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 Senegal work with many of Africa’s leading technology companies, offering advice throughout a broad range of areas — from corporate transactions to IP protection, patent law and litigation, and including regulatory, compliance, employment and contracting issues.
From startups and fast-growing 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. We help startups get organized and funded and assist both growing and established technology companies in employment matters, commercial and technology transactions and IP patent protection strategies.
Experience has included advising:
- The West African Economic and Monetary Union (WAEMU) to conduct a survey on the legal aspects of TMT sector in six West African countries with the aim to harmonize legislation
- Sky Vision Global Networks Ltd on telecommunications acquisitions in Benin, Burkina Faso, Côte d’Ivoire, Guinea and Niger
- Microsoft Corporation on the roll out of Windows Live Service across several jurisdictions in sub-Saharan Africa
- Provided Google with a monthly legislative change-monitoring report
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.