Absa Kenya lost its CEO to I&M Bank the same day the tender offer launched. Absa Group has launched a KES 30.6 billion (USD 238) million tender offer to acquire an additional 16.5% in Absa Bank Kenya.

While the two countries have successfully exited, South Sudan and Cameroon have been singled out for falling short in their progress. The Financial Action Task Force (FATF) has removed Algeria and ...

Two lawyers are among the panel entrusted with reviewing South Africa’s troubled National AI Policy. The South African government has confirmed the withdrawal of its National AI Policy, while a ...

South Africa’s High Court has defined Bitcoin as ‘money’ and ‘capital’, clearing the way for the country’s central bank to regulate the export of cryptocurrency. The Gauteng Division of the South ...

A dispute over the control of bauxite mining and aluminium production in Guinea has been successfully settled. A settlement has been reached in the dispute between the government of Guinea and the Abu ...

The South African banking giant will not challenge the UK financial regulator’s GBP 7.5 billion redress scheme to compensate motor finance customers, despite labelling the scheme ‘unfair and ...

Pinsent Masons and Webber Wentzel have appointed new partners at their offices in Johannesburg and Cape Town. Pinsent Masons’ international partner promotions, announced on 31 March, included two ...

The global commodities behemoth has contracted to purchase as-yet unmined gold from Ghana’s Bogoso-Prestea mine, alongside its provision of a multimillion-dollar debt facility to mine owner Heath ...

Melene Rossouw, founder of the Women Lead Movement, calls for legal authority figures in Africa to do more to make leadership positions open to female lawyers. As Africa reshapes its legal and ...

Lawyers and legal experts called for more action to improve diversity within the arbitration sector. Leading legal figures have used the opening of Paris Arbitration Week (PAW) to speak out in favour ...

Niger’s government cites broken promises as the basis for rescinding three mining concession contracts. The government of Niger has announced the revocation of three gold mining and refining licences ...

A ruling which unfroze a customer’s bank account clarified banks’ powers to act on suspicious financial activity. The High Court of Uganda has reaffirmed the limits on a bank’s power to freeze a ...