Recent Deals
Platinum Equity: on the Ugandan aspects of its US$ 2 Billion worldwide acquisition of Johnson & Johnson’s blood monitoring glucose. The Firm provided regulatory and transactional advice, including rendering support on the necessary competition approvals to consummate the transaction.
Axian Group Limited: on a cross-border acquisition involving Wanachi Group Holdings Limited, an entity that is set up in Kenya, Malawi, Mauritius, Uganda, and Tanzania to inform the proposed acquisition of three (3) Ugandan entities.
Mastercard Inc: to assess a potential investment by way of convertible promissory notes into Airtel Mobile Commerce B.V based in Netherlands, in a transaction valued at USD $ 100 Million.
Carlyle Group: an Africa focused private equity firm on the winding up of entities held indirectly by Oya Waka Holdings, its subsidiary, as part of a proposed merger between Oya Waka and TLG.
Acumen Fund Inc: on an equity investment into Sio Valley Food Industries Limited, premised on a promissory note and incorporated social impact reporting pursuant to a social reporting framework embedded in the Note.
Mastercard Inc: on on its investment into MTN Group by way of convertible notes in a transaction valued at USD 100,000,000.
Standard Chartered Bank PLC & UKEF: on an ECA Backed facility to the Government of Uganda estimated to be approximately EUR 85.2 Million for the development and construction of 115 KM Kitgum to Kidepo Road in Uganda.
Uganda Electricity Generation Company Limited: on the proposed structure of a USD 7.5 Million Million Project Finance Term Loan from the African Import Export Bank for the construction of a dam.
UK Export Credit Agency (UKEF): on the amendment and restatement of the Euro 270 Million facility agreement entered into with the Government of Uganda for the construction of Kabaale International Airport.
EMF Microfinance Fund AGmvK: in respect of a USD$ 1.5 Million facility to Premier Credit Limited and a USD$ 1.5 Million facility to Platinum Credit Limited.
Islamic Development Bank: on the regulatory issues and structuring of a proposed Sharia-compliant line of credit for one of the largest commercial Banks in Uganda.
Stitching Medical Credit Fund (MCF): on a USD 2.5 Million revolving Term Loan to Micro-haem Scientific and Medical Supplies for the supply of COVID kits to the Government of Uganda.
World Bank: through its Long-Term Finance division on a legal analysis of the legal, regulatory and tax framework for the issuance of Projects Bonds and an Infrastructure Debt Fund for the financing of infrastructure projects in Uganda.
New Vision Publishing and Printing Corporation Limited: on a novel share preference issuance leading to the subscription and allotment of shares to the Ministry of Finance, Panning and Economic Development in return for an investment of UGX. 25 Billion.
Dyer and Blair Investment Bank: a brokerage firm regulated by the Capital Markets Authority on the proposed acquisition of retail business of another regulated entity in Uganda.
Uganda Securities Exchange: on the post completion regulatory aspects of a re-organisation entailing the transfer of shares on the Uganda Securities on the Exchange in DFCU Bank from Norfund to Norfinance AS.
Cipla QCIL: on the remedial action necessary to rectify a public float deficiency. The advice related to the exposition of the secondary market options available and a comparison of best practices drawing from experience on the application of the Johannesburg Listing Rules in such scenarios.
Uganda Securities Exchange: on the legal aspects pertinent to the Infrastructure Harmonization of the Smart Order Router Central Depository System Interface and Messaging Platform for the regional securities market. The advice entailed a review of the relevant regulatory regime and the infrastructure agreement between the Stock Exchanges in Uganda, Kenya, Rwanda, Tanzania and Burundi.
Total E & P Uganda BV: on the entire regulatory and permit regulations for the entire upstream project within the Albertine Region in Uganda.
Sponsor of a Greenfield Geothermal power project in Buranga – Western Uganda: on the project finance aspects relating the development and construction of the project.
International Oil and Gas Contractor: on the tender process for the Front-End Engineering Design (“FEED”) and EPC contracts for the Kingfisher project being developed by CNOOC, Total E & P and Tullow.
ICTAS & MAKYOL: an EPC bidder on the proposed Kampala – Jinja expressway project being developed under the auspices of the Public- Private Partnerships Framework.
Consortium involving Suez and Mota Engil: on the proposed Kampala Waste Management and Disposal Public- Private Partnership.
China Offshore Oil Engineering Company: on the local content requirements applicable to the upstream sector and the reservation scheme for public works under the auspices of the Public Procurement Disposal Authority.
Google: in respect of their covid-19 vaccine features and whether the said features constitute health advertising as well as the local law requirements which are triggered by presentation of vaccine information on the google search engine.
Siemens Healthcare GmbH: on the review of their MSA and Privacy Policy including its annexes to the extent recommendable under Ugandan law.
Info Capital and CX Pay: payment aggregation service providers on the Legal and regulatory aspects pertinent to agency banking via POS, USSD codes and merchant proximity payments.
Open Data Institute: a non-profit organization in United Kingdom on the legal, regulatory and policy framework for the use of health data in Uganda.
Amazon: on the propriety of their intended Amazon Web Services, an education online platform that is operating in other African countries and how to navigate the regulatory space around collected and processing data used on their platform in accordance with Ugandan law.
Apple: on the local law requirements for processing data and using satellite phones in Uganda.
China Chongqing International Construction Company: a company wholly owned by the Chinese Government, on a construction dispute amounting to USD $6.5 Million relating to the validity of a subcontract executed under a Civil works contract.
Butama Hydro Power Electricity Company Limited: on a major environmental action in relation to the construction of Sindila 1 & 2 hydro power projects in Uganda.
Sinohydro Corporation: in administrative review proceedings before the Public Procurement Disposal Authority challenging an award of a contract for a design and build road project worth USD $ 107 Million.
Sindila Hydropower Company: on the environmental and resultant disputes that arose during the development of the Sindila 1 and Sindila 2 Hydro power projects.
Financial Access Commerce & Trade Services Limited: in an Arbitration Claim against a logistics company arising out of a Credit Supply Chain Agreement.
Uganda Railways Corporation: in a tortious liability claim in excess of UGX. 12,000,000,000/= (Uganda Shillings Twelve Billion only) against Tian Tang Group.