On 25 August 2021 the EU Commission published guidance on the transitional rules of origin in the pan-Euro-Mediterranean area. The EU is currently amending 21 origin protocols within the pan-Euro-Mediterranean area by implementing an alternative set of rules of origin which will apply alongside the rules of the Regional Convention on pan-Euro-Mediterranean preferential rules of origin.
In recently published analysis Competition in the Digital Economy, Baker McKenzie competition law experts identified common themes related to merger control, abuse of dominance and cartel conduct in Africa, that point to the nexus between competition regulation and the digital economy.
Trade under the African Continental Free Trade area is now underway and 36 countries, and counting, have ratified the agreement. Countries including South Africa and Ghana are early beneficiaries of the agreement due in part to their existing customs infrastructure. The agreement has many benefits and is expected to drastically boost the continent’s post-pandemic recovery, but there are still many challenges to overcome.
COVID-19 has revealed the high value of personal data to businesses around the world, while also highlighting its susceptibility to abuse and attack. Countries have responded by reviewing their data privacy and protections laws.
Baker McKenzie recently produced a comprehensive guide covering latest developments in competition law in 25 African countries. The guide, titled An Overview of Competition & Antitrust Regulations and Developments in Africa: 2021, can be downloaded here.
In brief A new Rwanda Ministerial Order published in the gazette in December 2020, replacing the country’s transfer…
This first newsletter of the year sets out an analysis of the existing or upcoming rules to encourage the creation of start-ups in 10 French-speaking African countries (Algeria, Togo, Benin, Mali, Côte d’Ivoire, Senegal, Gabon, Cameroon, Tunisia, and Chad).
The African Continental Free Trade Area (AfCFTA) is one of the largest trading blocs in the world. The agreement establishing the AfCFTA has been signed by 54 out of the 55 member states of the African Union (AU), and ratified by at least 30 of them with 28 having deposited their instrument of ratification as of the date of this writing.
Countries around the globe are facing unprecedented and rapid change due to the COVID-19 pandemic. The Government Intervention…
Wildu du Plessis, Partner and Head of Banking & Finance, and Marc Yudaken, Corporate/M&A Partner , in Baker McKenzie Johannesburg, discuss current trends in private equity investment in Africa, the opportunities and challenges available to PE investors, and what might change in a post-pandemic environment. African private equity (PE) investment…