Parsons has advised AMNI International Petroleum Development Company Limited and TotalEnergies EP Nigeria Limited on a financing above US$1 billion for the development of the IMA non-associated gas field, offshore Nigeria. AMNI holds a 60% interest in the field and TEPNG the remaining 40%, acting as technical adviser.
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Nigeria’s Petroleum Industry Act 2021 replaced a fragmented legal order with a coherent one, and the institutional and fiscal scaffolding is now largely in place. The record of the past five years nonetheless shows that enactment, implementation and market response are three distinct things moving at three different speeds.
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The African Development Bank's African Economic Outlook 2026 (the "Report") arrives at a pivotal moment for African economies. Published against a backdrop of geopolitical fragmentation, tightening global financial conditions and declining external development assistance.
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The Africa Finance Corporation's State of Africa's Infrastructure Report 2026 (the “Report”) advances a conclusion that is both clear and compelling: Africa's binding development constraint has shifted from capital availability to capital deployment.
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In a significant development for Nigeria's climate finance and sustainability agenda, the President has formally approved the execution and practical application of Nigeria's Carbon Market Framework (the “Framework”).
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As part of the efforts to improve production numbers in Nigeria, the Nigeria Upstream Petroleum Regulatory Commission (NUPRC or the Commission) has announced the commencement of another licensing bid round scheduled to commence on 1 December 2025 (2025 Bid Round).
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Across Africa, the digital economy is expanding at a remarkable speed. Artificial intelligence, fintech innovations, cloud computing, and mobile-first solutions are transforming how people live, work, and do business. With this rapid transformation comes the critical determination of who controls the data that fuels this growth?
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Africa is emerging as a key player in the evolving global carbon economy. The continent's abundant natural assets, growing project pipeline, and rapidly maturing regulatory environment present a compelling opportunity for private sector actors looking to align climate action with profitability.
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Africa’s vast deposits of rare earth elements (REEs) and critical minerals such as cobalt, lithium, manganese, graphite, and nickel have placed the continent at the centre of a new global scramble.
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Parsons, a new Africa-focused global law firm, has officially launched with offices in London, the United Arab Emirates, and Nigeria. The firm is positioned to advise corporations, financial institutions, sponsors and government entities on complex, cross-border legal matters, with a particular focus on transactions involving African markets and their intersection with global capital and commercial flows.
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