Africa

News & Analysis as of

Morocco back home; the Moroccan flag flies high in front of the African Union

We continue our Africa Stand Up series with a short piece on what has to be the unsung giant impacting Sub-Saharan Africa. On 13 March 2017, the Moroccan flag was officially raised in a ceremony at the African Union (AU)...more

Regeneration of African Inner Cities

It is said that the shift from rural to urban population is the most significant phenomenon since independence in most African countries. Projections indicate that by 2030, Africa’s population will exceed that of Europe,...more

Possession and Using of Drugs

A recent case at the Dubai Court of Cassation was overturned based on a procedural error by the public prosecutor and police. Al Rowaad Advocates and Legal Consultancy represented a client from an African country who was...more

Judge gives .AFRICA the green light to proceed

As previously reported here, the Internet Corporation for Assigned Names and Numbers (ICANN) has been sued by the disgruntled new generic Top Level Domain (gTLD) applicant, DotConnectAfrica, in order to prevent the delegation...more

Projects and Energy Weekly Snippets

NERSA caps Eskom tariff hike at 2.2% - The National Energy Regulator of SA (NERSA) said on Thursday Eskom’s tariff increase for 2017-18 would be limited to 2.2% when the new prices come into effect on 1 April....more

Mass Withdrawal from the International Criminal Court. What does this mean for African disputes?

On 30 January 2017 the African Union ("AU") voted in favour of the collective withdrawal by its member states from the International Criminal Court ("ICC"). This was a bold move considering a withdrawal of such magnitude...more

Antitrust, Competition and Economic Regulation Quarterly Newsletter - Winter 2017

FTC takes another look at merger remedies - On 3 February 2017, the U.S. Federal Trade Commission (“FTC”) released its Merger Remedies Study, which analyzed the success of merger remedies imposed by the FTC from 2006 to...more

Africa Stand Up: Navigating the new world order

Following a year of landmark political changes, could it be that the time has never been more opportune for Africa to seize control of its place in the global market? Whilst it is still too early to predict the long-term...more

Projects and Energy Weekly Snippets

Weekly projects and energy updates in South Africa Eskom sticks on price for renewables The standoff between the Department of Energy and power utility Eskom looks set to continue for a while, with both sides digging in on...more

The China-Africa Joint Arbitration Centre

The China-Africa Joint Arbitration Centre (CAJAC) was established in August 2015 to address resolution of commercial disputes between Chinese and African parties....more

The Obama Administration Eases Sanctions Against Sudan

On January 13, 2017, the White House, the U.S. Department of Treasury ’s Office of Foreign Assets Control (OFAC) , and the U.S. Department of Commerce ’s Bureau of Industry and Security (BIS) announced a host of policy...more

Hogan Lovells Global Payments Newsletter l January 2017

Welcome to the Hogan Lovells Global Payments Newsletter. In this monthly publication we provide an overview of the most recent payments, regulatory and market developments from major jurisdictions around the world as well as...more

2016 Global Cartel Enforcement Report

Authorities launched new criminal probes, obtained guilty pleas from companies and executives and imposed hefty fines as aggressive enforcement continued. Several significant developments occurred in cartel enforcement...more

In Conversation with Norm B Coleman

1. Despite dire predictions about how his election might affect investor confidence, the U.S. stock market is surging.  Still, global markets see Trump as an uncertainty. What does a Trump presidency mean for businesses...more

New president for Ghana but business as usual for foreign investment

It was a case of third time lucky for Nana Akufo-Addo, leader of the official opposition (New Patriotic Party) this past weekend as he claimed victory in Ghana’s general elections against President John Dramini Mahama...more

FCPA Compliance Report-Episode 294-Chris Tomlinson [Video]

What are the effects of corruption on the ground in Africa? In this podcast, I visit with Houston Chronicle business columnist Chris Tomlinson who discusses his experiences as a journalist in Africa. ...more

Real Estate Gazette: focus on Africa’s burgeoning real estate sector and investment opportunities Issue 26

Think of Africa and chances are you will be transported to a sun-blushed savannah, where beautiful wild elephants roam across the plains. Or you may think of the monolithic churches of Ethiopia, the reggae and hip hop sounds...more

Top Ten International Anti-Corruption Developments for September 2016

In order to provide an overview for busy in-house counsel and compliance professionals, we summarize below some of the most important international anti-corruption developments from the past month, with links to primary...more

FCPA Enforcement Action Highlights Risks for the Financial Services Industry and Individual Executives

New York-based hedge fund Och-Ziff Capital Management Group (the “Hedge Fund”) agreed to pay approximately $412 million to resolve charges brought by the U.S. Securities and Exchange Commission (“SEC”) and Department of...more

Building on a New Foundation: U.S.-Africa Trade & Investment

As a result of the initiatives put into place over the last two decades, the United States has positioned itself to take advantage of Africa’s economic resurgence, suggests a report issued by the Office of U.S. Trade...more

Major FCPA Enforcement Action Against Nation’s Largest Publicly Traded Hedge Fund

In one of the largest FCPA settlements in history, hedge fund Och-Ziff Capital Management Group LLC (“Och-Ziff”) recently resolved a long-running government inquiry by agreeing to $413 million in financial penalties and a...more

DOJ and SEC Deliver Body Blow to Private Equity and Hedge Funds: Och-Ziff Settles FCPA Violations for $412 Million (Part I)

The Justice Department and the Securities Exchange Commission delivered a powerful FCPA enforcement message to private equity and hedge funds. Och-Ziff settled with the DOJ and SEC for total penalties of $412 million....more

Energy Update - April 2016

We are pleased to release the latest issue of our client newsletter, Energy Update, designed to inform clients and friends of the firm about important developments affecting US and international energy markets. Please...more

Implementing Islamic Financing for Renewable Energy Projects

The Middle East and North Africa (MENA) region has recently seen a surge of interest in developing renewable energy, in particular solar energy projects. Led by Morocco and Jordan which have successfully implemented numerous...more

5 things to know about PPPs in Senegal

1. Public Private Partnerships are the “Main pillar of the Plan Senegal Emergent”. The Plan Senegal Emergent (PSE) is the country’s strategic plan for development and economic growth over the next decade. The PSE aims...more

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