Fasken Martineau is pleased to release its Guide to Investing in Africa: Tax and Foreign Exchange Control Considerations.
Africa is the world’s second largest continent with 54 countries and a population of more than a billion or 16% or the world’s population. Africa has vast, untapped reserves of natural gas and oil (10% of the world’s reserves), and huge unexploited hydroelectric power. Africa has a great quantity of other natural resources, including diamonds, cobalt, uranium, copper, bauxite, silver and cocoa bean. As such, Africa continues to be a magnet for foreign investment.
With over three decades of on-the-ground experience in Africa, Fasken Martineau’s team of lawyers has produced a ground-breaking guide to assist clients in navigating the numerous investment opportunities Africa promises.
The 2015 edition, our first Guide to Investing in Africa, provides initial information to assist with your investment options, and details information on:
- Tax and foreign controls
- General corporate tax laws
- Existence of double tax treaty networks, and
- Available bilateral agreements
The 2015 Guide focuses on 10 African jurisdictions, namely Angola, Botswana, Democratic Republic of Congo, Ghana, Kenya, Mozambique, Namibia, Nigeria, South Africa and Zambia.
This guide will be of use to individuals and companies looking to explore African investment opportunities and for businesses seeking to expand their African operations.