Baker McKenzie Archives

AFRICA: ENERGY TRANSITION POLICIES AND REGULATORY DEVELOPMENTS LIGHT UP ACROSS THE CONTINENT

Posted on October 31, 2022 by Gambeta News

Across the continent, countries in Africa are gearing up for the energy transition by implementing policy and legislative frameworks that take into account the energy crisis and the need for a renewable, decarbonized, decentralized energy supply that addresses climate change and the commitments made under the Paris Agreement. Ahead of the United Nations Climate Change Conference, COP 27, in Egypt in November this year, lawyers in Egypt, Ghana, Kenya, Morocco, Namibia, Nigeria, South Africa, Tanzania…

Lessons learned from advising on the world’s largest industrial green hydrogen facility

Posted on August 4, 2022 by Gambeta News

Global law firm Baker McKenzie recently advised Advanced Clean Energy Storage I, LLC, along with Mitsubishi Power Americas, Inc. and Magnum Development, LLC, in the United States (US) Department of Energy’s (DOE) USD 504.4 million loan guaranty to develop the world’s largest industrial green hydrogen facility in central Utah in the United States. Closed on June 3, 2022, the loan highlights the Biden Administration and the DOE’s commitment toward supporting the clean hydrogen sector. It…

IMPACT OF COVID-19 ON AFRICA’S ENERGY AND MINING SECTOR

Posted on March 11, 2020March 11, 2020 by Gambeta News

Kieran Whyte discusses the impact of COVID-19 on Africa’s Energy and Mining Sectors. He is a Partner and Head of the Energy, Mining and Infrastructure Practice, at Baker McKenzie Johannesburg China appears to have been more interested than any other big economy in investing in the African mining sector. According to China Mining 2018, in 2011, China investors controlled only about 10 mining operations on the continent and this figure rose to at least 24 in…

IMPACT OF COVID-19 ON AFRICA’S INFRASTRUCTURE DEVELOPMENT

Posted on March 11, 2020March 11, 2020 by Gambeta News

Kieran Whyte discusses the impact of COVID-19 on Africa’s infrastructure development. He is a Partner and Head of the Energy, Mining and Infrastructure Practice, at Baker McKenzie Johannesburg. China has long been a key partner in Africa’s infrastructure development. Baker McKenzie research with IJGlobal, A Changing World: New trends in emerging market infrastructure, showed that China has targeted sub-Saharan Africa in recent years, both in the context of its need for natural resources and as…

IMPACT OF COVID-19 ON AFRICA

Posted on March 11, 2020March 11, 2020 by Gambeta News

Kieran Whyte discusses the impact of COVID-19 in Africa. He is a Partner and Head of the Energy, Mining and Infrastructure Practice, at Baker McKenzie Johannesburg The Coronavirus (COVID-19) has resulted in mass production shutdowns and supply chain disruptions due to port closures in China, causing global ripple effects across all economic sectors in a rare “twin supply-demand shock”. With South Africa having just reported its first cases of COVID-19, Africa is beginning to feel…

FUTURE OF BELT AND ROAD INITIATIVE AMIDST CORONAVIRUS SETBACKS

Posted on March 11, 2020 by Gambeta News

Amidst Coronavirus Setbacks, Sustainability Remains Key to the Future of Belt and Road Initiative Singapore/Johannesburg, 3 March 2020 – Sustainability must be at the heart of China’s Belt and Road Initiative if it is to remain a major force in global infrastructure development, according to an influential new report, produced by the Economist Corporate Network in cooperation with Baker McKenzie. Through multiple in-depth interviews with BRI participants, including those from the Asian Infrastructure Investment Bank, ABB,…

US ANNOUNCES NEW AFRICA POLICY

Posted on December 17, 2018December 17, 2018 by Gambeta News

The United States yesterday outlined its Africa strategy by reiterating its commitment to strong partnerships with key countries in Africa, specifically naming Kenya as a target for future US aid and investment. The US said it would also seek to promote intraregional trade and commercial ties with its African allies, shifting its focus from “indiscriminate aid” to one of trade and investment and positioning itself as a more sustainable alternative to what it termed “predatory”…