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Day 7 – “Gender and Water Day” Monday 14 November 2022 was gender and water day at COP 27. Events and meetings focused on one hand on the role of women in dealing with the challenges presented by climate change, and on the other hand with impacts of climate change on water systems. Highlights on … Read more
In a letter to fellow South Africans on 30 August 2021, President Cyril Ramaphosa described whistle-blowers as “important guardians of our democracy.” The President also said “While numerous systems are in place to enable whistle-blowers to report wrongdoing anonymously, we need to tighten up existing systems and provide greater support to those who publicly come … Read more
INTRODUCTION As explained in part one of this series, the Kingdom of Saudi Arabia (the Kingdom) is implementing a number of structural reforms to the mining sector. Among other things, the measures seek to stimulate private sector investment by intensifying exploration, building a comprehensive database of the Kingdom’s resources, reviewing the licensing procedures for mineral … Read more
We are delighted to launch our HSF Africa Week to mark the annual celebration of Africa Day on 25 May. In a video message, Herbert Smith Freehills CEO, Justin D'Agostino welcomes everyone to the start of the inaugural Africa Week which includes a series of Africa focused virtual events. These event seek to bring together African specialists and commentators to discuss critical issues and key trends across the continent, including energy transition, digitalisation, ESG, funding sources and intra-continental trade. Read more
When oil, natural gas, or similar natural resources are discovered the expectation is that their exploitation will dramatically and materially benefit the population of the host country. Notwithstanding this, developing nations frequently experience either (or both) increased corruption (through predatory rent-seeking) or paradoxically slower economic growth after the resources are discovered. This anomaly is often … Read more
Herbert Smith Freehills LLP is pleased to announce that the firm’s Africa co-Chair Stéphane Brabant has received a Lifetime Achievement Award from Chambers and Partners in recognition of his contribution to the legal profession and to the practice of law across the African continent. The award was announced at the Chambers Africa Awards 2021 webinar … Read more
Authors: Nila Wilde, Martin Kavanagh, Rebecca Major and Joanne Elson For Africa-focused developers and sponsors in the renewable energy market, ESG is likely in the forefront of your minds and it is important to show knowledge of what is expected in the responsible investing market in order to ensure swift project development and to enhance … Read more
Author: Rebecca Major In spite of the current economic and sanitary climate, we are seeing, and expect to continue to see, M&A deals in Africa, including in particular: deals already agreed before COVID-19/the drop in oil and gas prices; sellers looking to sell to raise money; and buyers with cash/available credit lines looking to leverage … Read more
The supplementary finance law for 2020, published in the Official Gazette on 4 June 2020, has amended the legal framework for foreign investment in Algeria with the aim of facilitating such investment in the country. This long awaited law implements the following principal changes: (i) the repeal of the 51/49 rule (save for the retail … Read more
