Selection of the right co-venturer is crucial for companies looking to invest in Africa.
But open dialogue is also critical for foreign investors looking to harness the advantages of African partnerships, Sophia Gordon, general counsel at private equity firm Ariya Capital, has advised.
A robust legislative framework is another key factor for companies looking to develop energy and natural resource projects in Africa, said Simon Tysoe of Herbert Smith’s London practice.
But Tysoe warned that firms looking at investment in Africa should look beyond the law governing their particular area of focus.
“In some states, there...