Investment Climate Rebounds – Launch of IFLR’s Africa Market Makers Guide

Click here to read all chapters of IFLR’s Africa Market Makers 2021

With a young population and a large consumer base, Africa remains the source of global economic potential. The African Development Bank forecasts that the continent’s real GDP will expand by 3.4% in 2021, after contracting by 2.1% in 2020. The rebound will be led by a number of resumed infrastructure projects, a rebound in commodity prices and additional government support for companies affected by the pandemic.

With Africa’s penchant for imagination and entrepreneurship, new solutions will emerge to overcome obstacles. As governments, corporations and investors strive for prosperity, the demand for legal advice remains high.

Partner with experts closest to the action, IFLR brings you exclusive insight into some of the continent’s most important developments.

Despite the pandemic and the social unrest linked to the Hirak movement, Algeria has managed to reorganize its investment framework in order to attract foreign financiers. Key provisions of the changes to the 49/51 rule and Algeria’s strategic expansion to diversify its economy mark the topics of the article covered by Houda Sahri, Jean-Jérôme Khodara and Nahla Djabi of Matouk Bassiouny.

As one of the most resource-rich countries in the world, Angola has used its period of financial downturn to shape its economic policy. José Miguel Oliveira of Vieira de Almeida and António de Sousa Penelas of ASP Advogados look at how the country can stay competitive in its favorite industries and thrive in new areas.

Mozambique continues to display its appeal to foreign investors and is enjoying one of its most politically stable periods in recent years. Guilherme Daniel of GDA Advogados and Teresa Empis Falcão of Vieira de Almeida explain how the proposed reforms seek to “maximize and monetize” the country’s rich resources and develop an investment environment.

In Nigeria, Chukwubuike Onwuzurumba and Chrysolyte Egonu of Oake Legal assess the impact of the Companies Act No. 3 of 2020 and related issues for investors. The authors assess the opportunities offered to investors by the LLP structure, as well as the advantages and disadvantages of corporations and partnerships as investment vehicles.

The article by Mahmoud Bassiouny, Yassir Ali, Nadia Abdallah and Amgad Nagy de Matouk Bassiouny explains how Sudan has taken important steps to attract the attention of domestic and foreign venture capitalists. This includes a combination of new investment authorizations, incentives, social responsibility benefits and improved dispute resolution mechanisms.

In the Middle East, the United Arab Emirates is the preferred target of foreign investment from all over the world. Jirayr Habibian of Matouk Bassiouny provides an overview of key themes emerging from the executive regulations implemented for the new law on state movable pledges.

In addition to the chapters, Natasha Teja from IFLR examines the consequences of the disparity in discourses and definitions of ESG between African and Western countries, and Samallie Kiyingi, Director of Legal Affairs at the African Export-Import Bank, discusses the continent’s structured finance solutions behind the vaccination program for the general population.

As the investment climate rebounds, African market makers have a demanding 12 months ahead of them. We hope you enjoy hearing from the experts leading the way through the guide.

Click here to read all chapters of IFLR’s Africa Market Makers 2021

Prin Shasiharan

Senior Business Writer


Such. : +44 0 7779 8004

Email: [email protected]

Prin Shasiharan provides thought leadership with global legal counsel for IFLR’s analytical projects, in addition to managing contributions from partner firms. He has hosted and moderated high profile events involving leading legal practitioners. He also manages business collaborations for other Euromoney brands, including The Deal, Managing IP and ITR.

Prin has experience in the areas of compliance, financial crime and regulation, and previously worked for international organizations including the United Nations and the Council of Europe.

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