Posts Tagged: "Africa"

To do business in Africa, it is important to understand how African countries conduct trade and commerce among themselves and with the rest of the world. Specifically, IP right holders navigating the continent would be better served by an informed economic roadmap into the continent. A proper understanding of the business terrain and IP regimes becomes important for global brands looking to pitch their tent in Africa. This article focuses on West Africa and will inform international investors and global brands about the market and the interplay between trade, commerce and IP. It also proffers solutions to key concerns that can derail the commercial interest in the region.

The African economy, which is home to more than a billion people, has tripled since the year 2000 (Michael Lalor; 2014) and currently houses 9 of the 15 fastest growing economies in the world (Spoor & Fisher; 2016), presenting immense business opportunities. In this article, we shall take a look at the patenting systems in Africa, which are a complicated mix of National and Regional systems, and the costs involved… The lack of a single regional patent office makes the process of obtaining patents in Africa an extremely challenging one as applicants have to navigate their way through a bundle of regional and national legislations, each mandating its own set of procedures.