the authoritative voice of the EMEA market

Developing
Markets

Developing markets offer great opportunities as global dynamics shift, demand for their resources increases and new technologies evolve. The LMA.... Find out more

What's New?

Developing Market Insight

Loan Market Data & Analytics (March 2017)
Thomson Reuters LPC Report

Emerging Markets Sovereign Rating Trends 2017 (January, 10, 2017)
Standard & Poor's Ratings Services Report

EMEA Emerging Markets Trail Behind Previous Years In Loans (April, 19, 2017)
Dealogic Statshot

shutterstock_109964054_430.jpg

Developing Markets Bulletin

For the latest documentation updates, regulatory submissions, legal and regulatory news, and upcoming LMA events relevant to the Developing Markets region.

Unlocking Financing for Developing Independent Power Projects in Nigeria

In this briefing note, Dentons focus on IPPs and highlight: (a) some of the milestones that IPP developers will need to achieve and associated challenges to be overcome in order to successfully develop IPPs; and (b) some of the key risks which lenders who finance IPPs will expect to see managed to a satisfactory level in order to develop a bankable IPP that can be financed on a project finance basis.

Risk and Raising Capital in East Africa

This briefing, produced by Clifford chance, explores the future role of Africa in international trade and the challenges and risks that banks and corporates in East Africa face in successfully raising capital. These topics are taken from Clifford Chance’s Risk and Raising Capital Conference 2017 in Nairobi.

LMA updates its African local law facility agreement and Users Guide

The LMA has reviewed and updated its African local law facility agreement and Users Guide, for use in each of Kenya, Tanzania, Uganda, Nigeria and Zambia. This follows an extensive review process by local LMA working parties in each of the relevant jurisdictions. Amendments include updates to certain statutory references, the drawing of a distinction between mainland Tanzania and Zanzibar, and additional guidance provided for Nigerian law transactions (including a footnote on execution by way of seal). The document has also been colour coded to make it easier to draw a distinction between clauses intended for different jurisdictions (including separate conditions precedent schedules for each country).

Guide to Dispute Resolution in Africa and Banking on Africa: Guide to Financing Transactions on the Continent

Bowman Gilfillan has produced a 'Guide to Dispute Resolution in Africa', which provides an overview of issues relating to litigation and arbitration in certain key African jurisdictions. It has also produced a briefing on 'Banking on Africa: Guide to Financing Transactions on the Continent'. This answers some of the most frequently asked questions relating to the provision of financing and the law in certain key African jurisdictions, as well as the regulations relating to collateral in these jurisdictions. Click the arrow to view.

Growing the syndicated loan market in Sub-Saharan Africa

This booklet outlines our core aims and activities in Sub-Saharan Africa, as well as a number of articles and summaries of our 2016 conferences.