Mainstream Renewable Power’s Financing of two wind projects in the Northern Cape and Western Cape provinces in South Africa

White & Case LLP has advised Absa Bank Limited (acting through its Corporate and Investment Banking Division), as exclusive mandated lead arranger, sole underwriter and sole hedge provider, on the R6.6 billion financing for Mainstream Renewable Power’s two wind projects in the Northern Cape and Western Cape provinces in South Africa. The projects, Kangnas and […]

Société d’Aménagement Zenata (SAZ)’s Agreement with the Saudi German Hospital Group

DLA Piper has advised La Société d’Aménagement Zenata (SAZ), the entity in charge of the overall development of the Zenata Eco-City in Morocco, on the signature of a cooperation agreement with the Saudi German Hospital Group to develop a healthcare centre. Zenata is the biggest Eco-City project in Morocco and the first to have obtained […]

Cellulant Corporation’s series C equity capital raising

DLA Piper Africa has advised leading pan-African fintech service provider, Cellulant Corporation, on its series C equity capital raising from The Rise Fund (TPG’s global impact investment fund), Endeavour Catalyst and Satya Capital. The company’s existing investors include Velocity Capital Private Equity, Progression Capital Africa and TBL Mirror Fund. The transaction is subject to various […]

GuarantCo Ltd.’s $74 million re-guarantee facility to the guarantors of a number of financial institutions who provide loans to small and medium sized enterprises in Africa

Eversheds Sutherland has advised GuarantCo Ltd. on the provision of a re-guarantee facility, worth up to $74 million, to the guarantors of a number of financial institutions who provide loans to small and medium sized enterprises in Africa. The facility, provided to the African Guarantee Fund for Small and Medium Sized Enterprises and the African […]

Figeac Aéro’s €38 Million Financing of expansion in Morocco and Tunisia

Clifford Chance et Meziou Knani & Khlif ont conseillé dans le cadre de l’opération Banque Européenne pour la Reconstruction et le Développement (BERD) a finalisé son financement de 38 millions d’Euros à la société Figeac Aéro, constructeur aéronautique français en forte croissance, pour l’extension de ses installations de production au Maroc et en Tunisie. Figeac […]

ECL Finance Limited’s $75 Million Masala Bonds Offering on the Mauritius Stock Exchange

Appleby Mauritius advised ECL Finance Limited, a Mumbai-based financial services company, in its offer, by way of private placement to targeted investors, of INR denominated USD settled notes (also commonly known as masala bonds) aggregating to INR 5.02 billion (US$75 million equivalent in INR). The Appleby team was led by Partner, Malcolm Moller (Picture) and […]

IHS Netherlands Holdco B.V.’s $800 Million eurobond offering

Aluko & Oyebode acted as Nigerian Legal Counsel to the Joint Lead Managers, Citibank Global Markets Limited, Goldman Sachs International and Standard Chartered Bank in connection with the US$800 Million eurobond issuance by IHS Netherlands Holdco B.V., the holding company of IHS Nigeria Limited, which is the largest mobile telecommunications infrastructure provider in Africa. The […]

MakeMyTrip Limited’s creation of one of the leading travel groups in India

Appleby is advising NASDAQ listed MakeMyTrip Limited in connection with the transaction that will combine MakeMyTrip Limited & Ibibo Group under MMYT. The combination brings together a number of leading consumer travel brands, including MakeMyTrip, goibibo, redBus, Ryde and Rightstay, creating one of the leading travel groups in India, that provides a one-stop shop for […]

Access Bank Plc’s $300 Million Eurobond Offering

Aluko & Oyebode acted as Nigerian counsel to Access Bank Plc (“the Bank”) on its recent US$300 Million Eurobond issuance under the Bank’s US$1,000,000,000.00 Global Medium Term Note Programme. Access Bank Nigeria Plc provides commercial banking services. The bank, led by Mosunmola Belo-Olusoga, Herbert Onyewumbu Wigwe, Obinna David Nwosu, Roosevelt Michael Ogbonna and Elias Igbinakenzua […]

Compagnie Agricole de Saint-Louis secures $31.4 Million Funding

Geni & Kebe advises Compagnie Agricole De Saint Louis on €31.4 Million Rice Production Project Recognising the potential of Senegal’s agricultural industry, the African Development Bank and the European Investment Bank have funded a €31. 4million project to the Compagnie Agricole de Saint-Louis for rice production in Senegal. GENI & KEBE advised Compagnie Agricole de […]