The coming into effect and promulgation of the African Continental Free Trade Area (AfCFTA) has ushered in a new and exciting era for the continent. AfCFTA aims to enhance intra-African trade by providing a complete and mutually beneficial trade agreement among Member States. It covers goods and services, investment, intellectual property rights and competition policy. On December 5, 2020, the African Union Assembly approved the start of trading under AfCFTA as of January 1, 2021.
Our lawyers work with many of Angola's leading technology companies, offering advice in a broad range of areas – from corporate transactions to IP protection, patent law, litigation, regulatory, compliance, employment and commercial issues.
We have consolidated experience in this sector, assisting our clients in new technology spaces. From startups to fast growing and mid-market businesses to mature global enterprises, our clients are companies that develop or create technology, are enabled by technology, or whose business model is fundamentally based on technology.
We advise technology companies throughout the business life cycle.
Experience has included advising:
- One of the most innovative Angolan technology companies with issues relating to their data centers, cloud services, microwave, e-commerce, internet and data and voice traffic. The client provides these services to banks, funds, multinationals and insurance companies;
- One of the largest international operators in Angola in the privatization process of mobile phone licenses;
- One of the largest ecommerce companies in the world in making their services and products available in Angola;
- Domestic and foreign technological companies in licensing operations processes for products, services and technological solutions;
- In the context of international investment transactions in the sector, including mobile telecommunications and mobile payment services;
- In the context of the elaboration, negotiation and management of Mobile Satellite Services (MSS) agreements between a domestic operator and a global satellite company.
Digital transformation is a driving force for innovative, inclusive and sustainable growth. The digital economy encompasses the economic and social activities that are boosted by platforms such as mobile and sensor networks, including e-commerce. The African Continental Free Trade Area (AfCFTA) represents an opportunity to boost growth, reduce poverty and expand economic inclusion in Africa.
The fintech industry is popular for its dynamic approach to delivery and relies on technological advances. Innovations such as blockchain, mobile payments and savings, peer-to-peer lending platforms, crowdfunding and similar internet-based solutions have radically transformed the financial services landscape in Nigeria, challenging its traditional business models and regulatory infrastructure. However, beyond the noteworthy advancements in this sector, a key concern is giving the country’s growing population access to these innovative solutions.
Many African countries are still grappling with the impact of the lockdown initiatives caused by COVID-19.1 Adapting to the health and safety protocols across Africa has meant a significant increase in the sheer volume of data being processed, particularly in the health and education sectors.
Whether drafting legal documents, litigating, or managing a law firm, legal professionals are expected to predict, with a relatively high degree of certainty, the possible consequences of every step they take and every word they communicate. Then, having considered all the possible consequences, they must decide on the best course of action. Any such decision typically involves having several alternatives, comparing them and evaluating their outcomes.