African Insights: taking guarantees and securities in Africa

07 December 2015

In the latest African Insights we consider certain of the issues that lenders should be aware of when taking guarantees and security in respect of loans to African businesses.

We discuss some of the general principles involved, specifically:

  • guarantees and security generally;
  • relevance of the legal regime; and
  • exchange controls.

We also provide some further insight on some of the specific jurisdictions with which we have had recent experience, including:

  • Ghana;
  • Kenya;
  • Nigeria;
  • South Africa;
  • Zambia; and
  • Zimbabwe.