How ALSF can help your African investment

Author: Danielle Myles | Published: 12 Mar 2015

There’s no shortage of investor interest in Africa. Despite the emerging market slowdown and dropping commodity prices, the continent’s growing middle class and abundant natural resources make it an irresistible prospect for foreign sponsors, financiers and acquirers.

Foreign private players’ attitudes toward – and activities in – Africa have come a long way since the continent’s growth story took off in 2000. Corporate social responsibility has become mainstream. Local investment frameworks have been rewritten. And on-the-ground legal expertise has grown exponentially.

But more must be done to ensure the 54 countries capitalise on private investment to build a fairer and more sustainable Africa. The African Legal Support Facility (ALSF) is helping governments do exactly that.

An affiliate of the African Development Bank (AfDB), the ALSF provides government assistance in vulture fund litigation, and contract negotiations and advisory. Its ancillary services include...