It is reported that contracting entities are required to set aside 25% of public procurement for those MSMEs with a minimum 51% Liberian ownership, and the primary signatories of their bank accounts must be Liberians. Within this 25%, 5 percentage points in value terms is reserved for women-owned MSMEs. However, according to the authorities this has not been applied in practice.

Liberia is not a party to the World Trade Organization (WTO) Agreement on Government Procurement (GPA) nor does it have observer status.

There are no foreign ownership limitations in sectors relevant for digital trade.

Liberia is not a signatory of the 1996 World Trade Organization (WTO) Information Technology Agreement (ITA) nor the 2015 expansion (ITA II).

Lesotho has established several limits on transactions that can be carried out with mobile money. Yet, in September 2020, the Central Bank of Lesotho informed that it had given authorisation to mobile money issuers to increase transaction limits for duly identified and verified mobile money customers. The Bank increased transaction limits to LSL17,500 (approx. USD 1,100) daily limit and LSL 30,000 (approx. USD 1,900) monthly limit for full KYC clients. For partial KYC clients, the transaction limits are LSL 10,000 (approx. USD 600) daily limit and LSL 20,000 (approx. USD 1,300) monthly limit. Customers are categorised into partial KYC and full KYC depending on the amount of information available to mobile money service providers.

It is reported that electronic funds transfers are limited to USD 10,000 per transaction for transfers to local bank accounts, while for external bank accounts, the limit is USD 50 million.

It is reported that the de minimis threshold, that is the minimum value of goods below which customs do not charge duties, is USD 15 (Intra-Southern African Customs Union) and USD 35 (Extra-Southern African Customs Union), below the 200 USD threshold recommended by the International Chamber of Commerce (ICC).

Lesotho does not have a legal framework that applies consumer protection to online transactions.

Lesotho has not signed the United Nations (UN) Convention on the Use of Electronic Communications in International Contracts.

Lesotho has not adopted national legislation based on or influenced by the United Nations Commission on International Trade Law (UNCITRAL) Model Law on Electronic Commerce.

Lesotho has not adopted national legislation based on or influenced by the United Nations Commission on International Trade Law (UNCITRAL) Model Law on Electronic Signatures.

Type approval procedures are regulated by the Lesotho Communications Authority (LCA). It is reported that the conformity requirements are similar to those of the European Union (Declaration of conformity according to EU directive 2014/53/EU). The homologation process in Lesotho does not require local laboratory testing or contact with local representatives.

Regulation 5 of the Communications (Subscriber Identity Module Registration) Regulations mandates that licensees must retain the subscriber information obtained during registration. According to Regulation 2, a licensee is defined as an entity licensed by the Authority to provide and facilitate communication services, commonly referred to as a network operator or service provider. Subscriber information encompasses the personal details of a subscriber that are recorded and stored by a licensee. Regulation 14 further requires licensees to maintain a record of subscriber details that have been electronically verified by the National Identity and Civil Registry.
In addition, under Regulations 10 and 23, licensees are required to retain records of any deactivation, deregistration, and SIM swap information. SIM swap information must be kept in a traceable database for a period prescribed by the Authority.
According to Regulation 15:
- When the subscriber is a company, the licensee must retain details of both the company and its authorised representative.
- When the subscriber is a company employee, and the company is under contract with the licensee, the licensee must retain details of both the company and the employee.
- When the subscriber is an institution, the licensee must retain details of both the institution and its representative.
- When the subscriber is a child, the licensee must retain details of both the child and the parent or guardian.
- When the subscriber is a visitor, the licensee must retain the visitor's personal details.
- When the subscriber is a foreigner, the licensee must retain the foreigner's personal details.
- When the subscriber is a refugee, the licensee must retain details of the refugee.
- When the subscriber is a diplomat, the licensee must retain the diplomat's personal details.