Africa: Finance and Banking

The Companies Act 71 of 2008 (the Companies Act) has brought about a unique change in business methods.

ENS acted on behalf of Investec Bank Limited in an application for summary judgment against a defendant where the defendant had stood surety for the debts of certain companies.

With the introduction of business rescue by the new Companies Act (which came into effect on 1 May this year), a company director is obligated to either pass a resolution for business rescue or for liquidation, as soon as he or she becomes aware that the company is trading in a financially distressed situation or notify all stakeholders of the basis for not doing so.

The National Budget builds on three pillars namely, economic renewal, fiscal consolidation and a new social order. Through the National Budget, the Mauritian Government ambitions to foster economic growth...

Nigeria's financial system is skewed towards short-term financing, making it difficult to obtain long-term funds for project and infrastructural development. Infrastructure includes...

It is estimated that the country will require over $3 billion annually for the next 30 years to effectively close this gap and meet development goals.

On Tuesday, August 5, 2025, the Nigerian President, Bola Ahmed Tinubu signed into law the Nigerian Insurance Industry Reform Act (NIIRA or the "Act") 2025.

In this article, Simisola Eyisanmi and Bankole Oke explore the recapitalisation strategies available to BDCs, from equity and debt financing to mergers and retained earnings, within the context of Nigeria's evolving capital market.

The Central Bank of Nigeria ("CBN"), being the country's apex bank and the regulator of the banking sector, has as one of its key objectives to promote a sound financial system.

If the interest in an engine installed in an airframe is held by a person other than the person who holds interest in the airframe, the risk of title annexation does exist...

Lending transactions are at the heart of modern banking and commerce, and in Ghana, these transactions are shaped by a combination of statutory law...

The Corporate Affairs Commission (the "CAC") has issued a new schedule of fees (the "Revised Schedule"), superseding the previous regime that governed the cost of incorporation...