New solutions are being implemented to address Africa’s power challenges. These solutions center around the energy transition and utilization of renewable energy, smart power technologies, the role of green hydrogen and ammonia, and the global drive towards a decentralized, decarbonized, affordable and secure energy supply.
Countries in Africa will benefit from the increase in commodity prices and the growing demand for green energy, but the continent must address its infrastructure gap to better enable it to do so. At the same time, the commodity bull run, and growing focus on ESG policies, is boosting investor interest and unlocking finance for Africa’s infrastructure development.
New solutions are being implemented to address Africa’s power challenges. These solutions center around the energy transition and utilization of renewable energy, smart power technologies, the role of green hydrogen and ammonia, and the global drive towards a decentralized, decarbonized, affordable and secure energy supply.
Baker McKenzie’s latest Africa Competition Report (“Report”) is a collaborative effort between Baker McKenzie’s Africa-focused Competition team and its Africa Relationship Firms. The Report covers a detailed analysis and overview of recent developments in competition law enforcement and competition policy in 32 African jurisdictions and regional bodies. It considers not only recent developments in competition law enforcement and competition policy in each of the highlighted jurisdictions but also provides an overview of regulatory and legislative dynamics and challenges in selected markets.
To highlight data security and privacy laws and developments that are already in place, or in progress, in Africa, the new Baker McKenzie Africa Data Security and Privacy Guide outlines information on country-specific data privacy and security laws in 11 countries in Africa – Ghana, Kenya, Madagascar, Mauritius, Morocco, Nigeria, Rwanda, South Africa, Togo, Uganda and Zimbabwe
The pandemic drove home the high value of personal data to the global economy, while also highlighting its vulnerability to abuse and attack. In response, governments around the world, including those in Africa, have been reviewing their data privacy and protection laws and regulations. The protection of data in Africa is broadly covered by the Convention of the African Union on Cybersecurity and Personal Data (2014) which has been ratified by only a small number of the 55 African Union members.
To highlight data security and privacy laws and developments that are already in place, or in progress, in Africa, our new Africa Data Security and Privacy Guide outlines information on country-specific data privacy and security laws in 11 countries in Africa – Ghana, Kenya, Madagascar, Mauritius, Morocco, Nigeria, Rwanda, South Africa, Togo, Uganda and Zimbabwe.
The African Continental Free Trade Area agreement is gathering momentum on streamlining intra-African trade across the continent, thereby providing exciting opportunities for pandemic recovery and growth.
Organizations that rely on supply chains in Africa are looking at ways to strengthen pandemic-impacted chains. Many effective treatments aimed at boosting the health of ailing chains are being implemented, including those that rely on digitization, sustainability standards, and improving infrastructure and manufacturing capacity.
Competition authorities in Africa are displaying a unity of focus in African antitrust enforcement action, simultaneously targeting similar sectors and issues in multiple jurisdictions across the continent.
Our Banking & Finance, Competition & Antitrust, Mergers & Acquisitions and Trade partners in Johannesburg outline ten reasons to turn your attention to African trade and investment opportunities in the coming year. Some of these reasons include the rise in commodity prices, shifting patterns and alternative financing, digitization and competition law and enforcement.