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ARTICLE · 31 JANUARY 2018

Clyde & Co / East African Investor: January 2018 Update

Clyde & Co
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Clyde & Co has the largest presence of any international law firm in East Africa. From our hub in Dar es Salaam, Tanzania...

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Michael Strain
Michael Strain
James Pius
James Pius
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Clyde & Co has the largest presence of any international law firm in East Africa. From our hub in Dar es Salaam, Tanzania, we act as international counsel on transactions across the East African region. Our team has the ability to advise across the full spectrum of corporate transactions, including cross border M&A and private equity investments and exits.

Key recent developments in East Africa:

Ethiopia

Fairfax Africa fund plans to build USD 4 billion oil refinery

In collaboration with various Asian partners, the Fairfax Africa Fund (Fairfax) is intending to build an Ethiopian refinery with a total investment cost of USD 4 billion.

The project has completed the feasibility study stage and a site has been earmarked in Awash town, 221km east of Addis Ababa.

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