Hugo Moredo Santos, partner, and Nuno Castelão, principal consultant, look at three countires experiencing growth in th banking and finance and capital markets sectors, in partnership with the Legal Business, in its dec/jan 2019 edition.

African countries have been subject to significant legislative reform over the past two decades. This reform process has now reached a particulary relevant stage, which has seen some African banks stepping up to the challenges faced by these countries by creating opportunities for the development of their markets.

The three countires in analysis are Mozambique, Cape Verde and Angola, and that their "recent legislative developments present vivid examples of the growth of Portuguese-speaking Africa's capital markets and banking sectors."