Our office in the heart of the City of London is a vital component of our strategy to address the needs of our clients for integrated, end-to-end legal services, transaction management and efficiency on cross- border transactions across key markets in Africa
Opened in December 2021, our London-based international practice reinforces our existing transactional capabilities in corporate finance, project development, corporate/M&A and private equity, in enabling us to deliver to financial institutions, project sponsors, private and institutional investors, governments and government agencies, the specialised English law, cross-border and transactional services integral in structuring and executing many of the investments and bankable projects in Africa today.
Our London-based international practice extends our reach and presence across Africa. Through our long-standing network of relationship firms in Anglophone, Francophone and Lusophone Africa and the Maghreb, our London office enables us deliver comprehensively for our clients on their investment needs and strengthen their positions in one of the world's fastest growing, evolving and competitive regional blocks.
Our London office builds on Olaniwun Ajayi’s longstanding reputation for high quality service delivery in a wide range of corporate, commercial and contentious work
Finance
Corporate
Project Development
Dispute Resolution
ESG
Lawyers in our London office have transaction depth and expertise on projects in over 20 jurisdictions in Africa.
In this article published in Project Finance International on 14 June 2023 (PFI 747 - 14 Jun - 27 Jun (/issue/8356/pfi-747-14-jun-2023-27-jun-2023)), we analyse the recent US$1 billion BUA Cement Plc Kalambaina plant expansion in Sokoto, North West Nigeria.
The Joint English and Nigeria team of Olaniwun Ajayi has advised BUA on the US$1 billion expansion of its Kalambaina Plant in Sokoto State. The US$500 million momentous expansion debt financing was led by the International Finance Corporation (IFC) and included other esteemed financial institutions such as the African Development Bank (AfDB), Africa Finance Corporation (AFC), and Deutsche Investitions- und Entwicklungsgesellschaft (DEG). With this substantial investment, BUA plans to quadruple the plant's capacity to an impressive 8.0 million tons per annum (MTPA). The expansion will also integrate renewable energy sources into the production value chain and expand distribution channels, storage, and associated facilities.
Olaniwun Ajayi (UK) LLP has advised AFC Equity Investment Ltd (a subsidiary of Africa Finance Corporation) (“AFC”) on its acquisition of 100% of the shares in Pecan Energies AS (formerly Aker Energy AS) (“Pecan Energies”) from Aker Capital AS and The Resource Group TRG AS.
