Navigating Uganda's New Competition Landscape, Green Bonds: A Key Tool in Ghana's SDG Strategy, & More on SA Boosting Development & Finance in W&S
Afriwise Insights
Navigating Uganda's New Competition Landscape
Uganda’s Competition Act, which was signed into law in February this year, brings about big change for the country, establishing a robust framework that seeks to promote and sustain fair competition in the market and prevent practices that may have an adverse effect on competition.
In our upcoming webinar, we're speaking to experts from ENS Africa to discuss the new law, the arduous journey for Uganda to get here, who will be significantly impacted, and what we can expect to happen next.
Don't miss this critical conversation, where we'll be discussing:
Selected Articles
Ghana - Templars
Green Bonds: Key Regulatory Considerations
Green Bonds have become a key tool in Ghana’s strategy to meet its Sustainable Development Goals and address climate change. In March 2024, the Securities and Exchange Commission introduced guidelines for issuing Green Bonds, ensuring compliance with international standards. These bonds finance projects like renewable energy, pollution control, and biodiversity conservation. Continue reading
South Africa - Webber Wentzel
President Ramaphosa Approves New Water Resources Infrastructure Agency Bill: Boosting Development and Finance in Water and Sanitation
As South Africa faces an intensifying water crisis, government is placing the spotlight on the water and sanitation sector by shifting from the "business as usual" approach to unlock innovative funding for increased water infrastructure development. On Tuesday, 27 August 2024, President Cyril Ramaphosa approved the South African National Water Resources Infrastructure Agency SOC Limited Bill. The Bill is aimed at establishing the South African National Water Resources Infrastructure Agency as a Schedule 2 major public entity in terms of the Public Finance Management Act, 2000.? The Bill also provides that the Agency should be incorporated as a company in terms of the Companies Act, 2008. Continue reading
Nigeria - Banwo & Ighodalo
Registration Deadline for Data Controllers and Data Processors of Major Importance
The Nigeria Data Protection Commission has extended the registration deadline for organizations that are required by law to register as data controllers and data processors of major importance. The new registration deadline is September 30, 2024. Section 44 of the Nigeria Data Protection Act, 2023 mandates designated entities to register with the NDPC. The recent extension provides additional time for eligible organizations to comply with the registration requirements and to ensure that all necessary data protection measures are properly implemented. Continue reading
by Africa Risk Consulting (ARC)
Uganda
World Bank?and?French?development agency?Agence fran?aise de développement (ADF)?give Uganda $600m for infrastructure development and waste management.
Mozambique
National energy company?Empresa Nacional de Hidrocarbonetos (ENH)?says the onshore?Búzi?block in?Sofala?Province?may begin producing natural gas as early as 2026.
Nigeria
President?Bola Tinubu?meets with?China’s President?Xi Jinping?who says he will encourage more powerful companies to invest in Nigeria.