JOHANNESBURG, South Africa, 6 November 2018 - Stephen Karangizi, Director andChief Executive Officer of the African Legal Support Facility on Monday said the facility offers the needed tools for African countries to better negotiate infrastructure investment deals. He also noted that the facility helps to create transparency between African governments, and private sector funders and providers of essential infrastructure.
One of the key drivers of attracting Foreign Direct Investment is the need for African countries to conclude equitable and durable agreements with investors that can stand the test of time. Unfortunately many African countries often face the challenge of negotiating these deals due to having limited expertise in the new areas that are often not taught at African institutions. The African Legal Support Facility was set up by the African Development Bank to remove the asymmetrical technical capacities and level the field of legal expertise among parties to litigation and negotiations.
The African Legal Support Facility (ALSF)’s Management Board is responsible for the efficient and effective conduct of all its operations, as well as the approval of its Budget and appointment of its Director. The Board is composed of five members, serving in their personal capacity, who are each appointed by the Governing Council for a three-year, non-renewable term.
Abidjan, Côte d’Ivoire, 29 June 2018—The African Legal Support Facility (ALSF) hosted a conference on Arbitration in Africa, and the launch the African Arbitration Association (AfAA) in Abidjan, Côte d’Ivoire.
São Tomé, São Tomé & Príncipe, 18-22 June 2018 – São Tomé is currently awarding exploration licenses to oil companies which could potentially lead to discoveries and production of oil in the country.
Abidjan, Côte d’Ivoire, 19 June 2018—The African Legal Support Facility (ALSF) recognizes that many governments around the world have turned to public-private partnerships (PPPs) to design, finance, build, and operate infrastructure projects. It also appreciates that despite the presence of broadly known good practices and tools, governments around the world still fall behind in preparing, procuring, and managing effective public-private partnerships (PPPs) that meet the needs of their citizens.
La Morne, Mauritius, 19 June 2018 — In keeping with its focus on energy security and development, the ALSF alongside the African Development Bank attended the 20th Africa Energy Forum (AEF), taking place from 19-22 June in La Morne, Mauritius. Every year, the Africa Energy Forum strives to connect African government representatives in the power sector with private and public solution-providers. During this year’s meetings, the African Energy Forum presented an award to the ALSF for its impact in Africa.
Le Morne, Mauritius, 20 June 2018- With the support and technical guidance of the African Legal Support Facility (ALSF), and in the context of the Africa Energy Forum held in Mauritius, Seychelles, Minister of Environment, Energy and Climate Change, H.E Wallace Cosgrow, announced the launch of the tender of the right to develop, finance, own and operate a 4MW floating grid-connected solar PV plant in the Lagoon le Rocher, Mahé.
Busan, Korea, 22 May 2018 — The African Legal Support Facility (ALSF) held its 25th Management Board and 9th Governing Council meetings on 20 and 21 May 2018 respectively, on the margins of the 2018 African Development Bank Annual Meetings in Busan, Korea. The members reviewed the 2017 activities of the ALSF and discussed the future plans for the institution.
Abidjan, Côte d’Ivoire - Illegal, Unregulated, and Unreported (IUU) fishing represents US$ 1.2 billion loss in revenue for West African countries alone. Some of this loss is due to inadequate governance in the sector. There is a growing awareness among African countries and regional bodies dedicated to maritime economy, of the need to strengthen capacity in this sector and empower government ministries for negotiations