Connect with us

Business

DLA Piper Launches Inaugural Survey of In-House Lawyers in Africa

Published

on

DLA Piper

DLA Piper Africa, in partnership with The Legal 500, has published its inaugural WIN (What In-house lawyers Need) Insights Report for Africa and associated Benchmarking Report

LONDON, United Kingdom, July 21, 2022/APO Group/ — 

Changing nature of the In-House role – 57% state that the most senior lawyer within their organisation now had a direct input to business strategy; The war for talent – only 21% felt that they would be able to find and recruit in-house lawyers at a suitable level of experience; Limited use of key technology tools – document review software (11%), eSignatures (10%), contract lifecycle management tools (8%), or legal spend management and e-billing software (5%).

DLA Piper Africa, in partnership with The Legal 500, has published its inaugural WIN (What In-house lawyers Need) Insights Report for Africa and associated Benchmarking Report. The reports are based on in-depth conversations with some of the continent’s leading General Counsel (GC) in addition to a survey of over 300 in-house lawyers across Africa. Both reports explore the changing role of GC’s in Africa, team structures, the war for talent and the use of technology.

  1. The changing role of the GC in Africa

Over the past ten years, general counsel across the world’s financial centres have seen a dramatic change in their roles, becoming trusted advisors to business, key figures in corporate leadership and managers of legal teams that can, in some cases, exceed the size of an international law firm. All while stepping further away from traditional legal work to engage and often lead the way within their organisations on a range of business-critical issues.

Our survey shows a clear picture of just how important the role of general counsel has become with over half (57%) stating that the most senior lawyer within their organisation now had a direct input to business strategy, while 79% said they felt the role of in-house lawyer had expanded in recent years.

With unprecedented shifts happening in Africa’s business environment, in-house legal teams are at the forefront of a revolution

  1. Structuring legal teams for success

To meet the evolving needs of business, Africa’s general counsel must not only develop a voice and adapt to new and ever-changing areas of practice; they must also find ways for the legal team to cover operations across a vast, and often growing, geographical area.

Our survey shows that Africa’s legal teams are divided fairly evenly between those operating from a central team with responsibility for all matters across Africa (37%), those preferring a decentralised model with lawyers embedded on the ground (30%) and those that take either a mixed or alternative approach (33%). Interestingly, the same can be said of global multinationals operating in Africa with little difference between the differing structures that exist for these types of organisations when compared to their African-headquartered counterparts. For global multinationals, when it comes to the optimal way to organise legal responsibility for Africa they are just as divided, with 30% taking a centralised approach, 21% preferring a decentralised approach, and 40% adopting a mixed structure.

  1. The war for talent

With the headcount of legal departments across Africa on the rise, finding ways to provide defined career progression for high-quality lawyers is likely to become a leading challenge for general counsel. Our survey highlights just how difficult this is with only 21% of those surveyed saying they would be able to recruit in-house lawyers at a suitable level of experience, compared to 39% saying it was a challenge to recruit and retain staff at the level they would like. With over half (51%) of those surveyed reporting that they will look to expand their teams in the coming months, these challenges are expected to have a major impact on Africa’s in-house landscape. In terms of the type of skills being sought, our panel of GCs agreed that finding lawyers who are prepared to embrace the changing nature of the in-house role is just as important as recruiting for specific legal skills.

  1. The use of technology

For legal tech vendors, a global pandemic forcing businesses to adapt to working remotely has created significant opportunity. For many of Africa’s GCs, the shock therapy also proved to be a blessing in disguise. For almost all teams it was a moment to reflect on whether longstanding best practice really was best practice.  While 64% of those surveyed said the Africa legal team was already using technology to assist with its workload, only a minority reported using legal technology such as document review software (11%), eSignatures (10%), contract lifecycle management tools (8%), or legal spend management and e-billing software (5%). With global spending on legal tech predicted to increase threefold by 2025, vendors are starting to push heavily at the African market. At the same time, the younger generation of lawyers across the continent are starting to see familiarity with legal tech as a prerequisite for any future career in law.

Those who are willing to embrace new ways of working will also often run into the perennial problem of budgetary constraints. Nearly half of those polled (41%) said they would struggle to secure budget for new technology, while even those who were confident of receiving backing felt implementation would be a challenge.

