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Legal Framework Conditions for Investments in Africa

In: Practical Handbook Business in Africa

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  • Boris Schilmar

Abstract

The legal landscape of Africa does not have a uniform legal system, as it has developed from tribal traditional legal orders influenced by Islamic law, which is still applicable in family and inheritance law, to different manifestations of legal understanding under French or British colonial rule. In recent decades, efforts have been intensified to unify the law on the African continent. In particular, commercial law, corporate law, and insolvency law have been harmonized. These harmonization efforts have also led to increased legal certainty and transparency for investors.

Suggested Citation

  • Boris Schilmar, 2023. "Legal Framework Conditions for Investments in Africa," Springer Books, in: Thomas Schmidt & Kay Pfaffenberger & Stefan Liebing (ed.), Practical Handbook Business in Africa, chapter 0, pages 267-271, Springer.
    • Handle: RePEc:spr:sprchp:978-3-658-42518-0_22
    DOI: 10.1007/978-3-658-42518-0_22
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