Asafo & Co. provided legal assistance to AfricInvest, Amethis, IFC, and Proparco in their acquisition of a controlling interest in Netis, a prominent pan-African telecom infrastructure service provider. Additionally, Asafo & Co. provided counsel to AfricInvest and Amethis in their co-investment agreements with IFC and Proparco. A consortium comprising AfricInvest, Amethis, the International Finance Corporation […]
Global law firm Allen & Overy (A&O) has acted as legal counsel to a consortium of Moroccan institutional investors, comprising MAMDA, CIMR, and RCAR, alongside Sucden Group, in the successful acquisition of Wilmar
Capital Markets
Egypt
Photos
Egypt’s New Export and Investment Guarantee Agency: A Comprehensive Overview
Introduction On 9 November 2023, Egypt took a significant step towards bolstering its exports and investments. Law No. 178 of 2023 was issued, establishing the Egyptian Agency for Export and Investment Guarantee (the “Agency”). This law, which came into
Capital Markets
Corporate
Other
Yassir Zarhouni-Led ZARHOUNI LAW FIRM Orchestrates Strategic Shipping Sector Engagements
Casablanca-based legal powerhouse, ZARHOUNI LAW FIRM, led by esteemed attorney Yassir Zarhouni, continues to make waves in the legal landscape, showcasing expertise in facilitating strategic acquisitions and advising global entities on pivotal investments in Morocco.
In a significant move in the industrial sector, global law firm Baker McKenzie has played a pivotal role in assisting Georg Fischer (GF), an international industrial powerhouse headquartered in Schaffhausen, Switzerland, specializing in piping, casting,
Banking & Finance
Capital Markets
Restructurings
United Arab Emirates
Financial Hub DIFC Witnesses Surge in Global Hedge Fund Migration
Dubai’s International Financial Centre (DIFC) has emerged as a magnet for globally renowned hedge funds, marking a significant surge in the migration of top-tier financial entities to the Middle East, Africa, and South Asia (
Global law firm Clyde & Co has played a pivotal role in advising Arabian Contracting Services Company (Al Arabia), a prominent Saudi-listed entity, on its SAR 1.05 billion acquisition of the entire issued share capital of
Capital Markets
Saudi Arabia
Saudi Ministry of Investment Sets Minimum Capital Requirements for Foreign
The Ministry of Investment in Saudi Arabia has unveiled new guidelines and minimum capital requirements for foreign companies looking to obtain licenses for wholesale and retail trade activities with full ownership in the Kingdom. The
Capital Markets
Industrial
Saudi Arabia
Meysan Partners Saudi advises on Salumco’s 33.33% stake sale
Meysan Partners Saudi has provided comprehensive legal counsel to the shareholders of Saudi Aluminum Industries Company (‘Salumco’) throughout the sale of a 33.33% stake in the company to Increase Industrial Development Co, a prominent Saudi group
GLA & Co acted as GCC counsel in Silver Lake’s substantial acquisition of a majority stake in Germany’s Software AG through a successful voluntary public tender offer. The acquisition, valued at €2.2 billion, solidifies
