Africa Business Group

Africa Business Group

Service

Information

The Africa Business Group (ABG) serves as a one-stop shop to coordinate a seamless and consistent service to clients with UK/Africa cross-border business affairs. Key issues we assist clients with are: Enforcement of foreign judgments, arbitration awards and asset recovery - (Insolvency) We deliver complex and international asset tracing and insolvency services, supporting stakeholders of distressed businesses and those who have suffered financial loss. We assist businesses from the UK or Africa involved in cross-border litigation and asset recovery. We develop strategies for recovering value, including the identification of claims that may be brought against third parties, the recovery of funds and assisting on complex workouts in both the UK and overseas. International arbitration, disputes and forensic investigations - (Forensic & Investigation Services (FIS)) We specialize in acting as expert witness on quantum calculation and other accounting or financial issues. We also assist clients with disputes where we provide commercial, regulatory and accounting expertise to value assets and complex products, quantify losses and provide recommendations on addressing deficiencies. Our forensic investigations specialists have substantial experience working within Africa to investigate suspected wrongdoing, including fraud, bribery and corruption, money laundering and breaches of law and regulations. This can range from complex, multi-jurisdictional investigations, to isolated instances of alleged employee fraud. Please contact UK Partner & Head of Africa Business Group Amaechi Nsofor amaechi.nsofor@uk.gt.com
Grant ThorntonGrant Thornton has over 750 offices in 147 markets with 68,000 plus people and for the year ending 2021 had revenue of US$7.2bn. Grant Thornton has the largest dedicated contentious insolvency team in the field which is focused on asset recovery, and which has pioneered the use of insolvency powers, along with other civil legislation, as a tool to trace and recover assets on an international basis. The team have recovered circa US$3billion of hidden and misappropriated assets over the last 8 years for creditors worldwide. Grant Thornton offers a host of complementary services including director services, corporate intelligence, digital asset recovery and funding options including the Asset recovery fund (a specialist enforcement fund established to provide third-party financing for large and complex asset recovery claims). Grant Thornton Offshore is a one-stop global solution for insolvency, asset recovery and even forensic services, working across all major onshore and offshore jurisdictions. Our key onshore and offshore member firms have been drawn from Grant Thornton International’s presence in 140+ countries – allowing our clients instant access to a cross-service line multi-jurisdictional team that can be deployed at a moment’s notice. In addition to our Offshore offering, we have UK based partners that focus on specific jurisdictions including Africa, Middle East, CIS, Eastern Europe and Asia to effect bespoke recovery strategies.​ Our global experts have worked on some of the most high-profile insolvency and asset recovery cases of recent years. Together with our insolvency, asset recovery and forensic services our expertise also includes financial restructuring teams, contingency planning and restructuring solutions.

Join the event!