Tag: Foreign Direct Investment (FDI)

The Competition Commission has recently prohibited a transaction between Emerging Capital Partners Africa (ECP) and Grand Parade Investments, a private equity firm listed in the Johannesburg Stock Exchange. The transaction would have seen ECP acquire Grand Parade’s stake in Burger King South Africa (BKSA) as well as Grand Foods Meat Plant (Pty) Ltd.

We are pleased to present our 2021 Africa Private Equity Confidence Survey (PECS). This publication is centred around valuable insights into how fellow private equity (PE) practitioners view the African PE landscape, specifically their future expectations over the next 12 months.

As global governments seek to lead the way in building back stronger, more resilient and interconnected economies, facilitating accelerated digitalisation for business will be mission critical. The pace of evolution as necessitated by the events of 2020 provided a glimpse of what is possible - we now stand at a critical juncture, with the available tools to truly revitalise and reimagine vital industries.

Astute and timeous legal advice around foreign direct investment (FDI) transactions in the mining sector is necessary for efficient processes. FDI in South Africa fell by almost half in 2020, in line with the world-wide downturn caused by the global COVID-19 pandemic, reports the United Nations Conference on Trade and Development (UNCTAD).

2020 started off with significant economic and geopolitical uncertainties, and then the pandemic upended everything, for everyone. Many unknowns remain, not least as to the true extent of the long-term economic damage, and as to who will be the winners and losers when the world properly emerges from lockdown.

On Christmas Eve, more than four years after voting to leave the European Union and one week before the end of the ‘transition’ phase, the UK and European Commission agreed the terms of their new trading relationship. The tariff and quota-free deal sets the stage for the UK to plot a recovery from its pandemic-induced recession, its deepest in more than 300 years.

Established two years ago to represent the interests of Internet of Things (IoT) technology service providers in South Africa, we are advocating for faster uptake of IoT technology by business and government in small, focused use cases.

The South African economy, like many emerging and developing economies, has high levels of poverty. As with many such countries, there are three primary objectives to reducing poverty, unemployment and inequity. These three objectives take precedence over almost all other goals.

In what seemed like the blink of an eye, Mozambique’s known natural gas reserves spiked from nearly nothing to over 165 tcf, placing it as the continent’s third biggest reserve holder. It has been almost exactly ten years since Anadarko drilled the well that would give Mozambique its first major gas find in over sixty years of mostly disappointing oil and gas exploration.

Once seen as the ‘risky’ continent, despite being a viable investment destination for natural resources, Africa’s respectable growth rate and improvements within business environments have made it an attractive destination for foreign direct investment for several key industries.