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, […]
Mixed fortunes ahead for African countries in 2023
Economic growth in Africa is expected to slow to 3.8% in 2023, from 4.1% in 2022, according to the United Nations World Economic Situation and Prospects (WESP) 2023 report. In terms of how this is expected to play out across the continent, it says growth is expected to ramp up slightly in West Africa, remain […]
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 […]
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 […]
Jump the gun, bite the bullet: Consequences of failure to notify a merger in Africa
Article by Paul Coetser, Director & Head of Competition, and Sandiso Dhlomo, Candidate Attorney of Werksmans Attorneys, South Africa It is no longer a surprise that many, if not most, African countries now have competition laws. In addition, Africa has five regional economic areas with competition rules. In many of these countries and regional areas, […]
Harnessing the power of renewable energy in Africa
A case of do or die for Africa to reduce its reliance on fossil fuel for generating electricity Africa is estimated to contribute less than 4% to the world’s total greenhouse gas emissions. But global warming will have the most devastating effect on Africa and the livlihoods of its people if the world fails to […]
Tax in African countries
The African Union is on a drive to make the continent economically self-sufficient and some observers believe fixing tax collection is a low-hanging fruit in this endeavour. Africa’s tax-to-GDP ratio is about 18%, while in the developed countries of the OECD it is 34%. In Nigeria, Africa’s largest economy, the number is just 5.9%. Many […]
LEX Africa welcomes new Moroccan member to the Alliance
It gives us great pleasure to welcome a new member to the Alliance for Morocco, Bennani & Associés. Bennani & Associes are ranked in all major legal directories for its expertise in corporate/commercial work, M&A and Dispute Resolution law. They are a leading firm in Morocco, Algeria and Tunisia ad have an excellent reputation and […]
