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On 1 September 2023, the Minister for Industry and Trade (the Minister) issued the Business Licensing Regulations, 2023 (the New Regulations), vide the Government Notice No. 626 of 2023.

The regulator of the Nigerian financial system, the Central Bank of Nigeria (“CBN”), on June 20, 2023, issued the Customer Due Diligence Regulations (“Regulations”). This is ostensibly as a reaction to Nigeria being name-checked by the Financial Action Task Force (“FATF”)..

Section 119 of the Companies and Allied Matters Act (“CAMA”) 2020, in conjunction with the Persons with Significant Control Regulations (“PSC Regulations”) 2022, requires companies, Limited Liability Partnerships (“LLPs”), and by extension, foreign exempted companies unde..

In a significant development, the Foreign Exchange Regulations, initially published in May 2022, have undergone crucial amendments through the Foreign Exchange (Amendment) Regulations, 2023, published on 1 September 2023 via Government Notice ..

On 22 August 2023, the Ministry of Information, Communications, and the Digital Economy published in the Kenya Gazette an amendment to the National Information Communications and Technology Policy Guidelines, 2020 (the 2020 ICT Policy) which required companies to ha..

Kenya’s ICT sector is set to receive a major boost  following the recent removal of mandatory local shareholding requirements by the Cabinet Secretary for Information, Communications, and Digital  Economy. The move is aimed at enhancing the country's digital eco..

In a bid to bolster domestic investments and promote economic growth, the Government of Tanzania (the GoT) recently revoked the Tanzania Investment Regulations, 2002 (the TIR) and enacted the Tanzania Investment Regulations GN No. 477 of 2023 (the New Investment Reg..

The Mining (Corporate Social Responsibility) Regulations, 2023 (the Regulations) were published on 23 June 2023 by the Minister of minerals under Government Notice Number 409 of 2023. These Regulations have been introduced to ensure the proper and timely implementation of co..

The Minister of Finance, in terms of the Financial Sector Regulation Act, 2017 (FSRA), published the draft Deposit Insurance Regulations on 4 July 2023 (Draft Regulations), accompanied by a statement of need, and a notice inviting writte..