- Significant Matters
The financial services sector in Africa presents compelling opportunities, but also challenges which should not be underestimated.
The emphasis on much needed infrastructure projects and the fast growing middle class consumer base holds much potential, but creative strategies beyond conventional banking, insurance and investment management offerings are essential for such potential to be realised. Institutions have to be ever mindful of the complexities arising from industry reforms and the tightening of policies in many African countries.
As long-standing advisers to many of the major financial institutions in Africa and relying on our footprint in key African jurisdictions, we have the expertise, the experience and the on-the-ground knowledge to help our clients navigate the complexities that doing business in Africa frequently entails.
According to client feedback quoted by Chambers & Partners, we are “a very diligent and professional outfit”; we “add a lot of value to a transaction”; our “project management skills in putting deals together are very impressive”; and we “really take ownership of the process”.
We advise international and regional banks, investment banks, insurers and asset managers on debt and equity markets transactions, public and private mergers and acquisitions, structured, leveraged and asset financing, restructurings, product development, regulatory matters and the structuring and establishment of investment funds.
- Woolworths’ DMTN Programme
- AfDB’s loan to KCB Bank, Kenya
- Brainworks primary inward listing on the JSE
- Prudential Authority wins Constitutional Challenge to the Banks Act, 1990.
- Standard Bank’s financing of the Trans Caledon Tunnel Authority
- Complex debt restructuring and sale of The House of Busby
- Swedfund’s subordinated loan
- Masheqbank’s dual tranche loan facility to Stanbic Bank Kenya
- Standard Bank’s financing facilities to Metrofile, Kenya
- Santam Limited
- JP Morgan Chase Bank, N.A.
- CreditInnovation’s ZAR 1 billion note programme by SSI SCF (RF)
- Financing facilities for the first ever shopping mall development in Maputo
- JP Morgan Chase Bank’s establishment of inward listed programme on the Interest Rate Market of the JSE
- The Standard Bank of South Africa, Citigroup and Standard Chartered Bank plc
- Woolworths Holdings, Woolworths, Rand Merchant Bank and The Standard Bank of South Africa
- Financing facilities to Liquid Telecommunications
- Sphere Investments acquisition in Consol Holdings
- The Foshini Group’s accelerated bookbuild
- Funding of bridge facility to Sibanye Gold to acquire Stillwater Mining Company
- Imperial Holding’s transitional services arrangements with Hollard and Regent