Angela Mndolwa, moderator at our report launch event and partner in DLA Piper Africa’s Tanzania office commented: “With unprecedented shifts happening in Africa’s business environment, in-house legal teams are at the forefront of a revolution. We are proud to produce this first-of-its-kind report looking at the future of the African in-house legal team. Our report shines the light on the changing role of in-house legal departments working in and across the continent; the challenges of meeting new and evolving business demands and shares the tips and tricks that have allowed some of Africa’s most seasoned GCs to succeed.  We would like to sincerely thank all of the Africa-based and Africa-focused general counsel who gave their time to contribute”.

Allan Cohen, Research Editor, The Legal 500 said: “We were delighted when DLA Piper Africa approached us to partner with them on this exciting project. As two organisations committed to development of legal talent, we saw a gap in the market with Africa significantly under-represented in global programmes and a lack of content developed exclusively with the African in-house lawyer in mind.  These reports are a step in the right direction to changing this, providing useful benchmarking data for organisations with operations in Africa on the size, structure and shape of legal teams.”

To register for either the Benchmarking or Insights report please click here (https://bit.ly/3yZtO6k).

Distributed by APO Group on behalf of DLA Piper.

Business

Yellow Card Secures Crypto Asset Service Provider Licence in South Africa

Published

on

Yellow Card

Stablecoin adoption is surging throughout Africa, with sub-Saharan Africa having the highest adoption rate in the world at 9.2%

JOHANNESBURG, South Africa, November 20, 2024/APO Group/ — 

Yellow Card (www.YellowCard.io), Africa’s leading stablecoin-based infrastructure provider, has been issued a Crypto Asset Service Provider (CASP) licence by the Financial Sector Conduct Authority (FSCA) in South Africa.  

Commenting on the FSCA’s decision to issue the licence to Yellow Card Financial South Africa, Chris Maurice, Yellow Card’s co-founder and CEO, said, “The CASP licence underscores Yellow Card’s commitment to its customers in South Africa and regulatory compliance across the continent.This achievement reflects our dedication to providing secure, compliant and transformative solutions for our customers both in South Africa and across Africa.  

The CASP licence underscores Yellow Card’s commitment to its customers in South Africa and regulatory compliance across the continent

Stablecoin adoption is surging throughout Africa, with sub-Saharan Africa having the highest adoption rate in the world at 9.2%. In South Africa alone, where the number of total users of crypto assets is estimated to amount to 5.8 million people, stablecoins have experienced growth of 50% month over month since October 2023, displacing bitcoin as the country’s most popular cryptocurrency.  Yellow Card is excited to play a pivotal role in this financial revolution in South Africa. 

Yellow Card, which launched in South Africa in 2020, has facilitated over US$3 billion in transactions in the last several years and now operates in 20 countries across the continent. The company recently completed a US$33 million Series C financing, led by Blockchain Capital and existing investors, including Polychain Capital, Valar Ventures, Third Prime Ventures, Coinbase Ventures, and Block, Inc. (Square/Cash App), reflecting strong investor confidence in its mission.   

As the stablecoin landscape continues to evolve, Yellow Card is committed to leading the charge in making digital assets accessible and secure for businesses across Africa. With the recent licensing and funding, the company plans to expand its B2B offerings by enhancing its stablecoin rails, upgrading infrastructure, and advancing its B2B API and Widget. These efforts will empower businesses with seamless solutions for liquidity management and their general operations. 

To learn more about Yellow Card, visit: https://YellowCard.io/

Distributed by APO Group on behalf of Yellow Card Financial.

Continue Reading

Business

Telecoming and MTN Partner to Launch cloud gaming in South Africa

Published

on

MTN Cloudplay will allow MTN users in South Africa to access a wide range of cloud-based video games, providing a high-quality gaming experience without the need for downloads or high-end gaming consoles

JOHANNESBURG, South Africa, November 20, 2024/APO Group/ —

  • Both companies extend their collaboration to introduce cloud gaming in South Africa.
  • MTN Cloudplay aims to revolutionize digital entertainment with affordable, high-quality gaming access.

MTN, Africa’s leading telecommunications operator with over 290 million subscribers across the continent, announces the launch of Cloudplay, a revolutionary new cloud gaming service, with Telecoming (www.Telecoming.com), a sportech company specializing in developing and distributing mobile experiences for sports and entertainment. This project marks a new milestone in the ongoing collaboration between the two companies.

