Never miss a beat on Africa's legal and regulatory landscape.
The Capital Markets (Investment-Based Crowdfunding) Regulations, 2022 (the “Regulations”) have been gazetted. The Regulations enable start-ups and growing businesses to raise money from individuals or entities to either finance a project or business through crowdfunding p..
The growing and selling of cannabis for medical and research purposes became legal in Zimbabwe in 2018 after the government gave the green light to farmers and investors alike. This made Zimbabwe the second African state to do so.
The growing of med..
Over the past few years, Digital Money Lenders have become increasingly common in Nigeria, as traditional financial institutions have more stringent requirements for providing loans to customers.
South Africa is introducing new rules regarding the disclosure of beneficial ownership of assets as part of the measures to address its laws regarding anti-money laundering and the combatting of terrorism financing.
According to the Economic Survey Report of 2022[1], the value of output from the Information and Communication Technology (ICT) Sector rose by 6.9% from USD 4...
Cybersecurity has increasingly become necessary to protect industries and governments from cyberattacks, theft, damage and to prevent disruption to businesses. Cybersecurity regulation delineates the type of control an organisation must deploy to protect itself and its cu..
By a Circular dated 7th March 2023, the Central Bank of Nigeria (CBN) released the “Operational Guidelines for Open Banking in Nigeria” (‘the Guidelines’). The Guidelines set out rules for sharing the data/information of customers between part..
On the 24th of February 2023, The Central Bank of Nigeria (CBN) issued a circular announcing changes to the tenure of executive and non-executive directors in the Nigerian banking industry.
On 24 February 2023, the Financial Action Task Force placed South Africa on its ‘grey list’. This means that South Africa will be subject to increased monitoring by the FATF and is required to actively work to address identified deficiencies in its national legislation an..
