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The prospect of a significant increase in foreign investment in Africa has led African states to increase their deficits, individually or collectively, in energy, transport and telecommunications infrastructure. The aim for these countries is to reduce production costs and improve their competitiveness in order to attract foreign direct investment flows to the African continent.
Understandably, these foreign investments are grouped together in legal instruments drafted in foreign languages. This is where GLS’s expertise comes into play, to ensure that contracts, facilitation instruments and credit line agreements are accurately translated.
New policies and strategies, as well as larger-scale infrastructure development programs, are taking shape through legal and regulatory reform and public-private partnership agreements. Here again, the GLS system makes it possible to conclude these PPPs without any language barrier.