The speaker of the National Assembly chamber of the South African parliament, Baleka Mbete, ruled that tomorrow’s vote on the motion of no confidence in President Jacob Zuma would be conducted by secret ballot. Most of the country’s opposition parties
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The Trump Administration’s First African Growth and Opportunity Act Forum
Next week, some 40 African finance and trade ministers, along with a large contingent of senior U.S. government officials will descend upon the coastal city of Lomé, Togo for the annual African Growth and Opportunity Act (AGOA) Forum.
There will
Ross Outlines Trump’s Commercial Policy Toward Africa
Last week in a speech to the U.S.-Africa Business Summit sponsored by the Corporate Council on Africa, Secretary of Commerce Wilbur Ross signaled that there would be continuity in U.S. commercial policy to Africa.
Ross struck a positive tone
A note from the World Economic Forum on Africa in Durban
Earlier this month, more than 1,000 leaders from business, government, and civil society participated in the World Economic Forum on Africa in Durban in early May with the theme, “Achieving Inclusive Growth through Responsive and Responsible Leadership.”
This note highlights
Covington Opens a New Office in Johannesburg, Expanding the Project Finance Team
Covington will significantly expand its Project Development and Finance practice with the addition of Ben Donovan, Agnieszka Klich, Richard Keenan and David Miles, and the firm’s Middle East regional capabilities in corporate and dispute resolution matters with the addition of
Can Pension Funds Help Solve Africa’s Infrastructure Deficit?
Despite the global focus on growth trends in Africa, one trend has flown mostly below the radar: the increase in the number and size of pension funds. In addition to evidencing increased income security, the continent’s growing number of pension
Africa Events in Washington: A Recap of March
This past March was a busy month in Washington for Africa related events. Covington participated in a number of business focused summits and congressional hearings touched on U.S. – Africa public policy and its impact on the commercial relationship.
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Top 5 Business And Human Rights Concerns For Companies To Monitor
Businesses are being bombarded with information about their global human rights and other nonfinancial responsibilities, and are under growing pressure to publicize their efforts in that regard. Below we outline five key developments that business should be actively monitoring in
Trump and Africa: Imagining a Positive Legacy
The contours of Trump’s Africa policy are emerging, although key appointments, such as the assistant secretary of state for African affairs, have yet to be made.
On February 13, President Trump had telephone conversations with President Muhammadu Buhari of Nigeria
Crowdfunding in Africa: Opportunities and Challenges
Crowdfunding—or the use of online platforms to raise money for business ventures from a large base of investors—has been steadily gaining traction in Africa over the past decade. Still, crowdfunding in Africa remains limited compared to other regions: In 2015,