Centurion Law Group Opens Office in Cameroon, Targets Resurgent Economy, Oil and Gas Sector as Key Market Entry Opportunities
Malabo, Equatorial Guinea, (Law Firm Newswire) September 11, 2015 – Centurion Law Group is continuing its pan-African expansion with the opening of an office in Cameroon.
The group will set up operations in Douala, Cameroon’s largest city and the wealthiest business hub in Central Africa. Centurion will extend to clients a range of services in all its practice areas, including arbitration and commercial litigation, corporate and finance law, labor and employment, and oil and gas. The office represents the first move by an international law firm into Cameroon. The Douala office will be staffed with eight lawyers from Cameroon with academic and professional credentials from North America, the UK, France, Nigeria and Cameroon.
Centurion has aggressive growth plans in Cameroon, fuelled by a resurgent oil and gas industry and a resilient economy. Extensive experience in oil and gas has underpinned the group’s emergence as one of Africa’s top “go-to” law firms. Its energy practice, with expertise in contracts, financing, privatization and compliance with government regulations and legislation, has been a key reference point in large oil and gas markets like Equatorial Guinea, Congo Brazzaville, Chad, Ghana, Gabon, Nigeria and Angola.
“Centurion Law Group’s entry into Cameroon is representative of our firm’s Africa-wide growth strategy,” said NJ Ayuk, the CEO of Centurion Law Group. “Our aggressive entry is to serve the CEMAC community and signifies our continued growth in the region, and thanks our loyal energy industry and corporate clients. We have come to serve our oil and gas clients who are presently operating here or seek to enter the market. As in our other markets, we endeavor to create an enabling business environment and promote the rule of law.”
Following years of systemic production declines, Cameroon enjoyed an increase in oil output in 2014. The market is benefiting from a new gas law and a 2014 licensing round that attracted major interest from foreign players. A ramp up in gas production has freed up plentiful reserves for investments in industrialization and electricity generation. Oil and gas are once again the cornerstones for growth in Central Africa’s largest economy.
Centurion is a leading pan-African legal and business advisory group with extensive experience in oil and gas law. The group provides outsourced legal representation and covers a full suite of practice areas for its clients, including arbitration and commercial litigation, corporate law, tax and anti-corruption advisory and contract negotiation. Centurion specializes in assisting clients that are starting or growing a business in Africa.
NJ Ayuk, Chief Executive Officer
Centurion Law Group
Parques de Africa
+240 222 781613