Africa

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AfDB Steps In To Plug Funding Gap For African Countries

The African Development Bank is poised to expand lending across Africa in response to the sharp decline in earnings faced by many states and the rise in the cost of borrowing on international markets, the bank’s president says. Africa’s main commodity ex ...

Daily Headline - global.abi.org - 02/03/2016 - 22:10 - 0 comments

Angola Pledges Tighter Bank Regulation In Face Of Dollar Drought

Angola’s central bank has pledged to tighten financial regulation and step up anti-money laundering measures after two international banks halted US dollar supplies to the southern African nation. Bank of America and Standard Chartered decided to stop su ...

Daily Headline - global.abi.org - 02/02/2016 - 21:12 - 0 comments

Video (3 mins) | Africa | CEO of Munich Reinsurance Company of Africa in conversation with Norton Rose Fulbright

In October, Junior John Ngulube – CEO of Munich Reinsurance Company of Africa – joined Norton Rose Fulbright lawyers to discuss the complexity of doing business across Africa. They came up with a number of approaches to proactive dispute resolution inclu ...

Resource Article - twallace@abiwor... - 02/01/2016 - 10:56 - 0 comments - 0 attachments

Article from INSOL Europe (Week 18 - 24 January 2016) GlobalINSOLvency Editorial Board

Cross-border insolvency law primarily deals with situations where an insolvency procedure is initiated in one jurisdiction, in relation the property of a debtor who is situated in another jurisdiction. 1 The law of insolvency on the one hand, and the conflict of laws on the other, (Private ...

Resource Article - twallace@abiwor... - 02/01/2016 - 10:24 - 0 comments - 1 attachment

Restructuring Global Insight: Africa – institutionalizing secured lending | Australia – rise of the phoenix | more restructurings in 2016? Absolutely | reforms, gift cards + more (Attorney Advertising)

Welcome to issue 16 of Restructuring Global Insight, bringing you reports on breaking legal developments in restructuring law across borders and in jurisdictions around the world. This issue features: AFRICA ■Institutionalizing secured lending to S ...

Resource Article - twallace@abiwor... - 02/01/2016 - 08:55 - 0 comments - 0 attachments

Nigeria Asks For $3.5 Billion Emergency Loans

Nigeria has asked the World Bank and African Development Bank for $3.5bn in emergency loans to fill a growing gap in its budget in the latest sign of the economic damage being wrought on oil-rich nations by tumbling crude prices, the Financial Times ...

Daily Headline - global.abi.org - 01/31/2016 - 18:30 - 0 comments

Inside Africa | An essential business resource

Africa’s abundant natural resources, its growing renewable energy market and the increasing demand for infrastructure project investment means investors continue to be drawn to the continent. Our aim with Inside Africa is to enable anyone active in Afr ...

Resource Article - twallace@abiwor... - 01/29/2016 - 13:23 - 0 comments - 0 attachments

Norton Rose Fulbright launches Inside Africa

We are pleased to announce the launch of Inside Africa, a new microsite for sharing our vast knowledge and insight into Africa across a wide variety of industries. Inside Africa is a high-end, distinctive resource for businesses operating across the cont ...

Resource Article - twallace@abiwor... - 01/29/2016 - 12:50 - 0 comments - 0 attachments

African Economies, and Hopes for New Era, Are Shaken by China

Years of rapid economic growth across sub-Saharan Africa fueled hopes of a prosperous new era, the International New York Times reported. To many, the world’s poorest continent was finally emerging, with economies that were no longer dependent on the ...

Daily Headline - global.abi.org - 01/25/2016 - 21:40 - 0 comments

Anglo American Restructuring Begins: Plans To Sell Brazilian Mine

Anglo American plc has announced to sell high-quality Brazil-based niobium and phosphate mine for $1 billion. The company is taking steps to reorganize its portfolio before year-end financial results ... phosphate mine for $1 billion. The company is taking steps to reorganize its portfolio before year-end ...

Daily Headline - global.abi.org - 01/12/2016 - 23:51 - 0 comments

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