16 Mar 2023: Cryptocurrencies in Africa, News on Namibia's Petroleum Industry and More on Fraudulent Immovable Property Transfers in South Africa.
Sub-Saharan Africa?- by Bowmans?
Africa Guide to Cryptocurrencies
Although regulators around the world remain sceptical about recognising virtual currencies as legal tender, cryptocurrencies are already an established phenomenon and are here to stay. In Africa, the acceptance of these currencies has varied from jurisdiction to jurisdiction, but there is a general trend towards regulating their use. Of recent, there have been positive signs in countries such as Kenya, Mauritius, South Africa, Tanzania, Uganda and Zambia.??Continue reading.
Namibia - by ENSafrica
Namibia's petroleum industry heats up with new oil discovery and investment opportunities
The announcement of the third oil discovery made in the offshore orange basin by Shell Namibia, Qatar Energy, and Total Energies brought Namibia's petroleum industry back into the limelight.?Continue reading.
South Africa - by Cliffe Dekker Hofmeyr?
Fraudulent immovable property transfers: Fraud unravels all
The recent judgment handed down by Judge Adams in?Botha NO v Leboko-Radebe and Others?(16835/2021) [2022] ZAGPJHC 724 (22 September 2022), in the High Court Gauteng Division, Johannesburg, considered whether fraud should result in the cancellation of a title deed relating to immovable property.???Continue reading.
Tanzania
Latest data released by the Tanzania Investment Centre (TIC) shows that in February, a total of 41 projects were registered across the country, representing a 128% increase compared to 18 projects registered in February 2022.
Cameroon?
Japan?commits 1.3 billion FCFA ($2.1m) to the reconstruction of the north-west and south-west regions, which have been devastated by the?Anglophone Crisis.?
The DRC
Commission Electorale Nationale Indépendante (CENI) president Denis Kadima Kazadi meets with a delegation from Germany-based Interparliamentary Friendship Group for Central Africa, led by its president, Jürgen Cobe, who are interested in technically supporting the electoral process in the DRC.?