Powering Africa, The Legal Plug
How should businesses, governments, and investors build, finance, and sustain critical power infrastructure across the increasingly interconnected markets of East, Central, and Southern Africa (“the region”)? An increasing demand for the same calls for the evolution of new delivery and scaling models, for instance, innovative energy solutions, utility reforms, sustainable electrification,...
Kenya: Draft Regulations on Cryptocurrency / Digital Assets / Virtual Assets
About Us
O’Bang Law is a regional full-service law firm with a global reach. The Firm, in supporting local and foreign investors, it has interacted with various government entities/agencies such as the Central Bank of Kenya (license acquisition), Communication Authority, Competition Authority, Directorate of Criminal Investigation, among others. We have advised on and structured several...
Tanzania: Sustainable Finance
Key Regulatory Frameworks in Tanzania
Tanzania has put in place regional legal, policy, and regulatory frameworks to oversee the nation’s sustainability goals, much like many other rising markets throughout the world.
The regulatory framework in Tanzania has experienced a significant metamorphosis that has necessitated a strict mandated system of financial control. At the core of...
Kenya: Regulatory Framework for Impact Finance
Introduction
Impact finance is a purposeful investment that generates positive social or environmental impacts alongside a considerable financial return. Impact finance, which includes sustainable, green, and climate finance, is governed by a combination of sector-specific and cross-sectoral regulations, policies, and voluntary market guidelines.
Currently, there is no single piece of...
Tanzania: Regulatory Framework for Impact Finance
Introduction
Impact Finance refers to capital intentionally allocated to generate positive social and environmental impact alongside financial returns. It is different from mainstream finance as it departs from the singular goal of generating monetary returns and intentionally creates positive, measurable social and environmental impact alongside financial gain.
Its core operating...
O’Bang Law Recognised by Chambers and Partners: FinTech Legal 2026
O’Bang Law steps onto the scene!
We are delighted to share that O’Bang Law (Ong’anya Ombo Advocates LLP) has been recognised by the recent Chambers and Partners ranking for FinTech Legal 2026, whereby we are ranked under FinTech Legal 2026 (Band 3).
We are thankful to our clients, team, and colleagues for their roles in enabling us to achieve this milestone....
The Local Content Bill, 2025
Summary
Local content is the added value brought to the Kenyan economy through procuring locally available services, goods, supplies and work force.
The Objectives of The Bill
To provide a framework for regulation of local content by prescribing minimum local content quotas in various sectors:
To promote the local industry and sourcing of locally produced goods and services
To...
Draft Regulations: A summary of the Income Tax (Significant Economic Presence Tax) Regulations, 2025
A summary of the Income Tax (Significant Economic Presence Tax) Regulations, 2025
What is the Significant Economic Presence Tax?
This is a final tax on the income of non-resident persons who provide services through a business carried out over the internet or an electronic network to users in Kenya.
Applicability and ScopeTarget Group: Non-resident persons without a permanent...
Licensing, General Penalties and Enforcement by Capital Markets Authority
The Capital Markets Authority (CMA) of Kenya regulates various sectors within the securities and capital markets industry. Section 23 of the Capital Markets Act provides for licenses required under the securities industry, covering securities exchanges, commodities/derivatives exchanges, registered venture capital companies, collective investment schemes, and credit rating agencies, among...
Authorized Depositories (Custodians)
Business Type: Authorized depositories, or custodians, are banks licensed under the Banking Act or financial institutions approved by the CMA to hold in custody funds, securities, financial instruments, or documents of title to assets registered in the name of local, East African, or foreign investors, or of investment portfolios. Every investment adviser and fund manager that manages...

