Finance Law and Banking Law

When a company enters receivership, control typically shifts to the receiver—but what happens when the very basis of that control is challenged?

The activation of Nigeria's Cabotage Vessel Financing Fund in 2026 presents unprecedented opportunities for indigenous shipowners, but also significant recovery challenges for lending institutions.

South Africa's Market Practitioners Group has formally endorsed the development of Term ZARONIA, a forward-looking reference rate designed to replace JIBAR before its year-end 2026 discontinuation.

After seven years of silence on Ghana's equity capital market, three major IPOs have emerged in six months, raising over GHS 2.1 billion and signaling renewed investor confidence. Drawing on direct advisory experience with First Atlantic Bank, ZEN Petroleum, and Kasapreko, this analysis examines what drove these transactions, how they were structured, and what they reveal about the future of Ghana's public markets.

Kenya has made a significant stride in reforming the capital markets licensing framework by enacting the Capital Markets (Licensing Requirements) (General) Regulations, 2025 (the “2025 Regulations”)...

The first quarter of 2026 brought transformative changes to Nigeria's financial sector through overlapping recapitalization programmes, heightened regulatory oversight, and rapid fintech evolution. This comprehensive review examines how strategic consolidation, capital realignment, and regulatory reforms across banking, insurance, pensions, and capital markets are collectively driving structural shifts toward enhanced governance frameworks and improved systemic resilience.

South Africa has received sovereign credit rating upgrades from both Fitch and S&P Global in 2025-2026, marking the country's first upgrades in nearly 21 years.

The age of automated decision-making ("ADM") has arrived in Nigeria. Banks and fintech platforms deploy credit-scoring models to determine lending outcomes, and public institutions increasingly rely on data-driven systems in the exercise of statutory functions.

The European Commission has adopted new rules standardizing the format and content of prospectuses under the EU's Prospectus Regulation, introducing significant changes for debt capital markets including enhanced ESG disclosure requirements and reduced financial statement obligations. These amendments form part of the broader Listing Act package aimed at making EU public capital markets more attractive while streamlining compliance processes for smaller companies seeking to list.

The EU Listing Act package introduces sweeping reforms to prospectus requirements, market abuse regulations, and investment research frameworks, with a critical implementation deadline of June 2026. How will these changes affect disclosure obligations for ESG bonds, delayed disclosure regimes, and issuer-sponsored research? As Member States finalize transposition and Level 2 measures remain outstanding, market participants face both opportunities for reduced administrative burdens and challenges in navigati

South Africa's Market Practitioners Group has formally endorsed the development of Term ZARONIA, a forward-looking reference rate designed to replace JIBAR before its year-end 2026 discontinuation.

The European Central Bank has articulated a comprehensive vision for the EU's digital finance architecture, positioning deeper financial integration as essential for Europe's economic future. This analysis examines the ECB's technical stance on the Market Integration and Supervision Package, which proposes to transfer significant supervisory powers to ESMA while addressing persistent gaps in cross-border capital allocation.