Free Reads New Rules Targeting Foreign Capital Send Mixed Signals In African Tech By Staff Reporter  |  May 26, 2026 For over a decade, venture capital has been welcomed into African markets with open arms as the missing ingredient for a tech revolution. This year, a cascade of new laws across the continent is sending mixed signals. Ghana, Kenya, and Uganda have all advanced or enacted measures in recent weeks that tighten scrutiny on foreign capital, from ownership restrictions in strategic sectors to exit taxes and stringent disclosure rules. The cumulative effect is rattling investors and founders at a precarious moment for the continent’s startup ecosystem. In Accra, a contradictory picture is taking shape. Last month, parliament passed the Ghana Investment Promotion Authority Bill, 2026, scrapping the notorious USD 500 K minimum capital requirement for wholly foreign-owned enterprises; a move hailed as a game-changer for tech founders. But tucked into Section 37 of a draft National Information Technology…