Investing in a Mobile Value Added Service (VAS) business in Nigeria’s Telecomm’s Industry – Key Legal Considerations
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March 14, 2018
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Legal Update – The State of Bitcoin & Cryptocurrency Law and Regulation in Nigeria, 2018

The google analytic which revealed that the most Google searches, globally, for the word ‘bitcoin’ in 2017, came from South Africa and Nigeria, respectively, is perhaps the last & connecting puzzle piece of a growing economic constant, that speaks to the astronomical rise in the demand for and consumption of cryptocurrency business/services in Nigeria. Now,…

January 11, 2018
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2017 Trends in Data Privacy & Regulation in Nigeria – Practical Considerations for Investors and Technology Companies

We recently provided legal advice to a strategic technology investor on the liabilities under Nigerian law, which a prospective portfolio technology company will be exposed to under the applicable legal framework for data privacy regulation in Nigeria and within the context of possible court action for data privacy breaches. As part of that instruction, we…

August 29, 2017
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Offshore HoldCos as Investment Vehicles for Technology Start-Ups in Nigeria – Some Practical Considerations for Tech Founders and VC

Delaware flips are now increasingly common locally. We estimate that up to 70% of the tech start-ups that have raised seed financing or looking to raise seed financing in Nigeria have had to incorporate offshore holding companies (HoldCos) in Delaware, Mauritius or other jurisdictions considered to be investor-friendly[1]. This statistic is evidence of a prevalent…

July 25, 2017
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