Publication
Transport, Trade and Logistics Update
A new form of security following the declaration of general average (GA) has the market wondering if a real change has occurred.
Global | Publication | February 2024
Africa is rich in mineral resources that have been traded internationally for many years through Global Value Chains (GVCs). GVCs refer to international production sharing where the different stages of the production process are located across different countries. In a robust panel discussion held at the 2024 Mining Indaba, esteemed panellists engaged on GVCs, their significant feature in world trade and notably, creating an attractive investment environment and support towards Africa’s priorities.
The key takeaways from the panel on how African States ought to diversify GVCs included:
The African Minerals Strategy Group (AMSG) was formed at the Future Minerals Conference held in Saudi Arabia in January 2024. The fundamental purpose of this group is to unite Africans and maximise benefits from the continent’s mineral resources. Reports indicate that 15 countries have pledged their support towards this cause and there are expectations that more countries will join the AMSG. The appointment of Nigeria’s Minister of Solid Minerals Development, Dr Oladele Alake’s as the chairperson of the group, has inspired confidence that Africa’s placement within the global value chain will be emphasised and prioritised.
The diversification of GVCs overlaps local and international legal regimes. Our cross-border service offering and industry experts are well equipped to advise companies across all value chains, from preproduction to postproduction.
Publication
A new form of security following the declaration of general average (GA) has the market wondering if a real change has occurred.
Publication
There is much talk currently about South Africa standing at a political cross-roads, in relation to its ability to make the newly formed Government of National Unity work (and to unlock the legion economic and social benefits that would flow from making it work).
Publication
The Lloyd’s Open Form has been the maritime industry’s preferred form of agreement for salvage for over a hundred years. In response to industry concerns and the declining number of LOF contracts being concluded each year, an update to the Form was published in June this year.
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