Publications and Legal Insights List

Resolving infrastructure and energy disputes in sub-Saharan Africa

Africa has the world’s lowest use per capita of modern energy. As its population and incomes grow, demand for modern energy continues to expand. Africa is a continent with huge reserves of oil and gas, with a large capacity for green energy, but more than 600 million people do not have access to electricity. The need for infrastructure buildings and projects are higher than in any other region in the world, and therefore the energy and infrastructure sectors are of paramount importance given their key role for economic and social growth. Another key factor for the continent is the global energy transition. According to the African Development Bank, the continent needs to allocate USD 130-170 bn annually to bridge its infrastructure deficit too.

Investment Code Update Encourages Opportunity

The Senegalese Parliament recently adopted a new legal framework for the country's investment code. The framework creates a more attractive business environment by modernizing governing regulations to the benefit of foreign and domestic investors. Key innovations include the strengthening of investor protection, the guarantee of equal treatment for domestic and foreign investors, and the reduction of the financial eligibility threshold.