Managers of Wealth Africa

Addleshaws moves Africa energy market up agenda with double partner hire

Firm aims to leverage UK energy client relationships in Africa with partner pair

South Africa’s PIC Urges Ecobank Board to Deal With Debt Dispute

The Public Investment Corp., the biggest shareholder in Ecobank Transnational Inc. urged the largest bank by branches in Africa to resolve a dispute involving businesses associated with Chairman Kolapo Lawson.

Portugal's Miranda expands alliance into Cameroon

“We see economic growth activity and more importantly activity for existing clients,” Amendoeira told The Lawyer. “Over the years we’ve got enquiries from clients regarding activities in Cameroon.

Top Sierra Leone bankers sent to jail

A court denied bail to the two heads of Sierra Leone's largest commercial bank accused of fraud.

Baker & McKenzie Elects 71 New Partners Worldwide

Global law firm Baker & McKenzie announced the election of 71 new partners across the Firm worldwide.

DLA targets Nigeria in new Africa strategy

DLA Piper is drawing up a new Africa strategy with the Nigerian market top of the agenda

Linklaters to highlight ‘Five Pathways to TMT Growth for Africa’ at London conference

Over 150 senior executives will attend the conference, which is now in its fourth year

Norton Rose Fulbright wins role on $1.2bn Nigeria telecoms finance deal

Norton Rose Fulbright's London arm has acted for telecoms operator

Eversheds eyes expansion for Africa network

Eversheds is setting out to grow its network of African best friend firms as work coming into the continent continues to boom.

South African banks may hold $1B in gold, diamonds stolen by Qaddafi

More than a billion dollars in cash, gold and diamonds believed looted by late Libyan strongman Muammar Qaddafi during his 40-year reign

Shearman focuses on Egypt as arbitration in the region grows

International arbitration head Emmanuel Gaillard is interviewing at associate level and is thought to be after at least two more Arabic speakers to service cases in the Gulf Region.

Norton Rose Fulbright eyes further Africa growth with Egypt, Kenya on agenda

We have a strong presence in Africa and we constantly keep further opportunities under review.

SNR Denton makes all-female partner round with four EMEA promotions

This year's promotions come after the firm's EMEA arm made up three lawyers last year, with all of which were based in the UK, including two in London and one in Milton Keynes.

Loyens & Loeff advised Al Masah Capital Limited on the first UCITS IV-compliant fund platform in the MENA region

The Investment Management teams of Loyens & Loeff in Dubai and Luxembourg advised AMCL on the structuring, drafting and operational setup of the new umbrella fund.

FATCA Model 2 Agreement Released - Withers

Model 2 essentially builds upon the foundation of Model 1 with some significant differences

Ashurst acts for Fajr Capital on acquisition of stake in MENA Infrastructure Fund

The MENA Infrastructure Fund is a $300m Dubai-based specialist asset manager established in 2007 to invest in infrastructure and energy projects in the Middle East and North Africa.

Michael Jackson memoribilia part of U.S. case against African leader

Legislation to thwart such abuses of the U.S. financial system has failed to get traction in Congress over the years, but two Senators are pushing it again this year.

EFG-Hermes linked to Egypt graft claims

Gamal and Alaa Mubarak, as well as the two chief executive officers and a former CEO of the Cairo-based investment bank EFG-Hermes, are being charged with corrupt stock exchange dealings worth more than $400m in connection with the 2007 sale of Al-Watany

Libyan wealth fund to appeal against asset seizure in Italy

Italian financial police had seized the assets saying they belonged to members of the Gaddafi family, but the Libyan Investment Authority (LIA) said that was not true.

Brazil Blocks Transfer to Libya to Prevent Funding for Qaddafi

A Brazilian court blocked dividend payments from a bank indirectly controlled by the Libyan central bank to prevent the proceeds from funding supporters of ousted leader Muammar Qaddafi.

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