THE AFRICAN LEGAL SUPPORT FACILITY HOLDS ITS 11th GOVERNING COUNCIL MEETING

Abidjan, Côte d’Ivoire, 12 May 2020 — The African Legal Support Facility (ALSF) held its 11th Governing Council meeting on 11 May 2020 by videoconference due to the COVID-19 pandemic. The members reviewed the 2019 activities of the ALSF and discussed the future of the organization..

The Council members endorsed the 2019 Annual Report and 2019 Audited Financial statements and also took note of the report on projects implemented last year. The Council received an independent evaluation report of the previous ALSF Medium-Term Strategy (2013-2017). The document reported that ALSF’s beneficiaries were highly satisfied with its interventions. It also observed that the ALSF services were relevant and effective in addressing the needs of African governments in creditor litigation and negotiation of complex commercial contracts. Furthermore, the findings of the evaluation recognized that the Facility had a suitable governance structure and demonstrated efficient deployment of its resources.

The report also highlighted, and the Council took cognizance of the ALSF efforts towards the enhancement of the M&E system, the establishment and operationalization of the ALSF Academy, and full implementation new financing instruments to broaden its sources of funding. The members noted the evaluators’ findings and applauded the ALSF Board and staff for the hard work, creativity and courage and the results achieved in period under review.

To further promote sustainability and increase ownership, the Governing Council expressed their satisfaction with the convening of the first High-Level Forum for Regional Member Countries held on 26-27 February under the theme «ALSF after 10 years: Facilitating Investment and Maximizing Resources for National Development». The Governing Council noted that during the event, the countries indicated their willingness to make financial contributions to the ALSF to enable it continue its immense contribution to their development efforts.

The Council noted the major achievements of the Facility in 2019. Most importantly, the ALSF exceeded its operational targets; consolidated and deepened its partnerships and expanded its membership. As result of this stellar performance, in 2019, two infrastructure projects supported by the ALSF won the 2018 IJ Global Awards. The Nachtigal Hydro Dam project in Cameroon won the African power sector transaction of the year and the Tiaba N’Diaye wind farm project in Senegal won the Wind African transaction of the year. Both projects will add more than 570 MW of clean energy at competitive tariffs to support industrial expansion, job creation, and economic growth in their respective countries.

The Council took note of the action plan by ALSF to assist African countries in the face of the Covid-19 pandemic and endorsed the response of the Facility in supporting the countries to deal with the fallouts including debt service issues and renegotiation of contracts.

Finally, the Governing Council bid a fond farewell to the outgoing members of the Management Board, Mr. Bruce Montador (Canada) and Mr. Mahomed Rafique (Mozambique) for their three years’ service and dedication, and excellent contributions to the Facility. The two members will be completing three years of service on the Board in June 2020.

The members commended the continued donor support to the Facility and appealed to them to continue their contribution to enhance the impact of the Facility’s interventions for sustainable development of the continent.

About ALSF
Created by the African Development Bank in 2010, the ALSF supports governments in negotiating complex commercial transactions, providing legal and technical assistance in public-private partnership projects across the oil and gas, mining and energy sectors, and covering sovereign debt issues and creditor litigation.

Contact us
Ms. Eve Ehoura, Communication Officer: e.ehoura@afdb.org
Website: www.aflsf.org




Abidjan, Côte d’Ivoire, 12 May 2020 — The African Legal Support Facility (ALSF) held its 11th Governing Council meeting on 11 May 2020 by videoconference due to the COVID-19 pandemic. The members reviewed the 2019 activities of the ALSF and discussed the future of the organization..

The Council members endorsed the 2019 Annual Report and 2019 Audited Financial statements and also took note of the report on projects implemented last year. The Council received an independent evaluation report of the previous ALSF Medium-Term Strategy (2013-2017). The document reported that ALSF’s beneficiaries were highly satisfied with its interventions. It also observed that the ALSF services were relevant and effective in addressing the needs of African governments in creditor litigation and negotiation of complex commercial contracts. Furthermore, the findings of the evaluation recognized that the Facility had a suitable governance structure and demonstrated efficient deployment of its resources.

The report also highlighted, and the Council took cognizance of the ALSF efforts towards the enhancement of the M&E system, the establishment and operationalization of the ALSF Academy, and full implementation new financing instruments to broaden its sources of funding. The members noted the evaluators’ findings and applauded the ALSF Board and staff for the hard work, creativity and courage and the results achieved in period under review.

To further promote sustainability and increase ownership, the Governing Council expressed their satisfaction with the convening of the first High-Level Forum for Regional Member Countries held on 26-27 February under the theme «ALSF after 10 years: Facilitating Investment and Maximizing Resources for National Development». The Governing Council noted that during the event, the countries indicated their willingness to make financial contributions to the ALSF to enable it continue its immense contribution to their development efforts.

The Council noted the major achievements of the Facility in 2019. Most importantly, the ALSF exceeded its operational targets; consolidated and deepened its partnerships and expanded its membership. As result of this stellar performance, in 2019, two infrastructure projects supported by the ALSF won the 2018 IJ Global Awards. The Nachtigal Hydro Dam project in Cameroon won the African power sector transaction of the year and the Tiaba N’Diaye wind farm project in Senegal won the Wind African transaction of the year. Both projects will add more than 570 MW of clean energy at competitive tariffs to support industrial expansion, job creation, and economic growth in their respective countries.

The Council took note of the action plan by ALSF to assist African countries in the face of the Covid-19 pandemic and endorsed the response of the Facility in supporting the countries to deal with the fallouts including debt service issues and renegotiation of contracts.

Finally, the Governing Council bid a fond farewell to the outgoing members of the Management Board, Mr. Bruce Montador (Canada) and Mr. Mahomed Rafique (Mozambique) for their three years’ service and dedication, and excellent contributions to the Facility. The two members will be completing three years of service on the Board in June 2020.

The members commended the continued donor support to the Facility and appealed to them to continue their contribution to enhance the impact of the Facility’s interventions for sustainable development of the continent.

About ALSF
Created by the African Development Bank in 2010, the ALSF supports governments in negotiating complex commercial transactions, providing legal and technical assistance in public-private partnership projects across the oil and gas, mining and energy sectors, and covering sovereign debt issues and creditor litigation.

Contact us
Ms. Eve Ehoura, Communication Officer: e.ehoura@afdb.org
Website: www.aflsf.org

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