By Dr. Ehud Gachugu The digital economy is expanding largely in Kenya. Covid-19 has accelerated the growth since Kenyans, especially youth, have now recognized the potential to earn a living in digital platforms. The pandemic led not only to a health crisis but also an economic crisis. The measures imposed by the Ministry of health, […]
Category Archives: Main
Africa’s Sahel, a region separating the Sahara Desert to the north and savannas to the south, is notorious for widespread poverty and persistent conflict. In fact, Western Sahel, especially Mali, Burkina Faso, and Niger, is the most unstable area on the continent. For years, terrorist attacks have been a frequent occurrence but recently the region […]
Sir Ian Cheshire Chair, The Global Business Collaboration for Better Workplace Mental Health Before the Covid 19 pandemic hit, mental health was already an issue on the rise around the world, with an estimated 13% of the global population, just short of 1 billion people suffering from some kind of mental illness. In South Africa, according to statistics […]
By Virusha Subban, Partner and Head of Indirect Tax at Baker McKenzie in Johannesburg According to China’s Ministry of Commerce, trade between China and Africa increased by 40.5 percent year-on-year in the first seven months of 2021, and was valued at a record high of USD 139.1 billion. The Ministry noted that African products were […]
Three YPO leaders share their learnings from a time of no-contact – and what other organisations need to know about retaining human connection It can be argued that the success of any organisation is based on the strength of its connection to its stakeholders, and the extent to which it can sustain that connection. Yet […]
By Johan Botes, Partner and Head of the Employment & Compensation Practice at Baker McKenzie in Johannesburg Conservatively estimated, one in four women will experience sexual harassment in the workplace at some stage during their working lifespan. The personal toll on these women – and those around them who deal with the secondary effects – […]
There were 333 M&A deals announced in sub-Saharan Africa (SSA) in the first six months of 2021 (H1 2021), valued at USD 57.7 billion, according to Baker McKenzie’s analysis of Refinitiv data. When compared to the same period last year (H1 2020) this amounted to a 14% increase in deal volume and an astounding 576% […]
JLL Survey results from Tétris glimpse into the future of the workplace The Covid-19 pandemic and resulting lockdowns worldwide have challenged conventional ideas on how we work and what a workplace should look like. Will the traditional 9-5 workday and five-day work week at the office come to an end as new, more flexible work […]
by Pomy Ketema, Counsel, Baker McKenzie, New York African countries continue to face substantial financing gaps as they take on projects of all sizes in pursuit of development. To tackle the slowdown in foreign direct investment since the onset of the pandemic, some African countries are actively courting their diaspora and looking for pockets of […]
Plastic, plastic, plastic everywhere! Not a place you can turn to without being greeted by the sight of plastic. Plastic is a doubled edged sword. It is very much a part of our lives, being a packaging material for many of the products we consume and also being a primary or secondary raw material for […]
Digital transformation alongside automation enablers like artificial intelligence (AI) and Robotic Process Automation (RPA), coupled with the responsible utilisation of data assets will be determining business success factors over the next five years, according to Grant Phillips, Group CEO at e4. While the landscape will be enormously different in the coming years, Phillips says that […]
AIM AFRICA will be a powerful impetus in strengthening AFRICA’s economic stability, sustainability, and growth. The African continent has immense untapped economic potential that presents innumerable opportunities for investors. The continent is also emerging as one of the preferred destinations for investments. According to data released in 2020 by the United Nations Population Division, 56.2% […]
There were no cross-border Initial Public Offerings (IPOs) on African exchanges in the first half of 2021 (H1 2021) according to new Baker McKenzie analysis, H1 IPO Snapshot: Unfolding Trends for 2021. However, the continued global demand for special purpose acquisition company (SPAC) IPOs reached African shores in the first half of 2021 – with a cross-border […]
The new world order is in existence. A lot of young people are held back from greatness by limitations and ceilings that they have set for themselves. Thus, they are constrained from reaching their full potential. They believe that there is no space for being value-driven leaders and entrepreneurs in the modern world. Accordingly, they […]
Africa’s e-commerce market could grow by more than $14.5 billion between 2025-2030 according to an IFC report published today. The report finds this can be achieved by increasing the number of women selling on online platforms and by providing them with better training and financial support to help them match sales made by men. The […]
Following President Biden’s Interim National Security Strategic Guidance signalling for continued growth in partnerships with African economies, at the African Energy Chamber (“AEC”), we believe it is vital to engage U.S. companies and investors to counter the often-wrong preconceptions about investing in the continent, as Africa has some of the fastest-growing economies globally and possesses […]
Baker McKenzie’s latest report – New Dynamics: Shifting Patterns in Africa’s Infrastructure Funding – shows the state of the African infrastructure market, and how the major global players’ approach infrastructure lending on the continent is changing. While the IJ Global data shows a decline in the value of infrastructure lending, it is expected that as economies recover, new types of […]
by Conrad Kullman, MD at FAR UVC AFRICA Cue post-pandemic where business is back on its feet, we’re meeting new people and shaking hands with the regulars once again. Rewind to a year ago and It felt like a distant dream. People have spent the last year trying to understand what the novel COVID virus […]
For businesses in Africa, lobbying can play a vital role in creating a more open, business friendly legal system which is fit for purpose. However, throughout history, the process of lobbying policymakers has been open to abuse and at times, controversial. One only has to look at Britain’s current Greensill scandal and the accusations facing […]
With the growth of economies across Africa, competition law has remained one of the key drivers for effective market participation, consumer protection and fair business practices. However, the global pandemic introduced new challenges for competition authorities in Africa and abroad, with each enforcer pursuing the most beneficial enforcement method for its national or regional jurisdiction. […]
Andrew Brough Although some organisations were successfully navigating the challenges of remote work and distributed teams way before the pandemic, the last 12 months have highlighted issues that leaders cannot ignore. In the recent 2021 Work Trend Index report The Next Great Disruption Is Hybrid Work – Are We Ready? Microsoft uncovers some pressing trends. […]
The year is 2016, outside a busy supermarket in one of Nairobi’s estates. Shoppers flow in and out carrying their groceries and other shopping items with plastic carrier bags. These are the order of the day, but their pollution to the environment is devastating. A year later in 2017, the Kenyan government would enact the […]