February 2020https://www.nortonrosefulbright.com/en/inside-africa/blog/rss/february-2020Find our latest articlesen{2110163B-9367-408C-8670-E047AD096848}https://www.nortonrosefulbright.com/en/inside-africa/blog/2020/02/benchmark-reform-the-impact-of-libor-transition-on-the-african-project-finance-marketFelicity BrownBenchmark reform: the impact of LIBOR transition on the African project finance marketLIBOR is commonly used in project finance transactions as the basis for the calculation of a floating interest rate for sterling and US dollar loans. It is very likely that LIBOR will cease to be published after 2021.Mon, 24 Feb 2020 09:15:00 ZFelicity Brown{2C1F8A38-59BC-4059-BD56-534BEB61DE01}https://www.nortonrosefulbright.com/en/inside-africa/blog/2020/02/international-treaty-on-registration-of-interests-in-mining-agricultural-and-construction-equipmentFelicity BrownAgricultureCentral AfricaWestern AfricaMiningInternational treaty on registration of interests in mining, agricultural and construction equipment signed by African countriesThe Mining, Agriculture and Construction (MAC) Protocol (the so-called Pretoria Protocol) developed by the International Institute for the Unification of Private Law (UNIDROIT) is an international treaty that facilitates the financing of mining, agricultural and construction equipment.Mon, 24 Feb 2020 07:41:00 ZFelicity Brown{19892F0A-E382-4A6D-BF76-F49E42DD673C}https://www.nortonrosefulbright.com/en/inside-africa/blog/2020/02/coronavirus-outbreak-the-legal-implicationsCoronavirus outbreak: The legal implicationsCompanies globally are being impacted by the coronavirus outbreak, through both the labor market and their supply chain.Tue, 11 Feb 2020 19:39:00 Z{684B0ECB-E263-4146-92D9-650F2006D610}https://www.nortonrosefulbright.com/en/inside-africa/blog/2020/02/kenya-recognises-supremacy-of-comesa-merger-control-regimeMark GriffithsCompetitionEastern AfricaKenya recognises supremacy of COMESA merger control regimeAs part of a package of reforms, the supremacy of the COMESA merger control regime has finally been recognised in Kenya with the effect that COMESA mergers no longer need to be notified to the Competition Authority of Kenya (CAK).Tue, 11 Feb 2020 19:39:00 ZMark Griffiths{071892D8-11A5-4E28-A5FB-742A9C17F63A}https://www.nortonrosefulbright.com/en/inside-africa/blog/2020/02/nigerian-merger-control-regime-takes-shape-but-material-questions-remainMark GriffithsCompetitionWestern AfricaNigerian merger control regime takes shape but material questions remainThe Federal Competition and Consumer Protection Commission (the Commission), the Nigerian competition authority, has taken a number of measures to implement the Nigerian merger control regime. In particular, in late 2019, the Commission adopted thresholds as well as taking the relatively unusual step of implementing an expedited and simplified procedure for foreign-to-foreign mergers.Tue, 11 Feb 2020 19:39:00 ZMark Griffiths{F490C001-0E0B-42D9-A675-6D3C8DAD23E2}https://www.nortonrosefulbright.com/en/inside-africa/blog/2020/02/uk-supreme-court-ruling-on-parent-company-liability-for-acts-of-its-overseas-subsidiariesMark BerryHolly StebbingSouthern AfricaUK Supreme Court ruling on parent company liability for acts of its overseas subsidiariesAn important decision from 2019 and one that will be of keen interest to UK companies with international operations is the UK Supreme Court judgment in Vedanta Resources Plc and Konkola Copper Mines Plc v Lungowe and Others [2019] UKSC 20.Mon, 03 Feb 2020 11:39:00 ZMark Berry, Holly Stebbing{36BD0C75-65D4-4ED9-8ED9-3DE13CB81F2B}https://www.nortonrosefulbright.com/en/inside-africa/blog/2020/02/equator-principles-version-4Equator Principles: Version 4Norton Rose Fulbright advised the Equator Principles Association (EPA) as counsel for the legal review of the fourth Equator Principles (EP4).Mon, 03 Feb 2020 11:28:00 Z{60D7194D-EDA4-4844-A34C-A9D5CF892B18}https://www.nortonrosefulbright.com/en/inside-africa/blog/2020/02/staying-faithful-english-courts-termination-of-north-sea-operatorship-makes-wavesHolly StebbingStaying faithful: English Court’s termination of North Sea operatorship makes wavesA fortnight ago, the English Commercial Court handed down judgment in TAQA Bratani Ltd v RockRose UKCS8 LLC [2020] EWHC 58 Mon, 03 Feb 2020 11:10:00 ZHolly Stebbing{3F3FB1F5-0CF5-4CA4-8741-6854F80438D7}https://www.nortonrosefulbright.com/en/inside-africa/blog/2020/03/new-fidic-contracts-launched-in-2019-and-more-on-the-horizonMark BerryNew FIDIC contracts launched in 2019 (and more on the horizon)The engineering and construction contracts published by FIDIC, the International Federation of Consulting Engineers, continue to serve as the pre-eminent standard form agreements used on international projects. Mon, 03 Feb 2020 10:29:00 ZMark Berry