Members of LEX Africa from South Africa, Botswana, Ghana, Kenya, Mauritius and Mozambique provide insight into the local laws, and recovery mechanisms available in each of these jurisdictions.

An understanding of this is essential for any investor, financial institution or corporate who might be considering investing or lending in Africa where it is important to understand the limitations, scope and efficacy of the insolvency regimes applicable in each jurisdiction. The ability to foreclose and extract value in an insolvent and distressed debt situation determine successful outcomes and maximise recoveries.

All of these issues were discussed by our panel who shared practical insights and suggestions about the recovery mechanisms available in the respective jurisdictions.