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.
The African Legal Support Facility (ALSF) and its partners concluded a five-day training focused on Public Private Partnerships (PPP) in infrastructure projects. Attended by PPP infrastructure experts from Burkina Faso, Cameroon, Côte d'Ivoire, Senegal, Togo, Congo, Mauritania and Nigeria, the training was held under the ALSF’s flagship Nomadic PPP training programme that seeks to address institutional, legal, contractual and financial aspects of PPPs. The training was held from January 18-22, 2016 at the Centre d'études financières, économiques et bancaires (CEFEB) headquarters in Marseille, France.
The African Legal Support Facility (ALSF) Director, Stephen Karangizi, paid a courtesy visit to the President of the African Development Bank (AfDB) Group, Akinwumi Adesina, on December 8, 2015.
The African Legal Support Facility (ALSF) and partners launched the French version of the handbook “Understanding Power Purchase Agreements” (PPA) in Paris, France, on December 8, 2015.
The handbook has been published through a joint partnership with the ALSF and US Department of Commerce’s Commercial Law Development Programme (CLDP) as part of the Power Africa initiative. The handbook is intended to simplify legal terms of PPAs in order to help reduce the time required to negotiate sustainable and bankable projects.
The African Legal Support Facility (ALSF) together with partners conducted a five-day training for government officials on the legal aspects of preparing Public Private Partnerships (PPP). The event was held from November 23-27, 2015 in Lomé, Togo.