SMEs and the Rule of Law in Africa: legal developments, regulatory challenges and prospective solutions
Date:Thursday 12, October 2017
Venue: Jones Day, 300 New Jersey Avenue, NW, Washington, DC 20001
register here to attend - note that the event is free to attend, but places are limited.
REGISTRATION AND WELCOME COFFEE
WELCOME AND OPENING COMMENTS
MORNING PANEL - CHALLENGES OF REGULATION IN AFRICA
Good, clear and accessible laws and regulations are necessary for SMEs to thrive. The session will discuss what hampers the development of good laws and regulations, the impact this can have on SMEs in Africa and how the problems can be addressed.
LUNCHTIME PANEL - LEGAL AND REGULATORY CHALLENGES IN FINTECH
The Bingham Centre for the Rule of Law - in collaboration with the Good Law Foundation (South Africa) - has conducted research on the legal and regulatory challenges for SMEs operating in the 'FinTech' sector in Kenya and South Africa. This session will present and discuss the research findings.
AFTERNOON PANEL - ACCESS TO JUSTICE THROUGH SMALL CLAIMS AND COMMERCIAL COURTS
The purpose of small claim courts is primarily to make justice inexpensive and accessible to those who cannot afford litigation, and whose claims are relatively small. Often, claimants do not need the aid of a lawyer to defend their cases. Some jurisdictions (e.g. South Africa) provide a legal framework for small claim courts, while others do not. On the other hand, the court system may be a break for investors, and commercial courts aim to improve the business environment by addressing business disputes. This panel will map out good practices in this area, discuss challenges and identify ways forward with both small claim and commercial courts.
CLOSING PANEL - WHERE NEXT? MAKING IT WORK FOR SMEs IN AFRICA
Rounding off the day's discussion, this panel will draw on previous panels to highlight what are the best ways to develop the legal and regulatory framework for SMEs in Africa. The panel will highlight good practice initiatives, practical approaches and existing or proposed policies that would achieve this objective.
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