Here’s your Daily Brief for August 19th:

ICT regulation relaxed to attract foreign investors (via Business Daily) – It is clear that ICT is going to be Africa’s “Renaissance”. With SEACOM and TEAMS boosting connectivity levels, the government of Kenya is reviewing its laws and regulations to better attract foreign investment to the sector.

The government has dropped a cap on foreign ownership of telecoms (previously at 80%), now allowing them to launch operations without a local partner for the first 3 years.

The ICT Sector – An Emerging, Virtual Trade Route and Hub in Africa (via AfriBiz) – Going off the previous article on ICT regulatory reform in Kenya, here is a look at the overall ICT Sector in Africa.

A Response to the WSJ Micro-Credit Crisis Article – Vikram Akula of SKS Microfinance writes a biting letter to the editor in response to the article I linked to the other day on the “Micro-Credit Crisis” in India.