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Limits for local and foreign currency in Angola

The Regulation 1/2016 of the Angolan central bank (“BNA”) entered into force last 12th April,  in view of regulating the conditions for entrance and exit of local and foreign currency in Angola either by residents or non-residents. In relation to entrance and exit of foreign currency, residents are allowed to carry with them an amount […]

Regulating the Mozambican state business sector

On 29th August 2017, the Council of Ministers (“CM”) held its 30th Ordinary Session in which it has reviewed and approved a Bill establishing the Principles and Rules Applicable to the State Business Sector (“Bill”). The fundamental principles and systematic of the Bill were discussed and approved by the Parliament on 21 March 2018, and […]

LEX Africa launches its Annual Guide to Doing Business in Africa

Notwithstanding the effect of current low oil and commodity prices, Africa still offers opportunities for local and foreign investors.  Challenges remain but with proper planning and appropriate legal advice, risks can be managed and minimised to ensure a profitable investment.  The LEX Africa Guide to Business aims to give you a better understanding of the […]

LEX Africa publishes its 2015 African Business Guide

Africa Update

LEX Africa’s annual business guide has become a useful and popular reference for clients, business, media and others interested in Africa. The 2015 Guide has just been published and covers 22 African countries, Angola, Botswana, Burkina Faso, Democratic Republic of the Congo, Ghana, Kenya, Lesotho, Malawi, Mali, Mauritius, Mozambique, Namibia, Nigeria, Reunion, Senegal, South Africa, […]

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