The Invisible Economy Must Emerge from the Shadows: Formalising Cameroon’s Informal Sector in the Age of the AfCFTA
Written following participation in the Private Sector-Led Forum organised by Access Bank, Cameroon, on the sidelines of the 14th WTO…
AFRICA
Headquartered in Johannesburg with offices and partners across Africa, Europe and the Middle East, Centurion Law Group is a law firm transforming the way law is practised on the continent. Our internationally trained lawyers and advisors are renowned for advising governments, foreign investors, local companies, other law firms, and the private sector. The team’s multilingual skills mean we can work in English, Spanish, French, German, and other African indigenous languages

Written following participation in the Private Sector-Led Forum organised by Access Bank, Cameroon, on the sidelines of the 14th WTO Ministerial Conference, Palais des Congrès,

Nigeria has emerged as the African Union’s (AU) Digital Trade Champion under the African Continental Free Trade Area (AfCFTA) Digital Trade Protocol[1]. This recognition underscores the country’s remarkable progress in fostering digital enterprise, innovation, and cross-border digital trade facilitation. As Africa’s largest economy and a technology-driven hub, Nigeria is positioned to lead the continent’s digital transformation, with significant implications for economic growth, job creation, and regulatory leadership. The country’s digital economy has witnessed remarkable growth, driven by increased internet penetration, mobile technology adoption, and a thriving startup ecosystem. According to the National Bureau of Statistics (NBS), Nigeria’s Information and Communications Technology (ICT) sector contributed about 20 percent growth to the country’s GDP in Q2 2024[2]. Nigeria also boasts Africa’s largest mobile market, with around 219 million subscribers, achieving a teledensity of 101.16 percent[3] as reported by the Nigerian Communications Commission (NCC). As of March 2024, more than 163 million Nigerians had internet access propelled by broadband network expansion, affordable data plans, and a broadband penetration of 43.5 percent[4]. With a fintech industry which attracted over $2 billion in investments in 2024, Nigeria presents a formidable digital economy capable of driving regional and continental economic integration[5].

The African Union, at the 38th Ordinary Session of the Assembly of Heads of State and Government (AU Summit) which took place from 15 to 16 February 2025, has adopted 8 (eight) annexes to the African Continental Free Trade Area (AfCFTA) Digital Trade Protocol. This is a landmark development for digital trade across Africa and presents as the final block required to finalise the operational details of the digital trade protocol which is a significant instrument towards harmonising the digital economy across the continent. At CLG, we understand that navigating these new instruments will be critical for businesses seeking to capitalize on Africa’s rapidly evolving digital landscape. This article simplifies what you need to know about these annexes and how our firm is uniquely positioned to help you leverage the opportunities they present.
Written following participation in the Private Sector-Led Forum organised by Access Bank, Cameroon, on the sidelines of the 14th WTO…
Nigeria has emerged as the African Union’s (AU) Digital Trade Champion under the African Continental Free Trade Area (AfCFTA) Digital…
The African Union, at the 38th Ordinary Session of the Assembly of Heads of State and Government (AU Summit) which…
Supporting clients operating in the CEMAC region, trusted legal adviser Daoudou Mohammad has been appointed as Director of Tax &…
Namibia, a nation renowned for its breath-taking scenery and abundant wildlife, is becoming more and more well-known for its booming…
The recent Judgment by the Federal High Court (FHC) in Abuja Nigeria, has provided clear guidance on the applicability of…
This article highlights the important modifications brought about by the 2024 General Tax Code and summarizes the reintroduction and reformulation…
La cérémonie d’ouverture s’est tenue à Pointe Noire le 19 juin en présence de CLG.
The launch ceremony was held in Pointe Noire on June 19 in the presence of CLG