PRIVATE EQUITY
Africa looks set for a bright future on the private equity front with activity on the rise, according to a new report which predicts that around a billion dollars could be invested in the next five years.
DEALS
Pan-African law firm Bowmans advised Helios Credit Partners on a landmark transaction representing one of the first significant financings by a private credit fund in sub-Saharan Africa.
POLITICS
Lawyers in Egypt held a nationwide one-day strike on Saturday to protest a jail sentence against eight of their colleagues.
POLITICS
South Africa has informed the UN that it is cancelling its decision to withdraw from the International Criminal Court (ICC).
POLITICS
The Association of Lawyers in Congo are to suspend their professional activities for three days to denounce the detention of their colleague, Ludovic Desire Essou.
APPOINTMENTS
Pan-African law firm Bowmans has appointed London-based lawyer, Nicolas Bonnefoy, as a partner in its Oil & Gas Sector Group.
DEALS
Bowmans represented and advised Standard Bank and Stanbic Bank Botswana Limited in connection with a senior secured US$30 million multi-currency term, revolving and overdraft financing made available to eco-tourism company Wilderness Holdings Limited
PARTNERSHIP UPDATE
Nigerian law firm Banwo & Ighodalo (B&I) has embarked on a phase of organic growth with the news it has promoted four new partners.
OFFICE OPENINGS
Bowmans is deepening its East African footprint with a new offering in Dar es Salaam.
TAXATION
Thousands of lawyers have staged protests in Tunisia against proposed new taxes that will weigh hard on lawyers and others in high-end professions.