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Senegal – The new Electricity Code

The Senegalese legal framework was completely renewed one year ago by Law n°2021-31 of 9 July 2021 creating an Electricity Code which replaces the previous Law n°98-29 on the electricity sector. On the same day, Law n°2021-32 created the new Energy Sector Regulatory Commission (hereafter "the CRSE"). This Code enshrines the obligation for the State to communicate its planning of…

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Ghana's Appetite for Local Content

Published June 2022 Author Cephas Tettey Omenyo The push for local content keeps increasing by the year Successive governments especially in the fourth republic have consistently made efforts at strengthening the participation of local talent and skills in activities across many industries. The push for local content keeps increasing by the year with successive governments adding on…

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UEMOA – Mali ou l’inefficacité des décisions judiciaires

Le 9 janvier 2022, la Conférence des Chefs d’État et de Gouvernement de l’UEMOA imposait des sanctions économiques au Mali, lequel a contesté la légalité de cette décision et obtenu à titre provisoire le sursis à exécution de celle-ci le 24 mars 2022. Pourtant, depuis cette date, la BCEAO continue d’appliquer les sanctions en toute impunité et sans aucun fondement.   1. Les…

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"Consulting Vouchers Africa" of the BAFA

With the program "Consulting Vouchers Africa", the Federal Ministry of Economics and Climate Protection promotes external consulting services for small and medium-sized companies in order to provide them with demand-oriented consulting services for their economic projects in Africa. The object of the funding is external consulting services for the preparation and implementation of…

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Power production regimes in Nigeria

Executive summary The local regime offers various possibilities to structure power generation. There are more than 130 holders of generation licenses and the introduction of the eligible customers gives other perspectives to increase the Nigerian power generation capabilities in resting on the private sector. Electric Power Sector Reform Act In Nigeria, the electricity sector is governed by…

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Investment Protection in the MENA-Region

Published May 2019 Author Dr. Philipp Stompfe Bilateral Investment Treaties / Force Majeure / Hardship The current political situation in some states of the Near and Middle East and North Africa demonstrates, that political instability in host states (states in which the investment is made) might negatively affect general domestic circumstances to the effect, that the implementation of investment…

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Investment promotion regime in Tunisia

Published September 2020 Author Philippe de Richoufftz 1.                      Incentives Law n°2016-71 of September 30, 2016 on investment law provides for two schemes for granting bonuses and incentives. The Government Decree n°2017-389[1] clarified the terms of this Law[2]. There…

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Investment Provisions Ivory Coast

Published September 2020 Author Philippe de Richoufftz Incentives for Investment Ivory Coast I.                   Introduction In an effort to stimulate investment operations on Ivorian territory, the Ivorian authorities  issued in 2018 a new regime of investment promotion which provide tax and…

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Investment regime in Senegal

Published September 2020 Author Philippe de Richoufftz Incentives for Investment Senegal I.                   Introduction The Senegalese authorities issued in 2004 a new regime of investment promotion through the Law No 2004-06 dated February 6th, 2004 creating the new Investments Code and the Decree No…

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WAEMU - Foreign Exchange Legislation

Published November 2020 Authors Philippe de Richoufftz Kaja Börner Topics West African Monetary Union (WAMU) Central Bank of West African States (BCEAO) West African Economic and Monetary Union (WAEMU Treaty) Monetary Cooperation Agreement (MCA) INVESTING IN WEST AFRICA THE FOREIGN EXCHANGE LEGISLATION OF THE WAEMU The exchange rate stability as well as the possibility to transfer capitals…

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Moroccan Land Law - AVNA

Published August 2020 Authors Philippe de Richoufftz and Pauline Coune MOROCCAN LAND LAW - NON-AGRICULTURAL VOCATION CERTIFICATE When Morocco regained its independence in 1956, one of the characteristics of the country was a clear inequality in agricultural ownership between large, modernized farms mainly owned by settlers and traditional family farms, which were often very small. One of the…

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The ongoing reform of the IPP regime

Published September 2020 Authors Philippe de Richoufftz and Pauline Coune THE ONGOING REFORM OF THE IPP REGIME IN RENEWABLE ENERGY IN MOROCCO In January 2020, MASEN launched a call for expression of interest for the realisation of multiple projects for the production of electricity from photo-voltaic solar energy. One may wonder about MASEN's role in an operation that it intends to place under…

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