An ace up the sleeve for African states in trouble with their creditors?
Congo-B has invoked the ‘Sapin II' law to keep Mohsen Hojeija at bay. If the Court of Cassation upholds the petition, this legal device may be widely exploited. [...]
Commisimpex vs Congo-B - Ruling by the Paris High Court - July 16, 2015
Commisimpex vs Congo-B - Memorandum Order - Court of the District of Columbia - July 6, 2015
The generation of entrepreneurs and engineers who made their careers in Africa is disappearing but not the generation of lawyers acting for the presidencies of francophone African countries. That generation is still very much alive as is illustrated by this new Insiders special report from West Africa Newsletter. With media coverage, mouth-watering fees, direct contact with presidents, high profi [...]
The mood in Brazzaville has been noticeably upbeat since the International Monetary Fund (IMF) decided to annul Congo B's external debt within the framework of its Heavily Indebted Poor Countries (HIPC) Initiative. However, without waiting for the IMF's experts to [...]