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Home AFRICA

Africa Day: Investment guide to doing business in Africa

NELSON MANDELA | PML Daily ReporterbyNELSON MANDELA | PML Daily Reporter
May 25, 2021
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JOHANNESBURG, South Africa — Over the past decade, Africa has become a potential investment destination as the appetite for doing business grows and as many opportunities arise.

Africa’s fast-growing business environment has indicated greater innovation and has provided strategies to success in the world’s next big growth market according to Brookings.

While in some parts of the continent there are significant challenges in accessing critical information on investment, tax and regulatory regimes, the potential for business to play a transformative role across all sectors, truly exists. In addition, with the AfCFTA creating a continent-wide market, major economic growth appears to be on the horizon.

With this in mind, Africa Day aims to reflect the founding of the Organisation of African Unity (African Union) and celebrate the cultural and economic potential of our continent.

As the continent commemorates the foundation of the Organisation of African Unity on May 25, 1963, Centurion Law Group aims to position itself at the forefront of Africa’s business practices with the upcoming launch of its new knowledge and legal platform on doing business in Africa.

In just a few days, the Pan-African corporate law conglomerate will launch its much-anticipated Africa Investment Guide set to provide a wealth of legal and business knowledge gravely required by businesses seeking to invest on the continent.

This Investment Guide, put together by experts, provides practical and in-depth insight on relevant laws and regulations which impact investments in the different African countries.

“Availability of reliable information on the legal and regulatory landscape of countries of interest has remained a non-tariff barrier to trade and investment in Africa. What Centurion has done here is to put to great use, its unique positioning across Africa to bridge the gap between potential social and economic investors on one hand, and government and local private sectors in Africa on the other hand,” noted Zion Adeoye, the Managing Director of Centurion Law Group.

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