By Andrew Cadman and Bridgett Majola

There has recently been a great deal of hype regarding the opportunity that Africa presents to foreign investors seeking high returns no longer available in more developed markets.

Part of the attraction is often based on the assumption that the regulatory environments of African countries are unsophisticated or non-existent meaning that deals are easier to implement from a regulatory perspective. Whilst it is true that there was a time when doing business in Africa was relatively easy from a regulatory perspective, this situation is rapidly changing, particularly in the area of competition law and, more specifically, merger control. Continue reading »