27th of April: How to manage corruption risk when doing business in Africa?

February 24, 2017

What does it require to manage corruption when doing business in African markets? In this breakfast seminar you will get lessons learned and perspectives from leading individuals from the industry sector, private equity and anti-corruption experts.

The African market offer great business opportunities for Norwegian companies and investors. Although the perception of corruption is greater than the reality in African countries, several Norwegian companies have been involved in corruption cases when doing business on the continent.  

Risks that should and must be managed to ensure success include political, legal, operational and financial risks, and last but not least corruption and reputational risk. Managing corruption risk when doing business in Africa require knowledge, expertise and adequate due diligence. Join us for this breakfast meeting and learn why.

Thursday 27th of April, 08:00 – 10:30 at SANDS – Steenstrup Stordrange, Cort Adelers gate 33, 0254 Oslo.

Program

TIME TOPIC PRESENTER
08.00 – 08.30 Registration and breakfast  
08.30 – 09:00 Anti-corruption in investment processes – before and after closing Mr.Nicolai Skridshol, Partner and Lawyer in Steenstrup Stordrange and Ms. Lene Eia Bollestad, Special Advisor in Steenstrup Stordrange
09.00 – 09:30 How does a large multinational company manage corruption risk? Experiences in Africa from Yara’s perspective Mr. Ezekiel Ward, Chief Compliance Officer in Yara
09.30 – 10.00 How does a private equity fund manage corruption risk? Experiences from one of the leading funds focusing on the African market Stanlib – representative (tbc)
10.00 – 10.30 Questions and answers moderated by Mr. Eivind Fjeldstad, Managing Director, Norwegian-African Business Association (NABA)

For more information or to sign up please contact Mr. Eivind Fjeldstad at NABA: ef@norwegianafrican.no

Price for attendance: free for NABA members and kr 495,- (excl. VAT) for non-members. 

Our speakers:

Mr. Nicolai Skridshol, Partner and Lawyer in Steenstrup Stordrange

Nicolai Skridshol specializes in investigation and compliance, dispute resolution and litigation. He has extensive experience with Norwegian and international anti-corruption work, inter alia, with British and American corruption legislation such as the UK Bribery Act and the Foreign Corrupt Practices Act (FCPA). Nicolai also has extensive experience in assisting major corporations, organizations and public institutions in their preventative and detective investigations in various jurisdictions, including numerous jurisdictions in Asia, Africa and Europe.

 

Ms. Lene Eia Bollestad, Special Advisor in Steenstrup Stordrange

Lene Eia Bollestad is an investigation and compliance specialist. She has thorough expertise as an advisor for corporations as regards their strategic and operational processes and handling anti-corruption or other ethical and commercial issues, also when the client is in a crisis situation. She manages both domestic and foreign teams and has broad international experience from assignments in several jurisdictions, including Asia, South-America and Africa.

Lene advises companies, organizations and public institutions in strategic processes, investment processes and transactions, both before investing in new markets, through mergers, acquisitions or when signing contracts with third parties. She contributes with insight into relevant issues related to anti-corruption, integrity or other ethical matters which may involve the risk of financial and/or reputational loss.  

Mr. Ezekiel Ward, Chief Compliance Officer in Yara International 

Ezekiel is the Chief Compliance Officer at Yara International ASA in Oslo, Norway. He is a lawyer by education and a chartered accountant (ACA, England & Wales).

Reporting to the CEO, Ezekiel has established full scope compliance systems globally, from business partner integrity due diligence to global training programs. With a team of over 15 full time compliance professionals, he has also delivered in-house investigation and business intelligence capabilities. He has managed the program in the course of a cross border anti-corruption investigation and international arbitration.

 

Following the seminar, participants are welcome to meet the team from SANDS – Steenstrup Stordrange, as well as NABA member company IHS Markit. (Please email us to request 1:1 meetings.) 

About IHS Markit: 

IHS Markit Economics & Country Risk: Addressing strategic challenges with interconnected capabilities

Shifting economic power and emerging risks create uncertainty across global markets.

In order to maintain a competitive advantage and sustainable growth, organizations must continually evaluate their business strategies. Our Economics & Country Risk solutions provide a 360-degree perspective on factors influencing your markets to help you make more effective strategic decisions. Use IHS Markit economic and industry expertise, proven forecasting methodology, and advanced platforms and tools to quickly and confidently identify opportunities and anticipate risks.

You can schedule 1:1 meeting with Ms. Natznet Tesfay, Director of Africa Analysis within the IHS Economics and Country Risk business unit. Her areas of specialization include analysis of counter-party risks and stakeholder mapping; political developments affecting the power and offshore energy sectors in West Africa, particularly Nigeria; and commercial developments, especially in mining, energy, and infrastructure in East Africa. Ms. Tesfay leads development of the Africa Open Source (OSINT) inputs and horizon scanning infrastructure, drawing on a range of Indicators & Analytics methodologies such as geospatial analysis and scenario modelling techniques.

Natznet contributes directly to business growth, shaping IHS’s SSA business development strategies, advising C-level executives on market entry and risk management, and African governments on leveraging their natural resource potential for economic growth. In 2017, Natznet was named a Young Global Leader by the World Economic Forum in Davos in recognition of her work on investment and development in Africa. She regularly speaks in major media outlets, and at high-level conferences such as CERAWeek, IP Week, TXF Africa, NeMA Africa and EuroFinance and for organisations like the Royal African Society and Frontline Club. Previously, she had advised governments on the development of free trade zones, foreign policy and the mining sector in East Africa.