Momentous events in Zimbabwe during the last two years inspired hope among many Zimbabweans that they would experience meaningful political change and sustainable economic growth in their lifetimes. In November 2017, former President Robert Mugabe—who ruled Zimbabwe for nearly 40 years—was ousted in a military coup and his former deputy
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Public Policy and Government Affairs
Can the U.S. and Africa Prosper Together?
Prosper Africa, the core of the Trump administration’s policy, is a state of mind.
This is not a criticism.
The program is an ambitious effort to get every American political appointee, diplomat, and civil servant engaged on African issues to be on the look-out for commercial opportunities for American businesses…
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Angola: Ramping Up the Fight Against Corruption
For the first time in 133 years, Angola has a new penal code. On January 23, 2019, the National Congress of Angola approved the new code, which will replace the one put in place by the Portuguese just after the Congress of Berlin, where the European powers divided Africa…
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Tips for Commercial Success in Africa
With an emerging middle class of 400 million people, 10 of the fastest growing economies globally, and the most youthful population of any region, Africa is a continent of significant opportunity. There are also risks, as there are anywhere, including the challenge of combatting corruption, navigating opaque regulations and developing…
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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
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The Trump administration’s Africa strategy: Primacy or partnership?
Last week, the Trump administration launched an Africa policy that seeks both primacy and partnership on the continent. The administration’s efforts at partnership, especially as it relates to promoting U.S. business on the continent, are likely to be far more lasting and consequential.
Ambassador John Bolton set the tone for…
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Covington Strengthens Africa Practice with Key Additions to Johannesburg Office
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We are pleased to share that partner Ben Haley has relocated to the firm’s Johannesburg office to lead the firm’s Africa-focused compliance and investigations efforts. Mr. Haley is an experienced compliance and investigations lawyer who assists corporations and individuals in navigating the dynamic enforcement environment. In addition to representing companies |
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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…
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Summary of the Final 2018 Report of the President’s Advisory Council on Doing Business in Africa
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…
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Covington’s Africa Practice Hosts African Leadership Academy
Covington’s Africa Practice Hosts African Leadership Academy
On October 3, 2018, Covington and Burling hosted the African Leadership Academy (ALA) for a celebration of its impressive ten-year existence. Located in Johannesburg, ALA offers a two-year diploma program to some of the most promising students from across the continent. To date, …
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