Tag archives: Africa

Competition law requirements when doing mergers in Africa: 10 Things to know

There have been a number of important developments in competition law across Africa over the past few years. An increasing number of African countries have implemented merger notification regimes. ​​​​​​​​​​​​​​Firms that wish to acquire businesses or expand their operations in Africa should be mindful that their transactions may require approval from regulator/s in the country/ies … Continue reading

Specialty lines insurance in Africa

Africa’s largely untapped specialty lines insurance market has significant opportunities for insurers willing to enter the region. As the market develops, more difficult and unusual risks will be written. Regulations which vary by country must be considered. For example, placing insurance with a locally licensed insurer is often a requirement or a percentage of the … Continue reading

US Regulators highlight importance of pre-acquisition due diligence to avoid liability for corruption

Increasing enforcement of anti-bribery and corruption regulations and an increased focus on compliance have made a pre-acquisition compliance due diligence a common feature of cross-border M&A transactions in Africa and elsewhere. Many experienced transaction attorneys and dealmakers will be aware of the limits of even the most thorough due diligence. This has led to concerns … Continue reading

Mauritius limited partnerships – as good as they seem?

The introduction of the Mauritius Limited Partnership Act in late 2011 marked a further development in that country’s strong investment framework offering. It has taken time for the partnership structure to take off, but recently there has been a move towards using the limited partnership as a vehicle for alternative investment funds looking to invest … Continue reading

Transacting in Africa – did you know?

Africa’s diversity is reflected in its legal systems.  The following legal curiosities give a taste of what makes the continent such an interesting, and sometimes challenging, place to transact. Did you know? A Nigerian guarantor cannot make payment under a guarantee denominated in South African Rand without a Certificate of Capital Importation. This is issued … Continue reading
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