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

Clyde & Co.

The Amendments to the Tanzania Carbon Trading Regulations, 2023

In 2022, the Government of Tanzania made a formal step towards the inclusion and promotion of carbon trading in Tanzania by issuing the Environmental Management (Control and Management of Carbon Trading Mechanisms) Regulations, Government Notice Number (G.N No.) 636 of 20..

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Muvingi Mugadza

New Investment Regulations In Zimbabwe

The facilitation of investment and any matters related to investment in Zimbabwe are generally governed by the Zimbabwe Investment and Development Agency [Chapter 14:38]. Zimbabwe Investment and Development Agency (‘the Agency’) which was established by t..

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Clyde & Co.

The Capital Markets and Securities (Corporate and Subnational Sukuk Bonds) Regulations, 2023

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..

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Bloomfield

Nigeria | Mandatory Expatriate Quota Returns Submission Through The Federal Ministry Of Interior Ecitibiz Website

The Nigerian Federal Ministry of Interior (‘FMI’) has mandated that all companies holding expatriate quota positions file their monthly returns through the FMI’s Official Website (e-CITIBIZ) effective November 8, 2023.

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Clyde & Co.

The Capital Markets and Securities (Investment-Based Crowdfunding) Guidelines, 2023

This article aims to highlight key changes brought forth by the Capital Markets and Securities (Investment - Based Crowdfunding) Guidelines (the Guidelines). The Guidelines came into force through Government Notice No. 732 of 2023 published on 13 October 2023, and apply t..

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MDR Advogados

Registration of Virtual Asset Service Providers before the Mozambique Central Bank

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..

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Clyde & Co.

Tanzania: The Foreign Exchange (Bureau de Change) Regulations, 2023

In this legal update, we discuss key highlights of the Foreign Exchange (Bureau de Change) Regulations of 2023 (the 2023 Regulations), which came into force on 6 October 2023 and revokes the Foreign Exchange (Bureau de Change) Regulations of 2019 (the 2019 Regulations). A..

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Mulenga Mundashi

Zambia takes pioneering steps: The Green Loans Guidelines, 2023

Zambia has joined the select group of African nations taking early initiatives to explore innovative green financing methods for funding projects focused on adaptation and sustainable development. On 29 September 2023, Zambia’s Minister of Finance and National Plann..

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Webber Wentzel

Open Finance: Compulsory information request for all financial institutions and fintechs

In June 2023, the Financial Sector Conduct Authority (FSCA) published a draft Position Paper on Open Finance (Draft Position Paper) which builds on the FSCA's initial assessment of the Open Finance landscape published in its 2020 Consultation and Research Paper on R..

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