Organization of Harmonization of Business Laws in Africa (OHADA) Phase I & II

Countries:
Benin, Burkina Faso, Cameroon, Central African Republic, Chad, Comoros, Democratic Republic Of Congo, Equatorial Guinea, Gabon, Guinea, Guinea Bissau, Ivory Coast, Mali, Niger, Republic of the Congo, Senegal, Togo

ICF has been working with OHADA to harmonize business laws across 17 countries in West and Central Africa by reviewing and reinforcing some of OHADA’s eight Uniform Acts. The second phase of this project is working on the reform and adoption of the Companies Act and Bankruptcy Act. Adoption of the reformed Companies Act will lead to a reduction in the minimum capital required to start a business from an average of US$ 2,000 to US$ 100.

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