On April 4, 2025, representatives from 52 African countries gathered in Kigali, Rwanda, for the Global AI Summit for Africa. This historic event marked the signing of the Africa Declaration on Artificial Intelligence (the Declaration), a significant step forward for the continent in embracing the AI revolution. Despite public scepticism of superintelligence, African nations
Competition Regulators across Africa are increasingly investigating and prosecuting companies involved in contraventions of competition legislation. Compliance with the various regulatory regimes can be challenging but can be managed.
Here are six things to know about recent Competition Law enforcement in Africa:
1. Tanzania: Even less than 10% shareholding acquisition could trigger merger notification
On
There have been a number of important developments in competition law across Africa over the past few years. An increasing number of African countries have implemented merger notification regimes. Firms that wish to acquire businesses or expand their operations in Africa should be mindful that their transactions may require approval from regulator/s in the country/ies
Africa’s largely untapped specialty lines insurance market has significant opportunities for insurers willing to enter the region. As the market develops, more difficult and unusual risks will be written.
Regulations which vary by country must be considered. For example, placing insurance with a locally licensed insurer is often a requirement or a percentage of the
Increasing enforcement of anti-bribery and corruption regulations and an increased focus on compliance have made a pre-acquisition compliance due diligence a common feature of cross-border M&A transactions in Africa and elsewhere. Many experienced transaction attorneys and dealmakers will be aware of the limits of even the most thorough due diligence. This has led to concerns
The introduction of the Mauritius Limited Partnership Act in late 2011 marked a further development in that country’s strong investment framework offering. It has taken time for the partnership structure to take off, but recently there has been a move towards using the limited partnership as a vehicle for alternative investment funds looking to invest
Africa’s diversity is reflected in its legal systems. The following legal curiosities give a taste of what makes the continent such an interesting, and sometimes challenging, place to transact.
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