of legislation, depending on the type of financial service offered. There is no single piece of legislation that governs the entire fintech industry. Generally, fintech is governed by the same laws that govern traditional fi..

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Clyde & Co.

Prohibition of lending without a licence

In an effort to prohibit the lending of money without a licence, the Bank of Tanzania (the BoT), on 24 November 2022 published a notice (the Notice) prohibiting institutions, companies and individuals who are in the business of providing loans without a licence contrary t..

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Bowmans

Tanzania: The Banking and Financial Institutions (Financial Leasing) Regulations 2022

On 23 September 2022, the Governor of the Bank of Tanzania published the Banking and Financial Institutions (Financial Leasing) Regulations via Government Notice 575 of 2022revoking the Banking and Financial Institutions ..

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ALN

The Regulatory Framework for Fintechs in Uganda

The Parliament of Uganda passed the National Payment Systems Act (the Act) in 2020 and a year later, the National Payment Systems Regulations 2021 (the Regulations) were passed to operationalise the Act. The objective of this regime is to cont..

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Webber Wentzel

FSCA declares crypto assets a financial product

The Financial Sector Conduct Authority has published the first of what will be a series of regulations to manage crypto assets and their providers. Following its initial proposal on 20 November 2020, the Financial Se..

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