On 26 May 2016, in a bold move toward cross-border cooperation, the competition authorities of eight members of the Southern African Development Community signed a memorandum of understanding (MoU).
Inside Africa blog
The impact of FOREX tightening on the economy and on global businesses: A focus on Nigeria and Zimbabwe
Since gaining independence from Great Britain in 1960, Nigeria, one of the ‘MINT’ economies, is often hailed as the emerging market to watch during the 21st century.
Morocco – a strategic financial hub in Africa
Morocco benefits from a good strategic geographic position and political stability, especially when compared with its neighbors in North Africa and the Middle East. This makes it an attractive jurisdiction.
“Dubai: Gateway to Africa”…
…was the catchy theme of the African Global Business Forum held last November in Dubai. Dubai is successfully positioning itself as the main international hub for trade with the African continent.
Zambia’s Fight To Boost Investment Incentives for mining
The current commodities cycle and related economic risks continue to contribute to suboptimal levels of investment in mining in Africa. Zambia proposes to boost investment incentives by changing its tax regime
Importing and exporting goods made easier: Receivables Financing in Africa
Obtaining conventional bank loans is still proving to be problematic for both foreign and local companies importing or exporting goods into or out of Africa.
Update on Zimbabwean indigenisation
The Zimbabwean Minister responsible for indigenisation published General Notice 9 of 2016, the “Frameworks, Procedures and Guidelines for Implementing the Indigenisation and Economic Empowerment Act".
Where is the diamond? A review of dispute credentials of Sub-Saharan Africa
This series will aim to locate the jewel in Africa’s crown. We focus on the enforcement of foreign arbitral awards, which is a key factor for investors considering potential markets in which to invest.
Uganda introduces Islamic Banking and Bancassurance
Driven by the need for a progressive and globally appealing financial sector Uganda recently enacted the Financial Institutions (Amendment) Act 2016 to amend the Financial Institutions Act 2004.
Mozambique farmers ready to reap the benefits of investment
African Development Bank (AfDB) announced that between 2016 and 2017 it hopes to triple the level of support it provides to Mozambique. This would mean funds of around US$1.7 billion earmarked for Mozambique.