MTN Cloudplay: A Game Changer

MTN Cloudplay will allow MTN users in South Africa to access a wide range of cloud-based video games, providing a high-quality gaming experience without the need for downloads or high-end gaming consoles. The service will allow customers to stream high-end PC games to their mobile phones, enabling them to play anywhere, anytime.

This service seeks to democratize access to high-quality mobile gaming for the whole family; including various genres which include retro games and exciting popular gaming titles with multi-device gameplay, at an affordable price of only R79 per month.

Jason Probert, General Manager for Digital Services at MTN South Africa shared his thoughts on the collaboration:

Customers can use their existing Steam licenses on the service, and have access to more than 300 games on the service for only R79 per month

“We’re thrilled to launch MTN Cloudplay in South Africa. We’re committed to enabling our customers to enjoy the benefits of a modern connected life and the advent of 5G means that it is now possible to stream and play games without the need for a PC or console. Customers can use their existing Steam licenses on the service, and have access to more than 300 games on the service for only R79 per month.”

Alí Karaosman, MEA Director of Telecoming says “It is very exciting for us to extend our collaboration with MTN, bringing our nearly decade-long experience in this market and supporting the operator in this innovative digital entertainment offering, we are convinced that MTN Cloudplay will revolutionize the way users in South Africa enjoy video games. For Telecoming, this partnership with MTN is a strategic step in our mission to bring esports and innovative digital services to Africa. We are committed to continuing to develop technological solutions that enhance digital leisure for people in the region.”

Service Details

MTN Cloudplay is available to all MTN users in South Africa since November 2024. With a vast library of over 340 games from over 50 publishers, this cloud gaming service offers an unmatched gaming experience on any device.

MTN Cloudplay is accessible to MTN subscribers. Users can visit https://Cloudplay.MTN.co.za to explore the platform and enjoy a wide selection of gaming titles.

Highlights

  • Extensive Game Library: Enjoy classics like Contra, PacMan and Mortal Kombat and modern hits like Hogwarts Legacy and Borderlands 3.
  • Bring Your Own License (BYOL): Access games you’ve purchased on Steam, such as Grand Theft Auto V and Fallout 4.
  • Multi-Device Access: Play on any device and switch seamlessly between them.
  • Low Latency: Experience responsive gameplay with minimal lag.
  • Subscription: Available directly on https://Cloudplay.MTN.co.za or via the MTN Play https://Play.MTN.co.za website for R79 per month.

Distributed by APO Group on behalf of Telecoming.

Continue Reading

Business

rainx Launches the101 Range of 5G Fixed Wireless Access (FWA) Routers for Mobile Network Operators (MNOs)

Published

on

rainx

The industry’s smartest and most aesthetically pleasing 5G and Wi-Fi 7 router opens new opportunities for service providers globally

JOHANNESBURG, South Africa, November 20, 2024/APO Group/ — 

rainx, a leader in 5G Fixed Wireless Access (FWA) solutions, has launched the101 range (https://apo-opa.co/40UwYYE), an advanced ecosystem of fixed wireless 5G and Wi-Fi access products designed to meet the high standards of modern Mobile Network Operators (MNOs), Mobile Virtual Network Operators (MVNOs) and their customers.

This lineup includes the101 and the101 Pro 5G smart routers, the101 Xtender smart mesh Wi-Fi extender, and the101 Loop – a new category of product designed for today’s always-connected customer, powered by MediaTek. Together, these solutions redefine 5G FWA, enabling operators to enhance network quality, reduce churn, and drive new revenue streams. The routers also offer a collection of 101 skins to suit the users’ style, creating devices that are designed to be on show.

Targeted to the demands of the modern telco

As demand for 5G-enabled FWA continues to surge, MNOs face complex challenges in scaling network capacity and quality for fixed locations, while managing the concurrent load on mobile networks. Recognising this challenge, rainx has engineered the Customer Edge approach, an integrated ecosystem of products and services designed to empower operators to manage and optimise the customer experience. This begins with the101 range of 5G smart routers, which double as network probes, feeding real-time insights to theStation, a smart managed services platform.

theStation provides operators with deep network insights, enabling accurate, proactive decisions on coverage and capacity expansion. Operators can access detailed data on network performance in the home, including Wi-Fi clients, usage patterns, speed and latency – providing proactive support and direct customer communication through the101’s touch screen. This visibility gives MNOs comprehensive control over the entire FWA ecosystem, helping to streamline network load management, anticipate capacity needs, and deliver high-speed connectivity for both residential and commercial customers.

