Recognition of Legal Excellence at the 2024 IFLR Africa Awards

ALN has once again been awarded the ” Legal Network of the Year” at the IFLR Africa Awards, marking the fourth consecutive year of this outstanding achievement. The award recognises ALN’s innovative approach to cross-border transactions. ALN member firms in Kenya, Madagascar, Mauritius and Rwanda won the “Law Firm of the Year” award for their impressive track records in providing advice on the most consequential and innovative deals in their respective countries.

Invest Africa Regional Economic Outlook Series 2024

Africa is forecast to be the second-fastest growing major region in 2024 across the world. The services sector is predicted to play an important role, particularly in East Africa. The global shift to cleaner energy presents opportunities for industries across the continent, and the continued implementation of the AfCFTA agreement will help to accelerate progress. The continent does however continue to feel the effects of the uncertain geopolitical landscape across the globe more acutely than other major regions and will experience a high number of elections in 2024.

Exploring Nigeria’s Business and Investment Opportunities

Nigeria is constantly ranked as one of Africa’s key economic nerve centres, full of economic opportunities and channels for investment. The country’s diverse economy continues to promote the growth of various sectors such as oil and gas, fintech, mining, media and entertainment. As a result, it has become Africa’s largest economy with a current GDP of USD 477 billion, a growth trajectory that continues to rise. Its young, expanding population, a wealth of natural resources, booming tech sector, and dedication to economic change is a breath of fresh air that the current government has introduced to boost economic resilience and investor confidence.

ALN Mauritius Announces Appointment of Chairman and Two Co-Managing Partners

ALN Mauritius has announced the appointment of Jason Harel as its Chairman while Valérie Bisasur and Fayaz Hajee Abdoula are appointed Co-Managing partners, with effect from January 2024. Iqbal Rajahbalee, the present Managing Partner, is due to continue as counsel in the Disputes Resolution practice until his exit from the firm at the end of 2024.

2024 Regional Outlooks Webinar Series: East Africa

ALN is delighted to contribute to East Africa’s growth. We highlighted our profound knowledge and comprehension of the region’s economic trends and pivotal investment drivers at the 2024 Regional Outlooks Webinar Series: East Africa, hosted by Invest Africa. ALN Director, Karim Anjarwalla moderated the session which discussed the trends and opportunities shaping the local markets in East Africa and what 2024 has in store for the region. On the panel, Karim was joined by Chief Economist & Head of ALM | NCBA Group, Raphael Agung’ and Head of Global Operational Risk Research | Fitch Solutions, Chiedza Madzima.

Click the video below to watch the webinar recording.

 

 

Virtues of a Flat Organisational Structure

“CFOs thrive when they are placed in a flat rather than a purely hierarchical structure.” This is according to ALN Kenya CFO Timothy Thaiting’a. “It is such a pleasure for me to work in a place where I can be able to walk into the managing partner’s office and discuss a matter,” he explains.

 

Reducing REC’s Environmental Footprint

In this episode of the Breaking Ground, Breaking Barriers podcast series focusing on East Africa’s real estate and construction landscape, Nicole Gichuhi, a partner at ALN Kenya chats to Africa Legal’s Tom Pearson about Africa’s development in the sustainability era.