New Obligations related to the Public Register of Beneficial Owners in Algeria
The Decree No. 23-429 dated 29 November 2023, concerning the Public Register of Beneficial Owners of Algerian legal entities (“Decree 23-429”) has been published in the Official Gazette on 30 November 2023. Key Points:
Continuing Challenges for African Trade
Article compiled by John Mare, largely based on proceedings of an Africa-Europe Centre for Trade & Investment (AECIT) Round Table which took place at the Henley Business School SA campus. First published in the Business Day on 28 November 2023. The beneficial effects of trade on any economy are well known and an up-scaled trading […]
Doing Business in Africa: Risk Mitigation Strategies, Due Diligence on Acquisition Targets and Local Partners
Africa is a continent bursting with business growth, development and investment opportunities. This emerging market brings with it increasing business interest across all sectors. With these opportunities come risks and challenges related to navigating the increasingly complex regulatory landscape and ensuring due diligence on all aspects related to business and investment opportunities, especially on acquisition […]
New Land Allocation Law: Investment Opportunities
Following the recent Investment Law No. 22-18 of 24 July 2022 (“Law 22-18”)and its implementing regulations, a long-awaited new law on land allocationwas published in the Official Gazette of 16 November 2023. With the aim of promoting and facilitating investment, Law No. 23-17 of 15November 2023 (the “Law 23-17”) establishes the terms and conditions for […]
Woman lawyers making great strides in Africa
2023 marks the 100th anniversary of the Women Legal Practice Act which allowed women to be admitted as legal practitioners in South Africa. Women however continue to face challenges in the legal and other professions. Amina Larbi, founding partner at LEX Africa member, Medlar Lawyers & Legal Advisors in Tunisia, says she was lucky to […]
LEX Africa member appointed to AFSA International Arbitration Panel
John Carr-Hartley, managing partner and head of litigation and arbitration at LEX Africa member firm, Armstrongs, has been appointed to the Arbitration Foundation of Southern Africa (AFSA) International Arbitration panel. “It’s a great honour to be invited onto the international panel. You can’t apply. You are invited to submit an application, which in itself is […]
Namibia: a vast country with a small population and endless opportunities
Namibia is a vast, sparsely populated country situated along the south Atlantic coast of Africa. “Second to Mongolia, Namibia is one of the least densely populated countries in the world,” says Irvin Titus, partner at Koep & Partners, the LEX Africa member firm in Namibia. Approximately two thirds of the country is savanna and semi-arid […]
Enhancing Cross-Border Trade and Investment through Regional Economic Communities and the African Continental Free Trade Area
Cross-border trade and investment opportunities are a critical need for many regions across the African continent. To solve this need, various Regional Communities have been formed. These regional communities are crucial in promoting trade and investment by fostering economic integration, reducing trade barriers, and creating a more attractive and stable business environment. Their efforts contribute […]
Werksmans hosts lawyers from the latest LEX Africa member
The most recent firm to become a member of LEX Africa, in June 2023, is JLA Advogados from Mozambique. “Our partner firm in Angola, FBL Advogados, is a member of LEX Africa, and they introduced us,” says JLA partner Zara Jamal. Two JLA lawyers recently spent a week at South African LEX Africa member Werksmans […]
LEX Africa member Thiam & Associés wins major African Legal Award
LEX Africa’s member for Guinea Conakry, Thiam & Associés, won the West African Law Firm of the Year (medium sized firm) category in the annual African Legal Awards 2023 hosted by Law.com. Amadou Barry, lawyer at the firm says, “The award is the fruit of a process that started a long time ago – the […]