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 in Ghana advise leading technology companies in a broad range of areas – from corporate transactions to IP protection, patent law, litigation, regulatory compliance, employment and contracting issues.
We advise technology companies throughout the business life cycle – from startup to full-fledged operations.
Experience has included advising:
- A fintech company on the protection of its intellectual property rights.
- A US company in relation to the launch its software application in Ghana.
- An international telecommunications and media company in relation to the registration of their trademarks.
- A major multinational US-based telecommunications corporation in relation to tax issues in respect of proposed transactional structures including withholding tax, corporate income tax, double taxation issues and value-added tax.
- A major foreign owned telecommunication operator in relation to the operation, maintenance and co-location marketing arrangement between the operator and a key Ghanaian network operator.
- A major telecommunications company in relation to the sale of its over 750 telecommunications masts countrywide.
- A major foreign owned telecommunications operator on its acquisition of mobile mast assets of another telecommunications operator in Ghana involving over 400 lease agreements and over 300 deeds of assignment.
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.