General
Organisers Announce Shortlist for 2018 Private Equity Africa Awards
By Dipo Olowookere
Private Equity Africa (PEA) has announced the shortlist for its 7th Annual GP & Advisor Awards (PEA Awards).
A statement issued by the organisers said this year’s Awards Gala Dinner would be hosted at the prestigious 5-Star Langham Hotel in London on Tuesday, June 12, 2018.
This follows the PEA LP-GP Investor Summit, a full day event and the summit includes hosted sector-focused round-tables, lunch discussions and an open room debate session.
The PEA Awards celebrate the achievements in the African private equity market, focusing solely on the best-in-class achievements of investors and advisors in the industry.
The final winners will be selected by an independent panel of highly respected industry participants, based on selections from the London Business School Private Equity Institute and the PEA Awards Nomination Team.
The 2018 PEA Awards have received a record number of entries, the highest since the awards were launched.
Based on 2017 achievements, the self-entries are complemented by editorial recommendations from the Private Equity Africa team and industry data.
According to the Awards Chair and Editor of Private Equity Africa, Gail Mwamba, “The PEA Awards are growing from strength to strength with a record number of entries this year, the most we have received since the launch of the awards.
“The high quality of the entries we have received shows the industry’s resilience in continuing to deploy capital and execute world-class deals, even in challenging market conditions.”
Below is the awards shortlist by category
GP AWARDS
HOUSE OF THE YEAR
SUBCATEGORIES: SSA, Regional & Specialist
ACA
Actis
AfricInvest
Amethis
Capitalworks
Carlyle
DPI
Ethos
Helios
Investec Asset Management
LeapFrog
Mediterrania Capital Partners
Old Mutual Alternative Investments
Verod
XSML
DEAL OF THE YEAR
Large-Cap
Abraaj – Tunisie Telecom
Actis – Honoris
Carlyle – Shell Gabon
DPI – Atlantic Business International
Harith – Sheltam
Helios – GBFoods Africa
Milost Global – Eco Medical
Mid-Cap
8 Miles – Blue Skies
AfricInvest – Britam
Alta Semper – Macro Pharmaceuticals
Amethis – Groupe Premium
Apis – Greenlight Planet
Atlas Mara – Union Bank Nigeria
Capitalworks – Minet, Petmin, Sovereign Food
Carlyle – GCR
EMR – Capital Lubambe
EuroMena – Retail Holding
Investec Asset Management – Kamoso
Medu Capital – HeroTel
Sanlam – JAB Dried Fruit
TA Associates – Interswitch
Small-Cap & Venture Capital
4Di Capital – Sensor Networks
AFIG – Tecnicil
African Rainbow Capital – A2X Markets
AfricInvest – ICS
Agile Capital – Goldrush
Algebra Ventures – ElMenus
Alta Semper – Health Plus
Argentil – Chocolate City Express
Ascent Capital – Kisumu
Catalyst – Jambo Biscuits
DiGAME – 10X Investments
Draper Associates – BitPesa
Energy Access Ventures – SunCulture
Enko – AMI International, Ecobank
I&P – Societe Malienne de Blanchisserie
Kalon Venture Partners – i-Pay, SnapnSave
Kibo Capital – Tropigalia
Kleoss Capital – Debt Rescue
Knife Capital – Quicket
LeapFrog – AllLife
Lereko & Metier – Butama
Moringa – Tolaro
Musa Capital – Swanib Cables
Oasis Capital – Legacy Girls College
Old Mutual Alternative Investments – Faircape Life Right
Pointbreak – Khomas Solar Saver
Quona Capital – AllLife
Sahel Capital – Crest Agro
Synergy Capital – Dimension Data, Northstar
Teranga Capital – OuiCarry
Verod – Oreon Education
XSML – Monishop
Debt
AfricInvest – Carbon Holdings
Injaro – AviNiger
Investec Asset Management – Akuo Kita Solar
Moringa – Tolaro
Old Mutual Alternative Investments – Sifiso Education
TLG – BAJ Stations
Vakayi – Homelux
Vantage – Purple Capital
XSML – Monishop
Infrastructure
AHL – PowerGen
AIIM – Albatros, Starsight
Black Rhino – Qua Iboe Power Plant
Denham – Te Power
DOB Equity – PowerGen
