Africa

APPOINTMENTS

DLA Piper taps Gouws for Africa push

The multinational megafirm has chosen Webber Wentzel corporate partner Johannes Gouws as the first managing partner of its new South Africa office.

EMERGING MARKETS

African legal sector gets $22m boost

The African Development Bank (ADB) has allocated $22m to help nurture legal services on the continent and level the legal playing field between African countries and foreign investors.

IPO

Africa IPOs to push ahead, says Baker & McKenzie

A new forecast released today by global law firm Baker & McKenzie has predicted that listings on the African continent will hit a five-year-high over the next twelve months, defying shrunken commodity prices and capital flight from emerging markets.

FINANCE

Regulators to open door for Islamic finance in Kenya

Attorney General Githu Muigai has announced that Kenya will review the laws and regulations surrounding Islamic finance in the country to facilitate the issuance of the country's first ever Islamic-law compliant bond, known as a sukuk.

PROJECTS

King & Spalding advises on landmark Ghana LNG project

King & Spalding's London office is advising the Ghana National Petroleum Corporation (GNPC), Ghana's national oil company, on its US$550 million pathfinder liquefied natural gas (LNG) project, the first such project to be implemented in the region.

LAW FIRM EXPANSION

DLA Piper expands in Africa

DLA Piper has announced that the number of firms in its group has risen to 15 with the addition of ADCA in Angola.