Categories: Press Release

Hogan Lovells Goes Platinum at AFC Live

Spread the news

Leading global law firm, Hogan Lovells, will be the headline legal sponsor at AFC Live, the key industry infrastructure investment summit hosted by the Africa Finance Corporation (AFC), that will take place in Abuja on the 15th and 16th May, 2017. A number of high level participants from both government and the private sector are expected to attend, including the Presidents of Nigeria, Ghana and Uganda.

With several decades spent working across the continent, covering almost 50 countries and a network of local law firms in all but two African countries, Hogan Lovells has developed an intimate knowledge of the continent’s business environments.

AFC Live has been created to provide a platform to develop solutions that will fast track African and international capital towards infrastructure. Investments in energy and in transport can offer better commercial and social returns than most investments. However, creating the right structure to make these projects commercially attractive requires skill as well as political will and a conducive regulatory environment – which Hogan Lovells has the knowledge and experience to help clients navigate.

Africa may be the world’s fastest growing continent, but access to basic infrastructure services remains a critical challenge across the continent, with studies showing that poor road, rail and port facilities add 30% to 40% to the cost of goods traded among African countries. An oft-quoted World Bank report suggest that Africa needs to spend $93bn annually until 2020 to bridge its infrastructure gap.

Andrew Skipper, Partner and Head of Hogan Lovells’ Africa Practice, and speaker at AFC Live commented, “We are thrilled to be the lead legal sponsor for this event because we believe in and want to support business on the continent. Infrastructure plays an incredibly important part in any country’s growth story and in Africa, it is vital”. On the challenge of project funding, Andrew continued, “African-focused DFIs, Export Credit Agencies or foreign grant funds cannot entirely fund the continent’s infrastructure needs. International investors and commercial lenders need to adjust their thinking on a range of issues in order to encourage an appropriate view on acceptable risk allocation and investor returns in these sometimes complex markets.”

By bringing financiers and investors together alongside project developers and fund managers, AFC Live aims to ensure that more capital, both African and international, can be deployed towards addressing the continent’s pressing infrastructure needs. Hogan Lovells are proud to be a longstanding partner to investors, sponsors, developers and governments on this journey.

Source APO

TOA Correspondent

Recent Posts

The top Nigerian who hated his own voice

Nigeria’s leading music figure and vocalist, Cobhams Asuquo, known for his singing and production said…

3 years ago

South African court halts Amazon HQ project

Following a mixed reaction from the South African community representatives, Khoi and San, the Cape…

3 years ago

How Digitalization in African Rail Transportation Is Enhancing Safety?

Mitigating the process and service barriers in African rail transportation, the digital disruption has transformed…

3 years ago

Tunisian leader to allow public views on reforms

Kais Saied, the Tunisian president has said in his speech that he will allow the…

3 years ago

The power of Niacinamide in the trending African skincare market

You know the credibility of an ingredient when it’s plastered all over bottles and jars…

3 years ago

Mozambique death toll from Cyclone Gombe rises to 48

Cyclone Gombe that flooded large areas of central and northern Mozambique is consistently leading to…

3 years ago

This website uses cookies.