Helios – Starsight
EXIT OF THE YEAR
SUBCATEGORIES: Large, Medium, Small-Cap, Landmark
Actis – Edita
AfricInvest – Comete Engineering, Tunisian Health Care Centers
Capitalworks – Much Asphalt
CDG Capital – Intelcia
Convergence Partners – Dimension Data Middle East & Africa
DiGAME – Getsmarter
DOB Equity – Joseph Initiative
DPI – CAL Bank
ECP – Java House
EXEO Capital – Fairfield Dairy
Injaro – Nafaso
Investec Asset Management – Daraju
Lereko & Metier– AE AMD Renewable Energy
Mediterrania Capital Partners – San Jose & Lopez
Standard Chartered Private Equity – CEC Zambia, ETG, Kamoso
PORTFOLIO COMPANY OF THE YEAR
SUBCATEGORIES: Innovation, Improvement, Development & Social Impact
8 Miles – Awash Wine
Actis – Honoris
AfricInvest – Esprit
Argentil – Winchester Farms
Carlyle – J&J Africa
DPI – KMR Holding Pdagogique
Duet – Dashen Brewery
ECP – Oragroup
Fanisi – Haltons
Helios – Interswitch, HTA
Injaro – Agricare Ghana, Gold Coast Fruits
LeapFrog – Goodlife
Mediterrania Capital Partners – Medtech
Quona – Zoona
TLG – MyBucks, Cipla Quality Chemicals
Verod – Central Securities Clearing Systems
Zebu – Topcrust Bakery
ADVISOR AWARDS
Legal Advisors
Global Legal Advisors
SUBCATEGORIES: Overall, Funds, Transactions & Single Deal
Akin Gump
Allen & Overy
Baker McKenzie
Charles Russell Speechlys
Cleary Gottlieb Steen & Hamilton
Clifford Chance
Cuatrecasas
Debevoise & Plimpton
Dentons
DLA Piper
Eversheds Sutherland
Foster Pepper
Freshfields Bruckhaus Deringer
Herbert Smith Freehills
Hogan Lovells
Latham & Watkins
Linklaters
Norton Rose Fulbright
O’Melveny
Orrick, Herrington & Sutcliffe
Simmons & Simmons
White & Case
Local & Frontier Legal Advisors
SUBCATEGORIES:Overall, Funds, Transactions & Single Deal
Aluko & Oyebode
Anjarwalla & Khanna
Banwo & Ighodalo
Bentsi-Enchill, Letsa & Ankomah
Bowmans
Cliffe Dekker Hofmeyr
ENSafrica
Olajide Oyewole
Musa Dudhia & Co
The New Practice
Udo Udoma & Belo-Osagie
Webber Wentzel
Werksmans Attorneys
Financial Advisors
Global Financial Advisors
SUBCATEGORIES: Overall & Single Deal
Crossboundary
Deloitte
EY
KPMG
Marsh
PwC
Rothschild & Co
Taylor Collison
Local & Frontier Financial Advisors
SUBCATEGORIES: Overall & Single Deal
CI Capital Investment
EFG Hermes
Merchantec Capital
Meziou Knani & Khlif
Pangaea Securities
Perigeum
Viva Africa
Other Advisors
ABSA Capital
EBS Advisory
ERM
Stanbic IBTC
Fund Administrators
Abax Services
Augentius
Axis
Intercontinental Trust
Maitland
SANNE
SGG
Trident Trust
General
Customs, Police Commence Tighter Security at Ports to Protect Oil Trade
By Adedapo Adesanya
“We are fully committed to working with the new Commissioner of Police and giving all necessary support towards the successful discharge of his responsibilities.”
General
FG Boosts Civil Servants’ Pay with New Allowance Review
By Adedapo Adesanya
The federal government has approved a sweeping increase in peculiar allowances and other welfare benefits for civil servants, aimed at improving take-home pay and boosting morale across the public service.
The announcement was made on Friday by the Head of the Civil Service of the Federation, Mrs Didi Walson-Jack, during a press briefing in Abuja, where she outlined key reforms endorsed by the Federal Executive Council (FEC).
According to Mrs Walson-Jack, the review affects workers under both the Consolidated Public Service Salary Structure (CONPSS) and the Consolidated Research and Allied Institutions Salary Structure (CONRAISS), ensuring a broad-based impact across all cadres.
She said the revised peculiar allowances have been structured to reflect across all grade levels, resulting in a meaningful increase in earnings for both junior and senior officers.
In addition, the government approved an upward review of several key allowances, including duty tour allowance (DTA), estacode, and book allowance.
