Legal Notes Volume NO 13 | Issue 2 | December 2014

Legal Notes


As 2014 draws to a close, Africa continues to dominate the investor-attractiveness centre stage, drawing interest from East and West alike. At a series of US-Africa summits, the US Government announced plans for American companies to invest USD 14 billion in Africa. From the UK, the Lord Mayor of London led investment delegations to African countries. But it is perhaps the aggressive investments from Asia and the Middle East that have got people taking notice.

This was evident in the recent ALN Annual Conference that was hosted in Dubai in November 2014. The Conference brought together all the ALN member firms and over 300 invited guests from across the different regions to discuss one thing: Investment in Africa.

In this Edition of Legal Notes, we feature a special supplement on investment from the Middle East and Asia, with insights from ALN Senior Partners and an interview with Mr. Alnoor Dhrolia, a seasoned businessman whose investments cut across the Middle East and Africa. From our ALN Members and Affiliates, we discuss the legal developments that have taken place across the Continent, all part of measures to foster sustainable investment. To access the articles that we have put together for you, please click on the links below:

  • The Afro Silk Road – Reflections on Middle East and Asia investment into Africa
  • Chasing Dirty Money – Combating money laundering in Uganda
  • The Green Revolution – New environmental laws in Zambia
  • Guest Column – Insights from Mr. Alnoor Dhrolia on investment from the UAE to Africa
  • New JSE Listing – requirements in South Africa
  • Naira for Senior Citizens – Reforms in Nigeria’s Pension Law
  • Re-introduction of Capital Gains Tax in Kenya – The effects and challenges
  • Eyes on the Money – Mauritius improves its image as an international financial centre
  • Parting the Seas – Kenya’s maritime dispute with Somalia
  • Rethinking the Hastings-Bass Rule – The final curtain for trustee liability avoidance in Mauritius?
  • Agency Arrangements – Working around local ownership requirements in the UAE
  • Whistle Blower Protection – under environmental and employment law in South Africa
  • Insolvency in Uganda – The growing pains of a new regime
  • Expanding Territories – Is Kenya ready for an extended Continental Shelf?
  • Affirmative Action and Discrimination in South Africa –The Barnard constitutional case
  • Gaining Resources –Taxation of the extractive sector in Kenya

Please click here to read the online version, or download the publication through the link below.

Legal Notes