The Member News Archive
BRICS Expansion and the Shifting Global Order
As more big emerging markets join the BRICS+ nations, the grouping could give the Global South a greater voice in world affairs and challenge the domination of existing institutions.
InfraCo Africa invests to pioneer Zimbabwe’s first project financed solar IPP
Private Infrastructure Development Group (PIDG) company, InfraCo Africa, has signed an agreement with Energywise Equipment (Pvt) Ltd (Energywise) and Impala Power Company Ltd (Impala), investing US$1.5m to progress development of the 30MWac Vungu Solar project in the country’s Midlands Province.
JCG Backs Highview Power Clean Energy Breakthrough Secures £399m for Clean Energy Storage Programme
Highview Power, backed by investments from Janus Capital, the UK Infrastructure Bank, Centrica and other investors, has secured £300 million for the UK's first commercial scale liquid air energy storage (LAES) plant.
DLA Piper continues growth in South Africa with the hire of Lorica Elferink
DLA Piper announces the appointment of Lorica Elferink, a new corporate director in South Africa. Lorica advises domestic and international clients on corporate law, company and securities law, and governance related matters.
The Rise of Alternative Risk Financing Solutions
We live in a volatile world where geopolitical risks, economic inflation, natural disasters and an increasingly complex regulatory environment are applying pressures on all fronts, including the insurance sector.
InfraCo Africa invests to develop a 50MWp solar plant in Côte d’Ivoire
On July 2, 2024, the project company Kong Solaire, jointly owned by InfraCo Africa and Ivorian developer Africa Via, signed a concession agreement with the Ministry of Mines, Petroleum, and Energy, the Ministry of Finance and Budget, and Côte d'Ivoire Energies to develop a 50 MWp solar power plant located in Kong in the northern region of the country under a BOOT model.
Power Purchase Agreement signed to progress the Lilondi run-of-river hydropower project in Tanzania
Anzana Electric Group (formerly Virunga Power) and InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), have today announced the signing of a Power Purchase Agreement (PPA) with TANESCO, the state-owned national utility of Tanzania, which took place earlier this month in Dodoma.
AFC invests in Africa’s largest copper complex, driving mineral beneficiation on the continent
Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, is pleased to announce the closing of a US$150 million senior loan with Kamoa Copper to support the expansion of the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo.
LIDW24: London retains deep connection to African disputes
The campaign to bring Africa-related disputes back to the continent is growing louder, but London is likely to remain a major centre for both African arbitration and litigation in the long term.
2024: The Year of Elections and the Potential for Civil Unrest
South Africa joins over 60 countries that will head to the polls in 2024, with heightened risks for civil unrest reminiscent of July 2021 top of mind. 2024 has been dubbed THE election year, with voters in more than 64 countries heading to the polls. South Africa’s national elections will take place on 29 May, and there’s absolutely no doubt that the outcome of these elections will prove consequential for years to come.
AMEA Power Breaks Ground on 120 MWp Solar PV Project in Tunisia
AMEA Power, one of the fastest-growing renewable energy companies in the Middle-East, announced today the official groundbreaking of the 120MWp Kairouan Solar Photovoltaic Project in Tunisia.
Corbetti Owner’s Engineer tender issued following PPA extension
Corbetti Geothermal PLC (CGPLC) is pleased to announce that it has been awarded a two-year time extension under its Power Purchase Agreement with Ethiopia Electric Power (EEP).
Aon South Africa Launches 2024 Insurance State of the Market Report
Aon South Africa has released its ‘2024 Insurance State of the Market’ Report providing global and South African insurance market insights.
Charting the Future: The in-house role in the sustainability & ESG era
In a landscape marked by rapid change, in-house legal teams have become pivotal in leading organisations toward a sustainable and responsible future. Join the conversation as DLA Piper hosts a webinar to explore the intricacies of this evolution.
Crown Agents Bank and Invest Africa launch The Payments Exchange Series
The campaign will drive new insight and understanding around the role of FX and payments in the economic transformation of Africa. It will also comprise a programme of events and content across 2024, that explores the integral role that payments and FX will play in realising the ambitions of the African Continental Free Trade Agreement and future trade and investment.
AMEA Power Signs 20-year PPA for 120MW Solar Project in South Africa
AMEA Power, one of the fastest-growing renewable energy companies in the Middle East announced the successful signing of a 20-year Power Purchase Agreement (PPA) with South African utility company, Eskom, for the 120MW Doornhoek Solar Photovoltaic (PV) Project.
Africa Specialty Risks launches ASR Syndicate 2454 at Lloyd’s
London, 29 April 2024 – Africa Specialty Risks (ASR), the pan-African focused (re)insurance group, has launched ASR Syndicate 2454 focused on underwriting business across Africa. It is the first African focused syndicate writing business at Lloyd’s and is managed by Apollo.
Zambian lead poisoning Claimants win permission to appeal class action against Anglo American
On Friday 19 April, in a crucial step towards achieving justice for the children and women who allege lead poisoning caused by a former Anglo American lead mining operation in Kabwe, Zambia, the Johannesburg High Court granted permission to appeal an earlier judgment that dismissed certification of the class action.
Algeria signs Hosting Agreement for Intra-African Trade Fair 2025
The Host Agreement Signing Ceremony for the Intra-African Trade Fair 2025 (IATF2025) took place in Algiers on 15 April 2024. The Ceremony, hosted by Afreximbank, in collaboration with the African Union and the AfCFTA Secretariat, and the Government of the People’s Democratic Republic of Algeria, paves the way for the 4th edition of the Intra-African Trade Fair to take place from 4–10 September 2025 in Algiers.
DLA Piper assists Afrimat to secure competition approvals for its acquisition of Lafarge South Africa
DLA Piper has advised Afrimat on its successful acquisition of Lafarge South Africa, securing approvals from the competition authorities of South Africa, Botswana and eSwatini.