Term Sheets in Nigeria – Venture Capital
Upon reviewing the Term Sheet, our legal team identified several unfavourable provisions that could jeopardise the company’s valuation
API Licensing in Nigeria
A dispute arose when the software vendor alleged that (a) the local fintech start-up had exceeded the agreed-upon usage limits in the licensing agreement and; (b) the local fintech start-up was sharing data with unauthorized third parties.
Meta’s Changes: More Speech, Fewer Mistakes
Whilst Meta’s proposed changes raise some concerns regarding online safety, there are a number of reasons why Meta’s pro-speech stance warrants further consideration.
E-Commerce Regulations in Nigeria – Key Considerations
Nigeria, Africa’s largest economy, offers significant growth potential for global e-commerce platforms seeking to expand into emerging markets
Content Moderation Compliance Report by the NITDA
Specifically, the Compliance Report documents and evaluates the compliance efforts of Google, Linkedin, TikTok and X, in areas such as
Content Moderation in Nigeria: Legal Frameworks & Recent Developments
On December 3, 2024, the NITDA issued a public notice regarding the state of compliance with the Code of Practice for Interactive Computer Service Platforms/Internet Intermediaries, 2023.
Startups & Shareholders’ Agreement
The client is a technology startup, founded by three co-founders.Each co-founder held an equal share of the company (33.33%) and initially agreed informally on their roles and responsibilities.
Market Entry in Nigeria
Our client, a leading global technology company, sought to expand its operations into Sub-Saharan Africa, starting with Nigeria
Pre-Series Financing: Key Insights for Founders
We find that some startups attach the “Pre-” label to a funding round because they didn’t secure the full target amount or feel the amount raised doesn’t align with what’s typically associated with that stage. But what does it really...
How VCs Support Start-Ups Post-Investment
It’s often overlooked but venture capital is more than just a financial investment—it’s a partnership that fuels growth. Beyond the cash infusion, VCs provide critical post-investment management support to help startups achieve critical product and revenue milestones. So, what should...
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