Africa tech start-up boom is creating opportunities for law firms
Tech start-ups is a hot topic in Africa, and the growing innovation culture is giving rise to a proliferation of apps and digital platforms that are attracting seed funding. This year alone, by mid August, 303 African tech start-ups had raised just over $1 billion, up 69% on 2020 figures, according to a report by […]
Technology Media And Telecommunications Africa Quarterly E Bulletin
This e-bulletin highlights key legislative and regulatory developments in the technology, media and telecommunications sectors in sub-Saharan Africa. This issue covers the period 16 October 2020 to 15 January 2021 includes developments from Botswana, Ethiopia, Gambia, Ghana, Kenya, Lesotho, Mauritius, Malawi, Namibia, Nigeria, Rwanda, South Africa, Tanzania, Uganda, Zambia and Zimbabwe. Botswana Type Approval Verification […]
Ugandan member secures first money remittance license in Africa
Katende, Ssempebwa & Co Advocates [“KATS”] has successfully advised BT Payment Services, a Fintech- digital- money remittance services provider on the licensing of its operations in Uganda by the Bank of Uganda. BT Payments Services Limited, a Ugandan financial technology company with roots in Kenya provides a secure web-based money remittance option that allows the […]
A law for Fintech companies within the CEMAC zone
In the 12 months to 31 December 2018, the electronic money transactions in the Central African Economic and Monetary Community (the CEMAC zone) accounted for 572,362,635 transactions valued at XAF 8,296,166,023,386 (or over US$14bn). During the course 2017 the number of financial transactions in electronic money increased to from 303m to 572m, reflecting the rapid […]
Blockchain, Cryptocurrencies and the law in Uganda
The Internet continues to spawn new technologies that change the way people interact with their environment in significant ways, in areas as diverse as social relations, the way business is done, and economies. One such change is “blockchain”, a revolutionary technology that allows parties to transact directly with each other without the need for intermediaries, […]
