Editorial: Africa’s fightback

Author: | Published: 21 May 2015

A frican governments, long the targets of institutional investors, development funds and corporates hungry for a piece of their growth story, are fighting back. From Kenya to Nigeria, Ghana to Mozambique, state departments are reversing the procurement process. Foreign counsel should take note.

Ever since Africa's huge potential became apparent in the latter half of the 2000s, most projects have been private sector-led. International funds would approach African governments with a project in mind, and lead the concession process. "Deals would just involve private...