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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.

Hotel in Cape Town last night (Wednesday 9 March 2022). The multijurisdictional team won the prestigious Legal Adviser of the Year award as a result their significant growth over the past 12 months, their work on ground-breaking financial transactions across the continent, and their strong client relationships in the African financial institutions industry, which have been particularly important in a year when so many have been adapting to the stresses of the pandemic. The Africa Banking & Finance team also advised on two of the winning transactions at the GFC Awards - the Intern...

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

The FINANCIAL -- The European Commission recently announced investment funding for Africa worth EUR 150 billion as part of the European Union (EU) Global Gateway Investment Scheme. This funding is said to be in the form of EU combined member funds, member state investments and capital from investment banks. Michael Foundethakis, Baker McKenzie’s Global HeadThe FINANCIAL -- The European Commission recently announced investment funding for Africa worth EUR 150 billion as part of the European Union (EU) Global Gateway Investment Scheme. This funding is said to be in the form of EU combined memb...

Global law firm Baker McKenzie has won the EMEA Finance African Banking Awards Best Law Firm in Africa Award for 2021. According to EMEA Finance, the firm received the award due to its "very strong showing in a very challenging and complex year." The award adjudicators considered various performance and structural factors, such as market share, product innovation, growth in important service areas, profitability and corporate strategy. The firm's response to the pandemic was also considered in ...