Mrs Walson-Jack noted that virtually all allowances listed under the Public Service Rules have now been revised.
A major highlight of the reform is the approval of 100 per cent Duty Tour Allowance for civil servants attending approved training programmes, regardless of whether travel is involved.
Beyond salary-related adjustments, the government also introduced a new exit benefit scheme for retiring civil servants under the Contributory Pension Scheme. The scheme provides 100 per cent of a retiree’s total annual emoluments as an exit package, in addition to their pension, effective January 1, 2026.
Mrs Walson-Jack described the move as a step toward ensuring dignity in retirement, stressing that no public servant should leave service without adequate financial support.
The government also confirmed the operationalisation of the Employee Compensation Scheme, designed to provide financial protection for workers who suffer job-related injuries or death.
The reforms come amid growing calls from labour unions for improved welfare, as rising living costs continue to put pressure on workers. Analysts say the combined measures could significantly enhance financial stability for civil servants and improve overall productivity in the public sector.
General
Surrogacy Laws in Ukraine: What Every International Parent Must Know Before Starting the Process
One of the primary reasons international couples choose surrogacy in Ukraine is the country’s clear and well-defined legal framework. Unlike many nations where surrogacy exists in a legal gray area or is outright prohibited, Ukraine has codified the rights of intended parents, the obligations of surrogate mothers, and the procedures for establishing legal parenthood.
Understanding these laws is not just advisable but essential. Proper legal preparation ensures that your parental rights are protected, that the process runs smoothly, and that your child’s citizenship and documentation are handled correctly from day one.
The Legal Foundation of Surrogacy in Ukraine
Surrogacy in Ukraine is primarily regulated by two pieces of legislation: the Family Code of Ukraine and the Civil Code of Ukraine. The most significant provision is Article 123, Paragraph 2 of the Family Code, which states that when an embryo conceived through assisted reproductive technologies is transferred to another woman’s body, the married couple who initiated the procedure are recognized as the parents of the child.
This provision is remarkably protective of intended parents. It means that from the moment of embryo transfer, the intended parents are considered the legal parents. The surrogate mother has no legal claim to the child, and there is no requirement for an adoption process or court hearing to establish parenthood.
Additionally, Article 139 of the Family Code reinforces the principle that the surrogate cannot contest the parentage of a child born through a surrogacy arrangement. This dual-layer legal protection is one of the strongest in the world and is a major reason why surrogacy in Ukraine is so attractive to international couples.
Who Is Eligible for Surrogacy in Ukraine?
Ukrainian law sets specific eligibility criteria for intended parents. To qualify for a surrogacy program, you must meet the following requirements:
Marital status: Both partners must be legally married. Ukraine requires a valid marriage certificate, which must be translated into Ukrainian and apostilled.
Medical indication: There must be a documented medical reason why the intended mother cannot carry a pregnancy. This could include uterine abnormalities, repeated IVF failures, recurrent pregnancy loss, or other reproductive health conditions.
Heterosexual couple: Under current Ukrainian legislation, surrogacy is available only to heterosexual married couples. Single parents and same-sex couples are not eligible at this time.
Genetic connection: At least one of the intended parents must have a genetic connection to the child. This means that either the eggs or the sperm (or both) must come from the intended parents. Donor gametes may be used for one component if medically necessary.
The Surrogacy Agreement: Legal Protection for All Parties
Before any medical procedures begin, a comprehensive surrogacy agreement must be executed between the intended parents and the surrogate mother. This legally binding contract is a cornerstone of the process and covers several critical areas.
The agreement defines the rights and obligations of both parties, the compensation structure for the surrogate, medical care provisions during pregnancy, conditions under which the agreement may be terminated, and the procedures for establishing parenthood after birth. Ukrainian law requires this agreement to be notarized, and experienced agencies ensure that all legal requirements are met.
Working with an agency that has in-house legal expertise is essential for ensuring the agreement complies with Ukrainian law and addresses the specific needs of the intended parents. Agencies like Militta provide dedicated legal teams that handle all documentation, from the initial surrogacy agreement to the final birth registration.
For more details about how the legal and medical process works, visit Militta’s comprehensive surrogacy guide.
Birth Registration and Documentation Process
One of the most important moments in a surrogacy journey is the birth of the child and the subsequent documentation process. In Ukraine, this is remarkably straightforward compared to many other countries.
