Kimberly Stietz

Kimberly Stietz

Associate

Kimberly Stietz is an associate in the firm’s Washington DC office where she practices in the Litigation, White Collar, and Africa group.

Subscribe to all posts by Kimberly Stietz

Register Now: Law and Crisis Management Event with The Honorable Eric Holder, Wednesday June 3rd

Join us tomorrow, June 3, 2020, from 10:00 a.m. – 11:30 a.m. for a webinar featuring The Honorable Eric Holder, 82nd Attorney General of the United States, to discuss the topic of Law and Crisis Management: Working with Lawyers in Business, Government, and Society to Manage the Challenges of COVID-19. You may register for this … Continue Reading

Coronavirus: Potential Implications for Africa

The Coronavirus (hereinafter “COVID-19”) is upending lives around the world—equally in developed and developing countries. Some are already affected by the deadly impact of COVID-19 (e.g. China, Italy, and France), while others’ lives have been altered due to efforts taken to “flatten the curve,” to ensure hospital systems are not overrun with patients in need … Continue Reading

Top Issues to Watch in Africa in 2020

Commencement of the AfCFTA. The landmark African Continental Free Trade Area (AfCFTA) is slated to go into force on July 1, 2020. When fully implemented, the trade agreement will eliminate tariff and non-tariff barriers, and substantially increase intra-regional trade to volumes worth over $3.3 trillion. Twenty-nine countries have deposited their instruments of ratification, and Eritrea … Continue Reading

Top Ten Issues to Watch in Africa in 2019

Africa’s Growth Prospects. Africa’s gross domestic product (GDP) is expected to grow at 3.8 percent in 2019, which is a significant improvement over last year’s regional growth rate of 2.6 percent. Excluding the continent’s largest economies (Angola, Nigeria and South Africa), which are growing collectively at an average of 2.5 percent, the aggregate growth rate … Continue Reading

China in Africa: Recent Developments

In 1998, China announced its “go out” or “go global” policy aimed at encouraging its enterprises to invest overseas. In 2013 this policy was reinforced with China’s introduction of its One Belt, One Road (OBOR) or “Belt & Road” initiative, which seeks to enhance development and trade routes in the region, connecting China with other … Continue Reading

Compliance Risks from Local Content Requirements – Considerations for Doing Business in Africa

Over the last several decades, Foreign Direct Investment (FDI) by multinational companies has become a critical engine of economic growth in Africa, with FDI in the extractive industries particularly significant. A common response by local governments in Africa to increased FDI is “local content” requirements, which are designed to ensure the participation of the local … Continue Reading

What Companies Need to Know About France’s Loi Sapin II Anti-Corruption Law

On June 3, 2018, French tycoon Vincent Bolloré warned investors that Groupe Bolloré—a logistics provider with extensive operations in former French colonies in Africa—may suffer negative commercial and financial consequences as a result of a corruption investigation initiated by French authorities. Mr. Bolloré was questioned for two days by French police in April 2018 over … Continue Reading

Ten Key Issues to Watch in Africa in 2018

In this blog, Covington’s Africa practice  highlights ten key issues to watch in Africa in 2018. U.S. Policy: The derogatory remarks that President Trump made about Africans and Haitians, which he denies having said, create a negative image for the U.S. across the region as the year begins. Nevertheless, the administration will push forward on … Continue Reading

Covington Welcomes Liberian President Sirleaf for Discussion on Emerging Public Leaders Initiative

On December 7, 2017, Covington’s Africa practice welcomed Liberian President Ellen Johnson Sirleaf for a roundtable discussion on how to expand the training and support of civil service leaders in Africa through Emerging Public Leaders (“EPL”). President Sirleaf was the first woman to be inaugurated as president of an African nation in 2006. President Sirleaf … Continue Reading

Opportunity in Africa: Covington Launches Johannesburg Office

Opportunity in Africa abounds. Half of the world’s 25 fastest-growing economies are on the continent and according to the United Nations (UN), half of the anticipated global population growth between now and 2050 will occur in Africa. Upwards of 800 U.S. companies have a presence in South Africa alone. Yet, challenges remain: only 35 percent … Continue Reading
LexBlog