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.
Our corporate advisory lawyers have an impressive track record of advising major clients in the commercial arena and helping investors and developers set up operations in Zambia.
Our lawyers are fluent in the tax and regulatory requirements which arise in a myriad of commercial law transactions.
We are at home working for regional clients on local matters or on complex international deals and because we work across a diverse range of sectors, we have a rounded view of the market that adds more insight to the advice we give.
Experience has included advising:
- Addax-Oryz, a Swiss based company in its acquisition of Tanzania’s only oil refinery, Tanzanian and Italian Petroleum Refining Company Limited.
- A UK-based multinational bank and Deutsche Bank as joint- lead managers on Zambia’s first USD750 million sovereign bond.
- English and East African based client in the acquisition of refinery, storage, terminal and distribution facilities from SOLIMA the Malagasy national oil refinery.
- Trafigura Beheer BV on oil supply, transportation, refining and product marketing and sales in Zambia.
- "This distinguished and highly regarded law firm is active across the gamut of complex litigation and commercial law. The firm is particularly experienced in the fields of finance and energy." (Chambers & Partners 2019)
- Ranked Band 1 in General Business Law (Chambers & Partners 2019)
- Ranked Tier 1 in Financial and Corporate (IFLR1000 2019)
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