Conference held on Lobito Corridor Project in Angola
On 4 October 2024, LEX Africa’s member in Angola, FBL Advogados, in collaboration with LEX Africa and Abreu Advogados, organised a conference on the Lobito Corridor project which brought together more than 200 participants in Luanda, Angola. Speakers included the Angolan Minister of Transport, Ricardo Viegas d’Abreu and the focus of the discussions were on […]
The progress of industrial development across Africa
Thirty-seven African countries have become more industrialised over the past eleven years, according to a recent report from the African Development Bank, the African Union and the United Nations Industrial Development Organisation (UNIDO). South Africa held top position, with Morocco in second place followed by Egypt, Tunisia, Mauritius, and Eswatini. And Djibouti, Benin, Mozambique, Senegal, […]
The progress of internet connectivity in Africa
The boost in undersea cable capacity that is on the cards for Africa bodes well for the acceleration of internet availability and quality across the continent. Among other things, it promises to pave the way for a fintech and data centre boom across the continent and change the fortunes of the African countries that embrace the opportunities it provides. According to research firm […]
Digital currencies and services gaining momentum across the continent
A McKinsey report earlier this month highlights that although cash is still king in Africa its supremacy is likely to be increasingly challenged as e-payments gain momentum. With innovation escalating there is a shift in the way people pay for goods and services with electronic payments rapidly displacing cash and cryptocurrency and digital currencies emerging […]
Dispute resolution practices progressing across the continent
Dispute resolution practices vary in many respects from one African country to another, although some significant similarities are apparent. The latter includes a predominance of preference for litigation in handling disputes, for various reasons, although arbitration is gaining increasing acceptance, while mediation is lagging behind. This was highlighted in the responses LEX Africa received from […]
M&A activity on the rise in Africa in 2022
According to the recent Dealmakers Africa report, during the first quarter of 2022 the total value of deals in Africa – excluding South Africa – was $9,7 billion – an almost three-fold increase over that of Q1 2021 – off 196 transactions. North and West Africa were the two regions with the greatest deal activity, […]
Infrastructure developments in Africa
Infrastructure development is a key driver for progress across the African continent and a critical enabler for productivity and sustainable economic growth. According to the African Development Bank, investment in infrastructure accounts for over half of the recent improvement in economic growth in Africa and has the potential to achieve even more. A fund known […]
Major opportunities and challenges ahead for Angola
A vast Southern African country with a long coastline and central plateau, Angola borders Namibia, Botswana, Zambia, and the Democratic Republic of the Congo and has a population of 31 million. Colonised by Portugal in the 16th century, Angola has come a long way since independence in 1975 and so has its legal sector. Before […]
How will coronavirus affect Africa?
Maps illustrating how covid-19 raced across the globe show a pristine Africa, almost untouched by the disease in the early weeks of February 2020. Alarm bells should be ringing. The rapid spread of the coronavirus around the world strongly suggests it’s just a matter of time before Africa, too, falls ill. And, even if efforts […]
Community issues and resource nationalism adding pressure on the Mining industry
INTRODUCTION As if mining by its very nature is not difficult enough from a technical, financial, environmental and labour point of view, added pressure has been brought to bear upon mining companies generally in Africa as a result of the increasing community issues affecting mining operations and the general tendency of increased or “creeping” resource […]