Immediately after the birth, the child’s birth certificate is issued by the local civil registration office (known as RAGS in Ukraine). The certificate lists the intended parents as the mother and father, with no mention of surrogacy or the surrogate mother. The surrogate’s consent is not required for this registration because Ukrainian law already recognizes the intended parents’ rights from the moment of embryo transfer.
After obtaining the birth certificate, the intended parents must proceed with several additional steps. The birth certificate must be apostilled and translated for use in their home country. They must then visit their home country’s embassy or consulate in Ukraine to register the child’s birth, obtain citizenship documentation, and apply for a passport or travel document for the newborn.
The timeline for this post-birth documentation process typically ranges from two to six weeks, depending on the home country’s embassy processing times. During this period, intended parents usually stay in Ukraine, and their agency provides accommodation assistance and logistical support.
Country-Specific Considerations for International Parents
While Ukrainian law is clear and protective, intended parents must also consider the legal requirements of their home country. Different nations have varying approaches to recognizing children born through international surrogacy.
Parents from countries within the European Union, for example, may need to go through additional recognition procedures depending on their specific national laws. Some EU countries, such as Spain and France, have historically been more complex in recognizing surrogacy-born children, while others, like Portugal, have clearer pathways.
Parents from the United States, the United Kingdom, Australia, and China each face their own specific documentation requirements. A knowledgeable surrogacy agency will be familiar with the requirements of your home country and can guide you through the specific steps needed to bring your child home.
Surrogate Rights and Protections in Ukraine
Ukrainian surrogacy law also establishes protections for surrogate mothers. To be eligible, a surrogate must be between 18 and 35 years of age, have at least one healthy child of her own, and pass comprehensive medical and psychological evaluations. These requirements ensure that surrogates are making informed, voluntary decisions.
Surrogates in Ukraine receive compensation that is contractually guaranteed, along with full medical care throughout the pregnancy and a reasonable recovery period after birth. Reputable agencies ensure that surrogates are treated with dignity and that their health and wellbeing are prioritized throughout the process.
Surrogacy in Ukraine in 2026: Current Status and Safety
As of 2026, surrogacy programs in Ukraine continue to operate with full legal backing. The legal framework governing surrogacy has remained stable, and clinics in central and western Ukraine, particularly in Kyiv and Lviv, maintain their operational capacity.
Reputable agencies have implemented comprehensive safety protocols to protect all parties. This includes careful selection of medical facilities in secure locations, contingency planning for logistics, and continuous communication with intended parents throughout the process. International travel to Ukraine is facilitated through European transit routes, and agencies assist with all travel arrangements.
Frequently Asked Questions About Surrogacy Law in Ukraine
Can the surrogate mother change her mind and keep the baby?
No. Under Ukrainian law, the surrogate has no legal rights to the child. The intended parents are recognized as the legal parents from the moment of embryo transfer, and the birth certificate is issued in their names.
Do I need to go through an adoption process after the surrogate gives birth?
No. Unlike many other countries, Ukraine does not require any adoption proceedings for surrogacy-born children. The intended parents’ names appear directly on the birth certificate.
What documents do I need to start a surrogacy program in Ukraine?
You will typically need a valid marriage certificate (apostilled and translated), passports for both intended parents, medical documentation confirming the need for surrogacy, and a notarized surrogacy agreement. Your agency will provide a complete document checklist.
How do I bring my surrogacy-born child back to my home country?
After obtaining the Ukrainian birth certificate, you must register the birth at your home country’s embassy in Ukraine, obtain citizenship documentation, and apply for a passport or travel document for the child. This process typically takes two to six weeks.
Is surrogacy in Ukraine safe in 2026?
Yes. Surrogacy programs operate successfully in central and western Ukraine, with established safety protocols. Leading agencies like Militta have extensive experience managing programs for international clients and ensure the safety and wellbeing of all parties involved.
Ensuring a Legally Secure Surrogacy Journey
The legal landscape of surrogacy in Ukraine is one of the most favorable in the world for intended parents. With clear legislation that protects parental rights from the very beginning, a straightforward birth registration process, and no need for adoption proceedings, Ukraine provides a secure foundation for building your family.
The key to a successful surrogacy journey lies in thorough preparation and partnership with experienced professionals. By choosing a reputable agency with proven legal expertise, you can navigate the process with confidence, knowing that every step is handled in compliance with Ukrainian law and with your family’s best interests at heart.
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