Shifting Patterns News Today

The Earth’s water cycle is spinning out of balance due to climate change and human activities, according to WMO. Read more here.

The final signing into law of the Nemla Act has introduced a major shift in South Africas environmental legislation from 24 June 2022 and will deter non-compliance with environmental laws...

Michael Foundethakis, Baker McKenzie’s Global Head of Project and Trade & Export Finance, and Africa Steering Committee Chair, explains that the scheme is seen as a way for the EU to build influence around the world, and is considered by some to be a counter to China’s Bridge and Road Initiative (BRI), which began in 2013. News, Today's news.

Download logoThe European Commission recently announced investment funding for Africa worth EUR 150 billion as part of the European Union (EU) Global

The United States (US) announced in July 2021 that the Prosper Africa initiative, launched in 2019 under the Trump administration, would be renewed and reinvigorated to increase reciprocal trade. The renewed initiative will focus on improving trade and investment in sectors such as infrastructure, energy and climate solutions, healthcare and technology. An additional USD 80-million has reportedly been requested to support its projects. The 17 US government agencies working as part of this ....

Virusha Subban of Baker McKenzie looks at the Biden administration’s approach to Africa and its shift away from concerns about Russia and China, towards shared interests.

Over the last 20 years, trade between China and Africa has reportedly increased twenty-fold, and almost doubling between 2020 and

Shifting patterns of funding in Africa will help to address continent-wide infrastructure gap Wildu du Plessis of Baker McKenzie explains the funding transition that is taking place in Africa’s... Wildu du Plessis of Baker McKenzie explains the funding transition that is taking place in Africa’s infrastructure sector, as the US and UK compete with Chinese finance, and new development finance players enter the market. Baker McKenzie’s latest report -  New Dynamics:...

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 … [Read more…]

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 … [Read more…]