Managers of Wealth Africa

Court Strikes out Suits against CBN

The counsel to the CBN and Nigeria Deposit Insurance Corporation (NDIC), Mr Ogechi Ogbonna, had argued that the suit was filed out of time

KCB sues brokerage firm over Safaricom IPO

KCB said it had been tasked with receiving the applications and forwarding them to the investment bank

Zimbabwe: AfrAsia Bank Faces U.S.$79 Million Lawsuit

Local private firm Spiritage Zimbabwe Limited is suing AfrAsia Bank Zimbabwe for $79 million, on allegations of fraudulently converting to its own use a client's funds received from the African Export-Import Bank.

Global law firm sets up shop in South Africa through local tie-up

KapdiTwala partners serve clients daily across the Natural Resources and Infrastructure sectors as well.

Court Registers Judgment Against Akingbola, to Pay Access Bank N212bn

The order of registration made by Justice Aneke came soon after the Lagos State High Court on February 18 ruled that the state High Court lacked the jurisdiction to register the judgment of Justice Burton, hence Access Bank filed an application at the Fed

Baker & McKenzie scopes out links with top Nigerian firms

Baker & McKenzie has met with six leading firms in Nigeria in recent weeks as part of efforts to cement referral relationships in the country.

European Investment Bank Facing Accusations Of Cover-Up In Zambian Mining Tax Report

The European Investment Bank is facing allegations that it participated in a cover-up of facts in its report on allegations involving tax avoidance by a Zambian mining firm.

Norton Rose Fulbright appoints new debt capital markets partner

I am looking forward to returning to the Middle East to continue to develop Norton Rose Fulbright’s conventional

Mathani Orders Deportation of Access Bank Boss

Lusaka businessman Rajan Mathani is allegedly scheming the deportation of Access Bank country manager Jekwu Ozoemene for refusing to comply with his illegal directives in the private financial sector.

Global Law firm expands Africa network to 33 firms

Has added 10 more African firms to its swiftly-growing Eversheds Africa Law Institute, just six months after launching the initiative.

Linklaters’ South African ally boosts energy team

The firm has recruited four partners in response to a growing need for oil and gas work in the region.

Leading South African law firm appoints team of lawyers from Brink Falcon Hume

New partners include Johan Brink, formerly chairman of Brink Falcon Hume Inc, and Leroux Odendaal, previously a director at Brink Falcon Hume Inc. Nerina Erasmus has also joined the firm as an associate.

US freezes late Nigerian dictators offshore funds

Less than a week after President Goodluck Jonathan honoured the late Head of State, Gen. Sani Abacha, with an award for “his contributions to the nation."

Solicitor jailed for six years for 'spectacular' mortgage fraud

A solicitor who fled to South Africa to avoid trial has been sentenced to six years in prison for “spectacular” mortgage frauds and theft worth more than £1m.

Africa Legal Network expands west with Nigerian member

With this important step, ALN stretches from its East and Southern Africa base to reach across to West Africa and reinforces its unique position as top African law firms led by Africans working on-the-ground in Africa.

Ex-SA rugby boss tackles FirstRand

The case goes back to 2010, when Aurora wanted to buy the JSE-listed Labat as a shell company to raise funds to buy out the struggling Grootvlei and Pamodzi gold mines.

Absa sued over dodgy investments

Trustees of a clothing workers’ investment body are suing Absa for R195 million.

Foreign currency account holders threaten to sue banks & BoG

Many commercial banks as well as the Bank of Ghana are likely to be hit with a tall list of legal suits following the introduction of new and revised forex rules by the BoG.

Stephenson Harwood kicks off Africa secondment programme

Stephenson Harwood is adding to its Africa expertise by starting a programme of sending associates on secondment to independent firms on the continent.

Bowman Gilfillan announces merger with Madagascar firm

The group most recently added Botswana to its network, with the addition of Bookbinder Business Law