Author: Stephane Brabant and Etienne Marque THE CHANGING LANDSCAPE OF THE OIL AND GAS SECTOR The recent discoveries in the MSGBC basin (covering Mauritania, Senegal, the Gambia, Guinea-Bissau and Guinea-Conakry) have triggered a great deal of hope for the upstream industry, the host States and their populations. Indeed, the development of these fields could potentially contribute … Read more
Authors: Peter Leon, Olivier Binyingo, Paul Morton and Ernst Müller Since July 2017, the Government of Tanzania has introduced significant regulatory reforms to the mining industry (as well as the nascent upstream oil and gas industry). See our previous notes on these reforms here, here and here. Among the first of these changes was the enactment … Read more
Author: Peter Leon, Andrew Cannon, Iain Maxwell and Hannah Ambrose The last few months have seen significant changes to mining regulations in various African states, giving rise to a concern that a regional trend of resource nationalism may be (re-)emerging. In this context it is important for companies associated with the mining sector to be … Read more
Author: Vanessa Naish, Professional Support Consultant, London The London Court of International Arbitration (the LCIA) and the Government of Mauritius have announced the termination of their joint venture which established the LCIA-MIAC Arbitration Centre. LCIA-MIAC was created in 2011 as a focal point for international arbitration in Africa. In terminating the joint venture both the … Read more
Author: Peter Leon,Co-Chair of Africa Practice Group The seemingly increasing trend towards nationalist thinking, combined with and likely driven by growing economic inequality, has resulted in several changes in mining and tax legislation in sub-Saharan Africa countries. Herbert Smith Freehills Africa Group co-chair and partner Peter Leon says the recent and significant changes to mining regulations … Read more
Authors: Peter Leon, Bertrand Montembault and Paul Morton INTRODUCTION On 9 March 2018, President Joseph Kabila signed into law significant changes to the Democratic Republic of Congo’s (“DRC”) mining code (the “Revised Code”).1 The Revised Code, which amends the 2002 Mining Code2 (the “2002 Mining Code”), was adopted by both houses of Parliament on 27 … Read more
Sudan has become the 159th Contracting State to the 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards. On 26 March 2018, Sudan deposited its instrument of accession to the Convention with the UN Secretary General. In accordance with its article XII (2), the Convention will enter into force in Sudan … Read more
