The study, Balancing Rules and Flexibility for Growth, conducted by KPMG and ACCA, focuses on corporate governance requirements in 15 markets across Africa. The study aims to understand the evolution of corporate governance codes and the state of adoption of OECD Principles 2015. The study also examines the clarity and completeness of corporate governance requirements and other factors influencing corporate governance requirements. The report emphasizes the importance of adequate and effective corporate governance frameworks in developing economies, particularly in Africa, which is experiencing rapid economic growth. The study highlights the need for balancing rules and flexibility to support growth while ensuring effective corporate governance.