Here are the legislative (laws and ordinances) and regulatory (decrees) texts recently adopted by the Council of Ministers on Thursday, December 14, 2017. The government adopted a total of one law, three (3) ordinances, and eight (8) decrees. Briefly, they are as follows: Draft Laws and Ordinances Ministry of Economy and Finance, in collaboration with …
Ordinance No. 2013-662 of September 20, 2013, on Competition
Ordinance No. 2013-662 of September 20, 2013, on Competition
New Body of Judicial Officers in Côte d’Ivoire
New Body of Judicial Officers in Côte d’Ivoire One of the key objectives of this new judicial body is to simplify judicial procedures and to reduce or eliminate jurisdictional conflicts between bailiffs and auctioneers, according to Minister Bruno Nabagné Koné. The Ivorian government announced on Wednesday, March 7, 2018, the creation of a new body …
The State of Côte d’Ivoire Plans to Establish a Civil Status Code
The State of Côte d’Ivoire intends to create a dedicated Civil Status Code. In the near future, the civil status of natural persons will no longer be governed by the Civil Code, as Côte d’Ivoire plans to implement a separate legal framework specifically designed to regulate this area. What is civil status? Civil status refers …
Investing in Côte d’Ivoire: Key Contractual Frameworks
According to global economic experts, 2012 marked the starting point of a new economic momentum for Côte d’Ivoire, following the numerous turbulences the country experienced between 2002 and 2011. Indeed, the Doing Business 2012 report published by the World Bank highlighted the country’s achievements in attracting foreign investment (approximately USD 352 million between 2008 and …
Structured Financing of €8 Million – CLKA Advises an Islamic Fund in a Murabaha Transaction
CLKA Law Firm advised an Islamic Fund in the implementation of a Murabaha financing transaction amounting to €8,000,000 for the benefit of an Ivorian bank. As legal counsel to the lender, we handled all matters related to the transaction, including due diligence, review and examination of the financing agreements, and the issuance of the necessary …
The Judgement No. 01/2014 of the 30th of April 2014 of the Court of Justice of the WAEMU: Critique of a Surprising Decision
On the 10th of January 1994, eight chiefs of states and of governments firmed the treaty establishing the West African Economic and Monetary Union.
Structured Financing in the Context of an 8.4 Billion CFA Franc Syndicated Loan with Société Générale, Ecobank, and BNI – CLKA Advised and Assisted the Borrower
In its commitment to helping local companies grow and become local champions, CLKA provides its expertise in financing large-scale projects in which they are involved. It is therefore with great pleasure that we advised and assisted our client in raising CFA 8.4 billion from the banking pool of Société Générale Côte d’Ivoire, ECOBANK, and BNI. …
10th OHADA International “Génies en Herbe” Competition – Abidjan, October 1–6, 2018
In partnership with CLKA, the final phase of the 10th edition of the International “Génies en Herbe OHADA” Competition was held in Abidjan, Côte d’Ivoire, from October 1 to 6, 2018. The event was organized by the International Committee of OHADA “Génies en Herbe” (CIGHO) and the Association of Law Students of Côte d’Ivoire (AEJCI). …
Whims and Mysteries in the Dismissal of Corporate Officers under OHADA Law
The invention of the legal entity by Rome, whose very first legal entity in history was the State, is one of the great marvels of legal science. To give substance and life to this marvel, so that it could express itself like natural persons—beings of flesh and blood it seeks to emulate—ingenious jurists turned to …
