The African continent as a whole remains heavily dependent upon fossil fuels with the likes of South Africa and Nigeria remaining over 70% dependent on non-renewables. The potential for a green transition over the coming years remains pertinent, yet a long way off.
Tunisia is in the process of launching its first generation renewable energy projects. As part of this process, the state plans to build renewable energy projects with a capacity of 500 MW. Annual investment for these projects is estimated at USD400 million, which will improve Tunisia's energy autonomy, reduce production costs and create jobs.
Our guide to the issues likely to impact businesses and the key measures taken by African governments in response to COVID-19.
DLA Piper Africa is pleased to announce that nine lawyers from across the continent have been recognised as Women Leaders by legal directory IFLR1000. The IFLR1000 Women Leaders rankings recognise the most prominent female lawyers working in the areas of financial and corporate transactions and contract, licensing and regulatory project work, within their jurisdictions
Naana Frimpong, a Litigation and Regulatory partner based in Atlanta, has been appointed to the DLA Piper Africa Board effective from 1 September 2021.
The coming into effect and promulgation of the African Continental Free Trade Area (AfCFTA) has ushered in a new and exciting era for the continent. AfCFTA aims to enhance intra-African trade by providing a complete and mutually beneficial trade agreement among Member States. It covers goods and services, investment, intellectual property rights and competition policy. On December 5, 2020, the African Union Assembly approved the start of trading under AfCFTA as of January 1, 2021.