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There are so many ESG-related publications and developments that it is hard to keep abreast of them all. For this reason, HSF publishes a monthly tracker of ESG-related publications and developments, with a primary focus on developments that may be of most interest to or impact our clients in the Southern African Development Community, be … Read more
Release of the draft text Thursday 17 November saw the UN climate agency publish the draft text of the COP27 overarching agreement, the focus of the last week of negotiations and the document that will symbolise COP27 for years to come. The text appeared to still be in a very preliminary stage and many voiced … Read more
The following article by Nina Bowyer, a partner based in our Paris office and the co-Head of the firm’s Africa Practice Group, and Barbara McNulty, an associate based in our London office, was first published by Africa Oil Week (AOW) ahead of AOW 2022, taking place in Cape Town in October 2022. Herbert Smith Freehills … Read more
Egypt has recently announced a partnership with the European Bank for Reconstruction and Development (EBRD) for the development of a hydrogen strategy as part of the government’s ambitious energy transition plans. It was reported that Egypt would allocate $40 billion to fund the implementation of the strategy, with the aim of achieving a production capacity … Read more
The green energy transition presents an “unparalleled” opportunity for Zambia, but for it to work, the mining sector needs a fair, predictable and stable regulatory framework, law firm Herbert Smith Freehills partner and Africa co-chair Peter Leon said during an address at the Chatham House Conference, in Lusaka, Zambia, on March 30. The administration of … Read more
The recently approved Directive of the European Parliament and of the Council on Corporate Sustainability Due Diligence 2022/0051 (COD) (Directive) – Small remit, but a massive net. Slightly less than one year after the Commission received backing from the European Parliament to move forward on human rights and environmental due diligence (we previously reported on … Read more
Joanne Elson, a senior associate in the firm’s finance practice in London moderated a panel discussion on “Financing IPPs in the Age of Transition” at the Africa Investment Exchange (AIX) Power & Renewables event, which took place in London in November. Joanne was joined by distinguished panellists: Andreas Cremer (Director, Infrastructure & Energy, DEG), Conal Duffy … Read more
Author: Rebecca Major The following article was first published by Jeune Afrique in The Africa Report (N° 116, July-August-September 2021) International investors need to reduce their carbon footprint globally and are being pushed by market forces, legislators, courts and shareholders to do so. Africa needs an “energy progression” as well as an “energy transition”. In … Read more
Click here for the English translation Cet article a initialement été publié par Jeune Afrique dans son numéro du 1er Juin 2021 La transition vers une économie sobre en carbone s’accélère à la faveur des plans de relance économique dont les objectifs à cet égard sont ambitieux. Or pour les économistes, la transition énergétique n’aura … Read more