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Key Updates: Equatorial Guinea’s New Tax Code Effective 2025

Equatorial Guinea’s recently adopted Tax Code, Law No. 1/2024, represents a major shift in the country’s tax framework. It is designed to modernise the system, encourage compliance, and foster economic growth. These changes, ranging from reduced corporate tax rates to new personal income tax brackets and a revamped oil and mining regime, will impact businesses and individuals differently, depending on their size, structure, and sector.

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The Lagos State Electricity Law 2024: An Overview.

One of the significant introductions in the enactment of the Nigerian Electricity Act in June 2023 (“Electricity Act”) is the recognition of legislative autonomy of States as it relates to electricity market within a State. The Electricity Act recognizes the powers of any State in Nigeria to enact a law providing for the establishment of a State electricity market and to establish a State electricity regulatory authority for that State.

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International Tribunal Rejects DRC’s Attempt to Avoid Accountability on the Glencore Bribery Case

Johannesburg, 18 December 2024 – In a decisive ruling by the International Chamber of Commerce (ICC), the arbitral tribunal has dismissed the Democratic Republic of Congo’s (DRC) latest jurisdictional objections, marking a major procedural victory for Centurion Law Group (CLG) in its ongoing arbitration against the DRC and its anti-corruption agency, Agence de Prévention et de Lutte contre la Corruption (APLC).

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