For end-users, the101 range provides an intuitive, self-service interface that empowers customers to manage their network in real time, minimising support needs and enhancing the overall customer experience.

Key Products in the101 Range include:

the101 Pro 5G smart router

Built for premium, high-demand users, the101 Pro offers advanced 5G capabilities with the new MediaTek (MTK) T830 platform that delivers sub-6Ghz 5G with speeds of up to 7 Gbps, Wi-Fi 7 and 300MHz 4 carrier aggregation. The routers offer a range of customisable skins to suit the users’ aesthetic preferences that bring the Pro’s screen to life. Its powerful hardware ensures optimal performance for bandwidth-intensive applications, including cloud gaming.

Our Customer Edge approach provides operators with the deep insights they need to make informed decisions on their networks

Ripple Messaging™ offers MNOs a direct communication channel to the device’s 2.1” touch screen for real-time support and service notifications. It includes a built-in speed test and a “Tap for Support” feature. Additionally, theStation’s managed services enable proactive device management, optimising performance with real-time updates to ensure continuous service quality and reducing operational costs.

the101 5G Smart Router

rainx’s mid-range offering is powered by an MTK T750 platform with 200MHz two carrier aggregation and AX3600 Wi-Fi 6. With a 1.8” touch screen display, it offers smart features like “Scan to Connect”, direct messaging and a built-in speed test. It’s available with a choice of 101 skins to suit customer tastes. the101 also offers managed services through theStation.

the101 Xtender Smart Mesh Wi-Fi

the101 Xtender broadens 5G coverage, enabling MNOs to deliver high-quality, uniform connectivity throughout larger spaces. As part of the mesh network, Xtenders integrate directly with 101 routers, allowing operators to address Wi-Fi coverage gaps and deliver a consistent, high-speed experience across homes or office spaces.

the101 Loop

A new portable 5G router designed for today’s always-connected consumer. With built-in 5G, a 5.5” LCD touch screen, 25W stereo sound and a cinematic camera, the Loop lets you connect in exciting new ways. MNOs can leverage the Loop’s multimedia capabilities to offer premium services, build customer loyalty and create new ARPU (Average Revenue Per User) opportunities through integrated 5G and Wi-Fi.

“Through smart hardware and services, we’re partnering with MNOs and MVNOs to unlock the potential of 5G,” said Brandon Leigh, Founder and Director of rainx. “Our ecosystem empowers operators to monetise latent 5G capacity, create new revenue streams, and addresses the shift from spiky mobile traffic to high, steady usage at fixed locations. Our Customer Edge approach provides operators with the deep insights they need to make informed decisions on their networks, manage the customer experience and generate ROI from 5G.”

“For customers, the 101range allows them to blend their aesthetic preferences with beautiful customisable skins, alongside high-performance engineering powered by the latest MediaTek CPE technology. the101 range delivers a reliable, high-speed connection that stays robust during periods of spiky traffic. The range also offers intuitive self-service features, allowing customers to easily monitor and control their router, reducing the need for support calls and creating a seamless, hands-on user experience that truly puts the power in their hands,” Leigh concluded. 

Rami Osman, Director of Business Development for MediaTek Middle East and Africa, said: “We are excited to collaborate with rainx to increase 5G FWA access across Africa, Asia and abroad to bring the benefits of fast, reliable connectivity to consumers and businesses. The MediaTek T830 has a highly integrated and compact design that provides big power savings and reduces development time and costs for customers like rainx.

“The MediaTek T830 chipset platform represents the latest advancements in both 5G and Wi-Fi connectivity and enables our customers to build extremely high-performance multi-gigabit 5G CPE products in the smallest form factors possible. Users can get a super-fast router at home of office that they can self-install and manage, reducing the lengthy installation times for fixed line broadband,” Osman said.  

Distributed by APO Group on behalf of MediaTek Inc..

Continue Reading

Trending