One of the largest Africa investment gatherings took place on the 8th to 10th May 2019 in London, Westminster Plaza. The annual investment event is one of the largest Africa investment gatherings outside of Africa with a special focus on Infrastructure, Mining and Energy investment opportunities in the region. This year the conference brought together … Read more
Authors: Rebecca Major, Jeremy Griffin and Mika Morissette Since the collapse of Somalia’s central state in 1991 and the ensuing decades of civil war, the central government’s ownership rights over Somalia’s oil and gas have been called into question, particularly in Somalia’s semi-autonomous regions. As set out below, the central government (the Federal Government of … Read more
Authors: Andrew Cannon, Natalie Yarrow and Rebecca Warder The Republic of Djibouti is the latest country to become a signatory to the Convention on the Settlement of Investment Disputes between States and Nationals of Other States (the ICSID Convention). Djibouti’s Minister of Economy and Finance, Ilyas Moussa Dawaleh, signed the ICSID Convention on 12 April … Read more
Business Africa Magazine has published an interview with Stéphane Brabant, who is the co-Chair of the firm’s Africa Practice and a business and human rights specialist, which discusses concerns over respect for the Rule of Law in certain African jurisdictions. A link to the interview (which is currently available in French only) is available on … Read more
Authors: Frédéric Bouvet, Rudolph du Plessis and Siddhartha Shukla Following a period of recent change for the worse in M&A (and PE exits) activity, due to political uncertainty and governance issues, can local strategy – combined with Africanising operations – and positive business sentiment improve the current state of affairs? Read more
Authors: Dr Matthew Burnell and Jonathan Ripley-Evans Prosecutions of environmental law transgressions are steadily increasing. In 2014, South Africa saw its first director sentenced (albeit by way of a suspended sentence) to imprisonment without the option of a fine1. Five years later, South Africa has now also seen the first successful private prosecution in the … Read more
Author: Dr Matthew Burnell We have recently come across decisions made by Regional Managers within South Africa’s Department of Mineral Resources (“DMR”) in terms of sections 24P (Financial provision for remediation of environmental damage) and 28 (Duty of Care) of the National Environmental Management Act (“NEMA”). The Regional Manager does not have the requisite authority … Read more
Authors: Stéphane Brabant, Bertrand Montembault, Paul Morton and Etienne Marque INTRODUCTION Senegal has been at the forefront of the emergence of the MSGBC basin (covering Mauritania, Senegal, the Gambia, Guinea-Bissau and Guinea-Conakry) in the global upstream industry. Accordingly, the new revision to the country’s petroleum legislation has been expected with anticipation. On 1 February 2019, … Read more
