In this post, we describe the economic sanctions imposed by Canada since our March 28, 2023 update, including additional designations of Russian, Belarusian, Iranian and Haitian persons under existing sanctions regimes and a...more
“Zimbabwe is open for business” was the phrase of choice following the coup d’état of 2018 that led President Mnangagwa to power. There was anti-corruption rhetoric, hopes for transparent governance that would lead to...more
Our final section returns to trade policy with three narrower but equally important articles – the first in regard to US renewal of GSP benefits and the tension between the Biden administration's promise to protect US workers...more
Proposed Rules on CFIUS Mandatory Declarations Released: No More NAICS Codes! On May 21, 2020, the Department of the Treasury released a proposed rule that would modify the requirements for Committee on Foreign Investment...more
Industry Expert Insights - We reached out to one of our Lex Mundi partners and a well-known expert in the Netherlands in the energy and legal industries to get his thoughts on the current energy climate. Marc van...more
On November 12, 2019, FinCEN issued its latest Advisory on the Financial Action Task Force-Identified Jurisdictions with Anti-Money Laundering and Combatting the Financing of Terrorism Deficiencies and Relevant Actions by the...more
Crisis in Middle East Should Remind Us of the Importance of Fracking - "Oil prices are likely to spike in the short-term aftermath of the attack on Saudi Arabia, but, as Clifford Krauss and Stanley Reed of The New York...more
The world will get half its power from wind, solar by 2050 - Nearly half the world’s electricity will come from renewable energy by 2050 as costs of wind, solar and battery storage continue to plummet. That titanic...more
Drought leaves key African hydro dam less than a third full - A regional drought has reduced water levels at Kariba Dam, the main source of power for Zambia and Zimbabwe, to less than a third of its capacity. The dam is...more
Senegal takes delivery of wind turbines for its first large-scale wind farm' - Last week, Vestas wind turbines and components arrived at Port Autonome de Dakar for West Africa's first large-scale wind farm. ...more
Release of updated IRP imminent, says Radebe, as he allays coal producers' fears - Energy Minister Jeff Radebe has promised that the update of the Integrated Resource Plan (IRP), which reflects the government’s policy...more
IEA says world cannot "press pause" on renewables, as capacity growth stalls - The International Energy Agency (IEA) has expressed concern over the “unexpected flattening” of renewable-energy capacity additions in 2018,...more
Globeleq, Aurora Power Solutions to build PV projects in Zambia - Independent power producer Globeleq and renewable energy company Sola Group’s Aurora Power Solutions have been awarded two 20 MW solar photovoltaic (PV)...more
Ramaphosa's Saudi deal a boost for renewables - President Cyril Ramaphosa's recently signed ZAR12 billion renewable energy investment deal with Saudi Arabia, was widely welcomed as a much-needed lift for the economy and...more
The Situation: In November 2017, Robert Mugabe, the only leader Zimbabwe had known in 37 years, was ousted from power. The Development: Will this change in leadership usher in a new era of good governance and economic...more
Weekly projects and energy updates in South Africa - Sky is the limit for opportunities in renewable energy market - The global solar industry is a fascinating sector. For a technology that is essentially fairly...more
Privy Council clarifies the nature of arbitration clauses, but uncertainties about the clauses’ effect still remain. “Non-exclusive” arbitration clauses provide that disputes “may” be referred to arbitration (rather than...more
Since 2010, the Justice Department and the SEC have been “investigating” a number of private equity and hedge funds for FCPA violations. The launch of the inquiries was a big deal with lots of fanfare and focus on private...more
Leading the News - Cote d’Ivoire - On March 13th, Al Qaeda in the Islamic Maghreb (AQIM) gunmen armed with assault rifles stormed the beach hotels in Grand-Bassam, a region population with Ivoirian and Western...more
Leading the News - Burundi - On February 12th, the United Nations (U.N.) Multidimensional Integrated Stabilization Mission in the Central African Republic (CAR) (MINUSCA) announced its decision to repatriate three...more
Leading the News - Burundi - On February 5th, newly elected African Union (AU) Assembly Chairman and President of Chad Idriss Deby appointed a high-level delegation of five African heads of state to negotiate with...more
Leading the News - Burundi - On January 29th, Burundian authorities released a British and a French journalist who were arrested during a sweep for rebels in flashpoint districts in Bujumbura. The U.S. and European...more
Leading the News - Burkina Faso - On January 15th, Al Qaeda in the Islamic Maghreb (AQIM) claimed responsibility for a string of attacks in Burkina Faso that took the lives of 29 civilians from at least seven...more
Leading the News - Libya: On December 11th, the new United Nations (U.N.) Special Representative for Libya Martin Kobler announced the parties to the country’s political dialogue process reached an agreement to...more
Leading the News - Nigeria: On December 1st, the United Nations (U.N.) reported nearly 450 schools have reopened in Borno state, Nigeria since October after being closed for more than 18 months following the Boko...more