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.

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.

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.

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.

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.

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, 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 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 has released its ‘2024 Insurance State of the Market’ Report providing global and South African insurance market insights.

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.

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, 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.

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.

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.

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 has advised Afrimat on its successful acquisition of Lafarge South Africa, securing approvals from the competition authorities of South Africa, Botswana and eSwatini.

DLA Piper is advising MultiChoice, a South Africa-based pay-TV operator, on a USD1.9 billion mandatory offer by Canal+, a French broadcaster. The transaction, on completion, will create a leader in the entertainment sector with Africa as its focal point.

DLA Piper has advised the mezzanine and subordinated funders, FirstRand Bank (acting through its Rand Merchant Bank Division) and The Standard Bank of South Africa (acting through its Corporate and Investment Banking division), of Seriti Green’s 155MW first phase wind energy facility.

According to a new report by Boston Consulting Group (BCG) entitled The Whole Truth about Whole Grains, there is huge opportunity in food system transformation, but it’s critical to change what is grown, processed and consumed thoughtfully and gradually.

4 April 2024 - Africa GreenCo Group (GreenCo) has signed a USD 27 million Guarantee Facility with GuarantCo, part of the Private Infrastructure Development Group (PIDG) to boost renewable energy in Southern Africa.