Category Archives: Africa

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August Trade Mission to Ethiopia and Kenya

Greenberg Traurig participated in the Corporate Council on Africa’s Trade Mission to Ethiopia and Kenya during the week of August 15. While a primary focus of the trip was the agribusiness sector, private investment in manufacturing and infrastructure (including power) were also identified as vital to each economy. Vicky McPherson, a shareholder based in Washington, D.C. and … Continue Reading

Greenberg Traurig Hosts Event on International Arbitration in Africa

Greenberg Traurig hosted the Third Annual Penn State International Arbitration Day at its Washington, D.C. office on March 11, 2016.  This event was a day-long conference entitled “The Future of International Arbitration in Africa” and was co-sponsored by Penn State Law School, Penn State School of International Affairs, the American Society of International Law, and … Continue Reading

African Technology Startups Gaining Attention

The increasingly noticeable discussions of the tech boom taking shape across Africa were recently further bolstered by news about startup financings on the continent. A 2015 survey revealed that African tech startups raised at least $185 million for the year. A total amount that includes undisclosed financings would likely be much higher. This year already … Continue Reading

Funding Opportunities in Clean Energy from USTDA

The U.S. Trade and Development Agency (USTDA) is accepting proposals for sustainable energy projects in sub-Saharan Africa in support of the implementation of President Obama’s Power Africa initiative. Power Africa’s goals include expanding clean energy on the continent to increase power generation capacity and create new electricity connections for millions of people who lack reliable … Continue Reading

Hitachi settlements highlight importance of anticorruption compliance programs and cooperation with regulators

On December 4, 2015, the African Development Bank Group (AfDB) announced that it reached an agreement with Hitachi, Ltd. (Hitachi) that debars the company from participating in AfDB projects for twelve months with conditional release. The debarment was the result of an investigation by AfDB’s Integrity and Anti-Corruption Department (IACD) concerning bribery allegations against Hitachi … Continue Reading

Impact Investing Makes a Huge Leap Forward with OPIC’s investment in LeapFrog Investments

The US Overseas Private Investment Corporation (OPIC) has helped the impact investing sector over a major threshold with its recent $200 million commitment to fund manager LeapFrog Investments. With that investment, LeapFrog has claimed status as the first billion-dollar group dedicated to equity impact investing. LeapFrog also states that it has the distinction of being … Continue Reading
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