DLA Piper and DLA Piper Africa have collectively been shortlisted for 20 awards across multiple categories at the African Legal Awards 2023. Internationally, DLA Piper has been shortlisted for International Law Firm of the Year and ESG Initiative of the Year, with DLA Piper Africa shortlisted for the African Network/Alliance of the Year award, having won the award in 2022. Regionally, DLA Piper Africa has been shortlisted for African Law Firm of the Year in all four categories: East, North, Southern and West Africa.

Cygnum Capital will be led by the group’s co-founder and CEO, Clemens Calice. The move is part of a new direction for the business as it expands its international footprint and repositions for greater growth and impact.

To celebrate the launch of the 4th edition of BMI’s Megatrends report, you’re invited to join us at the Fitch Auditorium for our in person event Towards 2050: Megatrends In Industry, Politics And The Global Economy on Wednesday, 21st June.

Alteia Fund emerged from a Management Buy Out of Barak’s Group founding partners in early 2023. With assets under Management (AuM) of over USD 1bn, Alteia comprises a team of highly specialised fund managers who offer their clients access to 30 countries in Africa as well as expansion opportunities into new markets in the Middle East, including UAE and Saudi Arabia, where they now have a presence.

A recent article from FTI Consulting discusses market definition and the assessment of competition in retail mergers, and specifically in fast moving consumer goods (“FMCG”) markets. It considers recent analysis conducted by FTI Consulting for a large retail grocery chain in South Africa.

E3 Capital and Lion's Head Global Partners have announced a first close for the E3 Low Carbon Economy Fund for Africa ("E3LCEF") at $48.1 million. The early-stage venture fund will focus on investing in next-generation low-carbon entrepreneurs in Africa scaling new technologies and business models enabled by the low carbon economy.

May 2023 - On 31 March 2023, the Minister of Communication and Digital Technologies, issued the National Policy on Rapid Deployment of Electronic Communications Networks and Facilities (the Policy) in terms of the Electronic Communications Act 36 of 2005 (ECA). The Policy was approved by Cabinet.

Verto, a London-based B2B cross-border foreign exchange (FX) and payments enabler for startups and small businesses, said it has acquired a quarter of Silicon Valley Bank (SVB) customers from Africa and the MENA region.

Africa GreenCo Group, through its South Africa-based company, GreenCo Power Services (Ptty) Limited (together, GreenCo), is delighted to announce the execution of a power purchase agreement (PPA) with AMEA Power, a Dubai-based developer, owner and operator of renewable energy projects with a focus across Africa, the Middle East and other emerging markets.

Invest Africa member, United Bank for Africa (UBA) UK is thrilled to extend an invitation to you to join their upcoming Cocktail Party celebrating Africa Day on 25 May in London, 6-9pm, Stork Mayfair, 13-14 Cork Street, W1S 3NS.

In the May edition of Addleshaw Goddard’s Africa Business Group Newsletter, experts consider the challenges posed by regulatory issues, supply chain oversight and transparency in Africa.

DLA Piper Africa is pleased to invite you to the 2023 Virtual M&A Academy for clients. This event is aimed at junior to mid-level professionals who work in corporate finance and private equity, in-house legal teams and the strategy departments of corporates. It provides an overview of the key stages of the M&A process and a more in-depth look at the most important aspects of M&A for African practitioners.

This compendium brings together Moody’s recent research on African sovereign, banking and corporate finance credit, in recognition of the continent’s economic expansion, rising international issuance and increasing investor demand for credit ratings and research.

Johannesburg, South Africa, May 04, 2023 – With the vision of Lighting up Africa one community at a time, Genesis Energy (GENESIS) is a leading energy infrastructure developer and climate impact investor that is driving positive social, economic, and environmental impact across Africa.

3rd May 2023: Nairobi, Kenya: 4G Capital, the market-leading neobank powering micro and small business growth in Kenya and Uganda, has been ranked as one of Africa’s Fastest-Growing Companies by the Financial Times. The Financial Times compiled the ranking with data company Statista and based findings on compound annual growth rate (CAGR) in audited revenues from 2018 to 2021.

We are fortunate to have been offered 8 complimentary places at Oxford Economics’ Emerging Markets & Africa Roundtable on April 26th in London. This is for professional investors only. Invest Africa members can email cjoyce@oxfordeconomics.com to register interest and further details will be shared.

Friends of Education Africa is a registered UK charity established to primarily raise funds to meet the needs of Education Africa. Education Africa is the catalyst for enabling scalable, sustainable, digitally-enabled high-quality blended education initiatives for disadvantaged African youth and their communities.

Africa Finance Corporation, Africa’s leading infrastructure solutions provider, and its asset management unit AFC Capital Partners have secured a US$253 million commitment from the Green Climate Fund (GCF) towards its inaugural offering, the Infrastructure Climate Resilient Fund (ICRF).

This week Miranda & Associados bring you news on regional trade in Angola, oil and gas news in Angola, Gabon and Mozambique, a visa exemption scheme in Mozambique, port developments in the Republic of the Congo, Timor-Leste’s first mining licensing round, and other major developments in our jurisdictions. Sit back, relax, and enjoy Investing Beyond Borders.

Please read Vallis Group’s information page about their new partnership with Qbera Capital LLP bringing together leaders in supply chain management and carbon accounting to create a tool for companies to better track and cut their carbon emissions.