The ‘Africa’ Corporate Bar: Imperial Revivals and Neoliberalism
Published online by Cambridge University Press: 19 December 2024
Chapter 7 tracks the transformation of the position of Paris induced by the neoliberal turn. The marketplace of intermediaries between resource-rich African states and French businesses has long been derided as an outgrowth of the Françafrique, the interpersonal shadow networks linking France to its African pré carré. The neoliberal turn fostered the prominence of corporate lawyers as key intermediaries between the state and the market. It was also deployed within the system of the Françafrique. Due to the historical distancing of the Paris bar from business, French corporate law pioneers contributed to the expansion of a French corporate bar under the double thrust of the European Common Market and the model of the Wall Street corporate law firm. It is also as intermediaries of US multinational corporate law firms that they entered the former French pré carré in Africa qua a legal market.
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