To mark the one year anniversary of the firm’s appointment of a representative in Africa, Afria Group Head Patrick Colegrave reflects on the state of the market, the value of the firm’s offering to Africa clients, and how Africa fits in with Harneys’ overall strategy.
What is the main purpose of Harneys’ representative presence in Africa?
A: In addition to the more traditional developed markets of the world, historically Harneys has had a strong focus on key emerging market regions. Harneys advises on British Virgin Islands (“BVI”), Cayman Islands and Cyprus law and a significant differentiator between Harneys and our lead competitors is the approach taken by us to develop our business in such emerging market regions. A distinguishing component of this approach is placing senior experienced offshore professionals from the relevant emerging market regions within such regions. I personally spend much of my time in sub-Saharan Africa, but together with my colleagues in our London office, also focus on the MENA region. In addition to Africa, we also have representative presences in Brazil and Central and Eastern Europe. Our representatives in these emerging market regions are supported by the wider network of Harneys’ offices in Montevideo, the Cayman Islands, the BVI, London, Cyprus and Hong Kong.
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