CHANG LAW is proud to announce the launch of its Africa Business Blog Series. The blog series will be posted on Chang Law’s International Arbitration (IA) Blog page, and will cover a range of topics related to doing business in Africa.
The Africa Business Blog will cover news stories relevant to investors who seek to invest in Africa, or are already doing so. The blog aims to be broad in scope, and will discuss Africa-related news that may range from politics, business, culture, or legal developments.
Why a blog about business in Africa? With 54 countries, Africa is home to 6 of the top 10 fastest growing countries in the world; the International Monetary Fund projects sub-Saharan Africa to grow between 5 and 6 percent each year over the next few years. Investors in countries such as China have long understood the opportunities in the Continent; even the United States — a relative newcomer in terms of investments and trade — currently exports over USD $21 Billion a year to sub-Saharan Africa alone, with trade to and from Africa tripling over the past decade.
Chang Law is one of the few international law firms with a specific focus on Africa-based disputes, whether in francophone or anglophone parts of the Continent. One of the firms’ particular strengths is its legal experience in both common law and civil law systems, thus enabling coverage of the entire African continent for legal dispute resolution services. Chang Law recently helped an Africa-based client obtain a USD $41+ Million Award in an UNCITRAL arbitration, and is currently handling another large construction dispute based in Africa. Chang Law also assists current or prospective foreign investors in Africa with investment planning, which incorporates the benefits of bilateral investment treaties to help protect investments located in Africa.