The Republic of Guinea has become the first African nation to make a voluntary financial contribution to the African Legal Support Facility (ALSF).
On 22-23, June 2016, the African Legal Support Facility (ALSF) participated at the 6th Plenary Meeting of the Policy Dialogue on Natural Resource Based Development, jointly organized by the Organization for Economic Co-operation and Development (OECD) and the G7 Initiative on Strengthening Assistance for Complex Contract (CONNEX) in Paris, France.
The African Legal Support Facility (ALSF) and the World Bank Group (WBG) jointly hosted a workshop to review the second edition of the World Bank Group Report on “Recommended PPP Contractual Provisions” with support from the African Development Bank’s (AfDB) Southern Africa Resource Centre.
It is important that African governments take appropriate measures to conduct due diligence to maximise the benefits of their natural resources that may be used to finance infrastructure needs on the continent for transformation. The debate should not be about whether we own the resources, but rather the discussion should focus on how best African governments leverage their power their natural resources, stated the Director of African Natural Resource Centre (ANRC) at African Development Bank (AfDB), Sheila Khama.
African Legal Support Facility (ALSF) unveiled a new resource handbook titled Understanding Power Project Financing, on the sidelines of the African Development Bank Annual Meetings, in Lusaka, Zambia. The handbook addresses the challenges and strategies of private financing of a power project with a focus on the mechanisms utilised by stakeholders to address issues surrounding project financing particularly credit enhancement.
At the second donor roundtable meeting of the African Legal Support Facility (ALSF) held in Lusaka, Zambia, the donors unanimously agreed that the ALSF comparative advantage lies in its model and mandate that is targeted at creating an enabling private sector environment as well as addressing issues of fragility in commercial law matters, and as such multilateral development banks like the African Development Bank (AfDB) can capitalize on this to maximize their impact and benefit in Regional Member Countries (RMCs).
The Governing Council of the African Legal Support Facility (ALSF) met Monday, May 23, 2016 in Lusaka, Zambia, on the sidelines of the African Development Bank Annual Meetings, to review the Facility’s programmatic work and deliberate on key milestones as well as plan for future requirements of African governments in the context of emerging demands for greater development impact on the continent.
The African Legal Support Facility (ALSF) Management Board is pleased to announce that Seward Cooper will become the Chairman of its Board on June 30, 2016. At its meeting on May 22, 2015 on the sidelines of the African Development Bank Annual Meetings, the Board also paid tribute to the outgoing Chairman, Sixtus Vusi, and Board Member Eve Sinare, whose tenure will end on June 29, 2016
The Management Board of the African Legal Support Facility (ALSF) met in Abidjan, Côte d'Ivoire from April 11 – 12, 2016 to review the 2016 strategic direction and priorities of the ALSF and also discuss key issues and events that will be convened at the sidelines of the 2016 Annual Meetings of the African Development Bank (AfDB) in May 2016, in Lusaka, Zambia.
The Africa Legal Support Facility (ALSF) welcomed the announcement from the African Development Bank (AfDB) Group Board of the release of US $22 million to support legal advisory and capacity building initiatives in fragile states under the African Development Fund window.