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Private Equity in Tanzania: Highlight of Recent Legislative Changes

Private Equity in Tanzania: Highlight of Recent Legislative Changes

The Regulations do not contain a quantifiable threshold to determine if a natural person is a beneficial owner.

Amendment of the Commercial Code of Ethiopia

Amendment of the Commercial Code of Ethiopia

Since the coming into power of Prime Minister Abiy Ahmed, Ethiopia has undertaken a number of significant reforms, changes and...

Trends Emerging from Kenya’s Insolvency Regime

Trends Emerging from Kenya’s Insolvency Regime

Despite the business rescue culture embedded in Kenya’s current insolvency regime, the coronavirus pandemic has brought about profound economic challenges...

UBO Compliance: Emerging Issues for Private Equity and Venture Capital Funds in Kenya

UBO Compliance: Emerging Issues for Private Equity and Venture Capital Funds in Kenya

The Kenya regulations came into effect in January 2021 and the compliance deadline was extended to 31 July 2021 due...

Regulation of Investments by Pension Funds and other Investors into Private Equity

Regulation of Investments by Pension Funds and other Investors into Private Equity

Where a PEVC fund’s offer falls under a restricted public offer, the PEVC fund would be required to submit a...

Banks’ Right to Set Off Allowed against Accounts held by Related Companies

Banks’ Right to Set Off Allowed against Accounts held by Related Companies

The right to set off is typically provided for in well drafted loan documents but it is also an implied...

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