Corporate and Investment

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

Ethiopia’s prime minister, Dr. Abiy Ahmed—the youngest African leader at 42 years old—has initiated a series of unprecedented economic and political reforms in his first 12 months in office. The core challenge that he faces is moving the economy from state-led to market-based growth while overseeing far-reaching political reforms. Success is far from guaranteed but

In its final deliverable of the 2016–2018 term, the President’s Advisory Council on Doing Business in Africa (“Council”), issued a call to the U.S. Government and the American business community to make a deliberate effort towards nurturing greater U.S. commercial engagement with Africa. The final report was prepared by the private-sector members of the council

“So, young people…my message to you is simple, keep believing, keep marching, keep building, keep raising your voice. Every generation has the opportunity to remake the world.”

-President Barack Obama, 2018 Nelson Mandela Annual Lecture, South Africa

 

Of the many statistics that define Africa’s complexity, this may be the most important one: With 200 million

Last week in a speech to the U.S.-Africa Business Summit sponsored by the Corporate Council on Africa, Secretary of Commerce Wilbur Ross signaled that there would be continuity in U.S. commercial policy to Africa.

Ross struck a positive tone and noted that President Trump described Africa as a “place of opportunity” at the May

Covington will significantly expand its Project Development and Finance practice with the addition of Ben Donovan, Agnieszka Klich, Richard Keenan and David Miles, and the firm’s Middle East regional capabilities in corporate and dispute resolution matters with the addition of Jack Greenwald. With these additions, the firm will also open offices in Dubai and Johannesburg.

Despite the global focus on growth trends in Africa, one trend has flown mostly below the radar: the increase in the number and size of pension funds. In addition to evidencing increased income security, the continent’s growing number of  pension funds could potentially be a new source of funding to address Africa’s  infrastructure deficit, estimated

Is Africa becoming a strategic priority for Japan?

The Sixth Tokyo International Conference on African Development (TICAD VI), held in Nairobi, Kenya on August 27 and 28, suggests that Japan is looking at Africa differently than in the past. For one, the five previous TICADs have been held in Japan; this is the first to