Legal and Regulatory Framework > African Development Bank

African Legal Support Facility

The AfDB recently launched The African Legal Support Facility with the aim of helping highly indebted poor countries (HIPCs) resolve problems caused by vulture funds. It is also foreseen that this facility could assist regional member countries with highly technical international trade negotiations and complex commercial transactions with multi-national companies, for example the mining sector. The Facility provides works to remove asymmetric technical capacities and level the field of expertise among parties. The Facility is currently assisting several governments in evaluating their legal and regulatory frameworks relating to Public-Private Partnerships.

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