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Legal and Regulatory

Import Duty Free Items

Comprehensive List of Import Duty Free Items and Goods in Nigeria

Nigeria provides import duty waivers on certain goods and items across various sectors of the ...

  • 11 July 2024
  • Business
Unicorn Startups

Nigeria Becomes Home to Africa’s Highest Number of Unicorn Startups in 2024

Nigeria leads Africa in unicorn startups, showcasing a robust tech ecosystem and innovation-driven economy. Discover ...
  • 5 February 2024
  • Business
Banking Regulations

Central Bank of Nigeria Approves Open Banking Regulations, Paving Way for Fintech Growth 

The Central Bank of Nigeria has introduced open banking regulations, paving the way for increased ...
  • 30 October 2023
  • Business
Cocoa Prices

Côte d’Ivoire Cocoa Sector Embraces New Sustainability Initiatives for Environmental Protection

Côte d'Ivoire launches sustainability initiatives to enhance cocoa production and preserve forests. Learn about the ...
  • 30 October 2023
  • Business
Regulatory Framework

Ivory Coast’s New Regulatory Framework Sets Bank Compliance Standards

Ivory Coast announces a new regulatory framework on October 24, 2023, enhancing compliance standards for ...
  • 24 October 2023
  • Business
Intellectual Property

Navigating Intellectual Property Rights in African Markets

In an increasingly globalized economy, intellectual property (IP) rights play a pivotal role in safeguarding ...

  • 15 October 2023
  • Legal and Regulatory
Digital Economy

New Senegal Public-Private Partnership Aims to Strengthen Digital Economy Infrastructure

A new public-private partnership in Senegal will bolster digital economy infrastructure, aiming to expand internet ...
  • 8 September 2023
  • Business
Environmental Regulations and Their Impact on Business in Africa

Environmental Regulations and Their Impact on Business in Africa

As global awareness of environmental issues grows, African businesses face increasing pressure to comply with ...

  • 15 April 2023
  • Legal and Regulatory
A former Kenyan permanent representative to the UN has expressed his disapproval of a recent statement from the US government regarding governance issues, even though the Kenyan administration largely concurs with its sentiments. The focus of the discussion pertains to the ongoing vetting process for nominated Cabinet secretaries, particularly those alleged to have integrity concerns. The US Embassy issued a statement urging Kenyan MPs to reject nominees with compromised integrity, following protests that led President William Ruto to dismiss his entire Cabinet. “As Kenyans prepare for the vetting of Cabinet nominees starting today, we acknowledge the importance of integrity in public service and the National Assembly’s crucial role in enforcing Chapter Six of Kenya’s Constitution,” the Embassy stated on August 1, without naming specific individuals. However, Martin Kimani, who served as Kenya’s permanent representative to the UN until April, viewed the US comments as unwelcome lecturing. He suggested that this criticism distracts from America's own shortcomings on the global stage, citing issues like the ongoing conflict in Gaza where a ceasefire remains elusive. “Since my former colleagues at the Ministry of Foreign Affairs are bound by diplomatic norms, I’ll address this unwarranted lecture from a US grappling with political violence and declining trust in its electoral systems,” Dr. Kimani, now at a think tank in New York, wrote on X. “Less lecturing, more focus on renewing US democracy, and achieving a ceasefire in Gaza.” On the following day, the Kenyan government opted not to publicly rebut the US Embassy’s remarks, despite agreeing on the importance of prioritizing integrity. Dr. Korir Sing’oei, Kenya’s Principal Secretary for Foreign Affairs, stated, “The statement reflects a view shared by many Kenyans and aligns with our Constitution. We have no serious issue with it.” The decision to dissolve the Cabinet was largely influenced by pressure from youth protesters, who initially demanded the withdrawal of a controversial finance bill. The US government had initially refrained from commenting on the protests but later warned Nairobi against using excessive force and emphasized the need to respect civil liberties. The new Cabinet nominees include some opposition figures, as well as individuals facing legal challenges over alleged misappropriation of funds. Critics pointed out that the US found itself in a delicate position as protests erupted in June, suggesting it had overlooked the controversial tax laws being proposed by Nairobi. Kenya ex-envoy lays into US over integrity call as Nairobi sees, hears no evil

Kenya ex-envoy lays into US over integrity call as Nairobi sees, hears no evil

A former Kenyan permanent representative to the UN has expressed his disapproval of a recent ...

  • 22 March 2022
  • Kenya
Nigeria Fines Meta $220 Million for Data Privacy Violations

Nigeria Fines Meta $220 Million for Data Privacy Violations

Nigeria has imposed a hefty $220 million fine on Meta Platforms, the parent company of ...

  • 6 March 2022
  • Legal and Regulatory
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Today in History

November 15th is the day in 1791 that the first U.S Catholic college, Georgetown University, opens its doors.

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