Adams Advisory - Africa Update 2020
"Innovation inputs and outputs are still concentrated in very few economies; a global innovation divide persists”. Unfortunately, Africa is still depicted as the poor relation in the whole spectrum of innovation and Intellectual Property uptake. Read Adams & Adams' Advisory Insights into African investment opportunities.
"Innovation inputs and outputs are still concentrated in very few economies; a global innovation divide persists”.
Unfortunately, Africa is still depicted as the poor relation in the whole spectrum of innovation and Intellectual Property uptake.
Read Adams & Adams' Advisory Insights into African investment opportunities.
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SÃO TOMÉ<br />
AND PRINCIPE<br />
KEY OPPORTUNITIES & CONCERNS<br />
+ Agriculturally-productive land is being well-managed for profitable exports<br />
+ Tourism sector has good growth potential<br />
+ Discoveries of offshore oil and natural gas reserves can start a local energy sector<br />
– Fluctuating commodity prices can destabilise the cocoa and coffee exports as well<br />
as future oil and gas exports<br />
– Islands’ isolation off West <strong>Africa</strong> has made the country often invisible to business<br />
investors and tourists<br />
– Poor rural infrastructure impedes economic and social growth<br />
Registry Offices<br />
Registry Visit<br />
<strong>Adams</strong> & <strong>Adams</strong>’ Mozambique partner, Elio Teixeira, travelled<br />
to São Tomé in São Tomé and Principe in November 2019 to<br />
meet with the Registrar of the National Intellectual Property<br />
and Quality Service (SENAPIQ), Mr. Domingos da Silva da<br />
Trindade. We were encouraged to learn of the Registry’s<br />
computerisation project, supported by WIPO, which seeks<br />
to create an electronic database of the Registry’s records.<br />
The aim is to complete the project within the first quarter of<br />
<strong>2020</strong>. Completion of the project is set to improve the speed,<br />
accuracy and quality of registration certificates. The Registry<br />
now publishes journals quarterly, an improvement from the 3<br />
editions published annually in the past.<br />
AFRICA UPDATE <strong>2020</strong> | 37
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