A workshop to train lawyers from all over Africa on negotiating deals in major economic fields was recently held in Ghana.
African Development Bank Group, Africa’s premier development-finance institution, co-organized the event in mid-February 2019, alongside the African Business Law Association (ABFLA). The two-day workshop was conceived to prepare African lawyers for negotiating deals in key economic sectors.
The workshop was sponsored by the African Legal Support Facility Academy (ALSF), an international organization dedicated to funding legal advice and technical assistance for African countries in their negotiation of complex commercial transactions, among other things. Many professionals from across Africa attended, including 50 government negotiators and 30 lawyers in private practice representing public and private organizations.
The aim of this meeting was to fill some knowledge gaps, identified by the ALSF organization, between lawyers, by strengthening their capacity to successfully negotiate complex deals involving sustainable and equitable investment agreements in major economic areas, such as projects in the energy, mining and oil and gas sectors. The complexity of the legal aspect and negotiation of infrastructure projects and public-private partnerships were also covered.
It was an opportunity for members of the African legal community to share their own experiences and talk about the problems they were facing, but also an opportunity for the ALSF to make a fund-raising appeal in nearby regional member countries in order to enhance its capacity to support African countries with their creditor litigation and negotiations of complex commercial transactions.