The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Egorov Puginsky Afanasiev & Partners has become the first Russian law firm to score an M&A deal in Africa.
The firm advised Rusal, the world's third-largest aluminium producer, on its acquisition of 77.5 per cent of the government of Nigeria-owned metal works Alscon.
Partner Ednan Agaev, who advised on the deal along with the firm's chairman Dmitry Afanasiev, said this acquisition was a significant move for Russia.
"The acquisition of Nigeria's Alscon demonstrates the major advances that Russian investors are making in securing assets in Africa, where the continent's rich natural resources offer a real and lasting financial opportunity," Agaev said.
The Nigerian government was represented by the State Bureau of Privatisation in the country's first-ever dealing with Russian investors.