South Africa: Project Finance/PPP & PFI

Earlier this year, a consortium led by Infinity Energy and Masdar acquired onshore wind platform Lekela Power from emerging markets private equity powerhouse Actis...

As countries round the world move to decarbonise in line with Paris Agreement commitments, governments are recognising the pivotal role to be played by private capital...

The recently launched Namibia Green Hydrogen and Derivatives Strategy sets out the Namibian Government's action plan leading up to March 2025 to establish Namibia as a major global hydrogen producer.

In 2000, the PPP Unit of National Treasury published the first draft of the standardised terms for public private partnership (PPP) agreements ("Standardisation"). At the time that the Standardisation was first published for comment a number of concerns were raised by various entities involved in PPPs, including law firms, banks, construction entities and service providers.

The question whether there can ever be a recoupment by a partner to the extent that he disposes of his interest in a partnership as opposed to a partnership disposing of assets, has always been contentious. In this context it was always contended by taxpayers that there cannot be a recoupment to the extent that a partner disposes of a partnership interest, even though a partnership is not a separate legal entity and income that has accrued to partners in common is deemed to have accrued to each

Africa is a diverse and dynamic continent that offers investors a wealth of opportunities, a fact reflected in increasing levels of international and cross-border investment activity. In common with all emerging markets, however, Africa can be a complex and risky environment in which to operate, being subject to a wide variety of laws, regulations and business practices.