Mozambique’s government has approved a resolution on its tariff offer for implementing the African Continental Free Trade Area (AfCFTA) agreement and a national strategy for its execution. This decision allows Mozambique to access the AfCFTA Adjustment Fund designed to help member states mitigate any negative impacts from the agreement’s implementation.

On July 30, 2024, the Federal High Court (FHC) ruled that section 18(2) of the Companies and Allied Matters Act 2020 (CAMA 2020), which allows private companies to have a single shareholder, applies to all private companies, including those incorporated under the repealed CAMA 1990.

In a striking paradox, Africa’s richest individual, Aliko Dangote, would need 35 visas to travel across the continent—a testament to the restrictive borders that continue to hinder African unity and economic growth. Despite Africa’s urgent call for investment and collaboration, the continent’s own citizens face significant challenges in moving freely between countries. The 2023 Africa Visa Openness Report…

In a rapidly evolving geopolitical landscape, investment migration has emerged as a critical strategy for high-net-worth individuals seeking to safeguard their futures. Recent developments in Europe, including discussions about reinstating mandatory conscription in several countries, have sparked a renewed interest in citizenship and residence by investment programs.

Singapore has regained its position as the world’s most powerful passport, according to the latest Henley Passport Index. With visa-free access to 195 out of 227 global destinations, Singapore sets a new record score.

France, Germany, Italy, Japan, and Spain…

Warren Buffett has revised his will, deciding that his wealth will be managed by a new charitable trust overseen by his three children after his death, rather than continuing donations to the Bill & Melinda Gates Foundation.

Please be informed of the crucial update regarding the Antigua & Barbuda Citizenship by Investment Program. The deadline for submitting applications under the current investment regulations has been extended by 30 days, now closing on 30 July 2024. This extension provides a limited window of opportunity to apply before the minimum investment thresholds increase.

Newly elected Portuguese prime minister Luís Montenegro announced on June 3, 2024 a transformative Action Plan for Migration (Plano de Migrações), marking a pivotal shift in Portugal’s approach to immigration, says Patricia Casaburi, CEO at Global Citizen Solutions.

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On the 6th of May, the Central Bank of Nigeria (CBN) issued a circular to implement cybersecurity levy on electronic transactions. The cybersecurity levy involves a deduction of 0.5% (half a percent) from the value of all electronic transactions.