EUR 4 million boost for African legal support – Articles

Germany’s development bank has provided a EUR 4 million grant to the African Legal Support Facility aimed at strengthening the hand of African countries when negotiating contracts with international investors.

The African Legal Support Facility (ALSF), which helps to level the legal advice playing field between African countries and international investors, has received a EUR 4 million boost in the form of a grant from KfW, the German development bank.

ALSF will use the funding to improve African nations’ legal capacity to negotiate contracts, with the aim of getting fairer deals from international companies and investors, including public-private partnerships, particularly in the natural resources and infrastructure sectors.

“The aim is to increase financial and…

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