23 June 2023: The Impact of Climate Change in Kenya, Trademarks Distinctiveness in Tanzania and More on the Nigeria Finance Act 2023

Kenya - by MMAN Advocates?

The Evolving Regulatory Landscape of Climate Change in Kenya

Climate change poses significant challenges to Kenya, impacting various sectors such as agriculture, water resources, health, and infrastructure. The country is vulnerable to droughts, floods, and extreme weather events, which have adverse effects on food security, water availability, and livelihoods. To address climate change effectively, Kenya requires coordinated efforts from multiple stakeholders, including government institutions, the civil society, communities, and the private sector. The country continues to work towards implementing climate change policies, developing resilient infrastructure, promoting sustainable agriculture, and enhancing climate change awareness and education.???Continue reading

Tanzania - by Clyde & Co.??

Intellectual property in Tanzania: Trade mark distinctiveness

Trade mark distinctiveness is a crucial element to consider when creating a strong brand identity for products or services. A strong trade mark has the potential to enhance a company's reputation and sway consumer choices. It is not just the marketing appeal that matters; the level of legal protection afforded to the trade mark is equally as important. Such protection may only be obtained where the trade mark is distinctive hence qualifying for registration pursuant to the provisions of the Trade and Service Marks Act No. 12 of 1986 (as amended).??Continue reading

Nigeria - by Udo Udoma & Belo-Osagie

An Overview of the Finance Act 2023

The Finance Act 2023 was signed into law by former President Muhammadu Buhari on 28 May 2023, prior to his leaving office. The Act takes effect from 28 May 2023, and it replaces the Finance Bill 2022, which had been circulated widely within the public domain. The Finance Act 2023 introduces some sweeping changes, such as the withdrawal of incentives, the introduction of a loss relief regime for the disposal of assets, and the inclusion of digital assets as chargeable assets for capital gains tax purposes....??Continue reading

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Botswana?

United States International Development Finance Corporation (DFC) will lead the country’s delegation to the US-Africa Business Summit in July, discussing themes including infrastructure, ICT, health, energy, mining, manufacturing and the creative.?

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Morocco?

Bank Al-Maghrib (BAM) (central bank) board announces that it will not raise interest rates, signaling a pause in its tightening cycle of monetary policy after three consecutive rate hikes totaling 150 basis points, and aims to maintain stability by keeping the key rate unchanged at 3%.?

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Zambia

African Minerals Development Centre programmes manager Mkhuli Ncube says Zambia is expected to host the African Gemstone Jewelry Exhibition and Conference from 10-14 July in Ndola, and will showcase Africa’s gemstone wealth.?

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The Africa Legal Awards shortlist is out, and Afriwise has been nominated (TWICE!)

We are thrilled to see Afriwise having been nominated for this year's Innovation Award and the Best Use of Technology Award.

Our AI-powered intelligent data warehouse for legal and regulatory data had already received great feedback from clients and the press.??We are grateful that it has now wowed the African Legal Awards jury as well!

The AI-powered legal monitoring model helps anyone active on the continent harness legal and regulatory data insights and meet the evolving expectations of clients for a simple, delightful, digital-first experience – something that has not been done before.

Winners will be announced on Sept., 1st.??

(If you don't want to wait until then to see what our innovation is about -- get in touch for a sneak preview.)