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ALGERIA: Likely changes in the Investment Legal Framework

Africa Update

On 6 October 2015, the Algerian Council of Minister approved draft legislation regarding the development of investments (the “Draft Investment Act“).  The Draft Investment Act contains important potential changes to the investment legal framework and seeks to encourage foreign direct investment. The Draft Investment Act proposes to repeal the existing provision requiring a surplus balance in […]

China in Africa: have Chinese investors become more cautious?

Africa Update

Does China think Africa is still a good return on investment? Recent coverage by the financial press has cast doubt about the vigor of the China-Africa relationship, pointing to a new skepticism among Chinese banks and investors for projects in Africa. The Wall Street Journal ran a piece in May addressing this cautiousness, “China Takes […]

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