Addleshaw Goddard: Managing Regulatory Risk in Africa

Welcome to the May Edition of Addleshaw Goddared’s Africa Business Group Newsletter

In this edition, Addleshaw Goddard considers the challenges posed by regulatory issues, supply chain oversight and transparency in Africa, with contributions from Adrian Roux of ENS around changes in the standards governing beneficial ownership in South Africa, content from Harriet Territt of Addleshaw Goddard on modern slavery and supply chain due diligence, and from Stuart Wardlaw, also of Addleshaw Goddard, on environmental issues arising from the African dimension of COP 28.  The wide scope of regulatory obligations and the move towards greater transparency is particularly important for organisations looking at African businesses from a UK perspective, noting the proposed enactment of failure to prevent fraud and false accounting offences under the Economic Crime and Transparency Bill.