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Alfred Olufemi

Alfred Olufemi

Alfred Olufemi covers central and northern Africa for Law.com International, writing about lawyers and legal issues on the continent. His coverage includes the business of law, global and domestic law firms, in-house legal departments and regulatory issues. He can be reached at [email protected]

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June 28, 2024 | International Edition

Kenya Supreme Court Decision May Spark Bank Lawsuits

The court decided interest rates on loans and bank facilities are subject to the Banking Act and can't be changed 'willy-nilly'.

By Alfred Olufemi

2 minute read

June 24, 2024 | International Edition

Spencer West's 70-30 Fee Split May Be a Game-Changer for African Law Firms

The firm, with more than 260 partners in the U.K. and overseas, launched two offices in Africa in early 2024 and hopes to disrupt the market with their remuneration model.

By Alfred Olufemi

5 minute read

June 21, 2024 | International Edition

Africa Deal Round-up: A&O Shearman, Dentons Lead on $1.3B Morocco Project

In another deal in Nigeria, Clifford Chance and Slaughter and May are advising parties on the sale of a majority stake in Guinness Nigeria.

By Alfred Olufemi

4 minute read

June 19, 2024 | International Edition

Post-COVID Growth in Africa Fuels Arbitration and Law Firm Strategies

The London Court of International Arbitration saw African party involvement soar from 4% in 2022 to 8% in 2023, prompting law firms to strategize about how to adapt to this dynamic shift.

By Alfred Olufemi

6 minute read

June 12, 2024 | International Edition

Top S. African Law Firm ENS Cleared of Liability in Client's Cybercrime Case

South Africa's largest law firm Edward Nathan Sonnenbergs (ENS) has won its Supreme Court appeal in a cybercrime case closely watched by the legal community.

By Alfred Olufemi

2 minute read

June 11, 2024 | International Edition

Kenya Challenges Authority of Cash-Strapped East African Court It Helped Establish

The Supreme Court of Kenya has challenged the EACJ's authority in a precedent-setting decision that poses a significant threat to the future of the regional court and the rule of law in eight East African countries.

By Alfred Olufemi

5 minute read

June 06, 2024 | International Edition

Africa Deal Roundup: Global Firms Lead on Deals in Kenya, Egypt, and South Africa

In Egypt, Cleary Gottlieb Steen & Hamilton and Alliance Law advised U.S. Philip Morris International (PMI) on its acquisition of an indirect 14.7% minority stake in Eastern Tobacco Company, Egypt's largest cigarette producer valued at more than $1.2 billion.

By Alfred Olufemi

5 minute read

June 04, 2024 | International Edition

South African Investors and Law Firms on Edge Over ANC Coalition Talks

Investors fear the parties might strike a deal that could lead to nationalization of the South African Reserve Bank and other key institutions, expropriation of property and a move away from the rule of law.

By Alfred Olufemi

3 minute read

June 01, 2024 | International Edition

Baker McKenzie Raids Cliffe Dekker for 5-Lawyer Banking & Finance Team in S. Africa

The team is led by Phetole Modika and Pitso Kortjaas who both join Baker McKenzie as partners.

By Alfred Olufemi

4 minute read

May 30, 2024 | International Edition

What Is Driving the Demand for Competition Specialists in Africa?

Egypt, Kenya, Nigeria, South Africa and other major African hubs now have active competition regulators, and client demand for legal advice has driven law firms to create stand-alone competition practices that did not exist 10 years ago.

By Alfred Olufemi

7 minute read