A&K Tanzania

Key Partners: Shemane Amin and Geofrey Dimoso

ALN Tanzania | A&K Tanzania is one of Tanzania’s pre-eminent, full-service corporate and commercial law firms and a leading regional powerhouse based in Dar es Salaam.

The firm’s consolidated and seamless cross-border offering is driven by a diverse and talented team of over 100 lawyers based in our Dar es Salaam, Dubai, Nairobi and Mombasa offices. Our lawyers have wide-ranging experience and deep knowledge of the Tanzanian market, which optimally positions them to provide pragmatic advice to clients navigating the local landscape.

The firm has extensive expertise in handling sophisticated transactions across sectors, including financial services, natural resources including mining and energy, manufacturing, agriculture, technology, media and telecoms, and hospitality. ALN Tanzania’s core practice areas include corporate commercial including mergers and acquisitions, banking, finance and insolvency, project finance, projects and infrastructure, real estate, tax, competition, capital markets, employment, corporate restructuring and dispute resolution.

ALN Tanzania is recognised as a market leader by distinguished global legal guides, our market-leading offering is bolstered by our pan-African reach through ALN, an integrated alliance of the leading full-service corporate law firms in 14 African countries and the UAE.

Main Practice Areas:

• Banking, Finance & Insolvency
• Capital Markets
• Competition
• Corporate M&A
• Dispute Resolution
• Employment
• Forensics, Risk & Compliance
• Intellectual Property
• Private Client
• Projects & Infrastructure
• Real Estate & Construction
• Tax

Notable matters include acting for/advising:

• UN Capital Development Fund in connection with a USD 23 million infrastructure green revenue bond to be issued by Tanga Water Supply and Sanitation Authority (Tanga UWASA) for purposes of developing long-term capital solutions for Tanzanian sub-national entities.
• BHP Group, a multinational mining, metals, and petroleum company, in connection with their USD 100 million convertible debt investment into the Kabanga Nickel Project in Tanzania, which is the the largest development-ready nickel sulphide deposit in the world.
• DP World in connection with its 30-year concession agreement with the Tanzania Ports Authority, one of the few PPP projects implemented by the Government of Tanzania, to rehabilitate and operate several berths in the Dar es Salaam port.
• Credit Suisse in connection with a USD 1.2 billion financing to the Government of Tanzania through the Ministry of Finance and Planning.
• New Forests Asset Management, a global investment manager offering high-impact strategies in sustainable forestry and related sectors, in connection with the acquisition of Green Resources, a leading forestry and wood processing company in East Africa with a combined approx. 40,000 hectares, and all its African subsidiaries.
• Huaxin Cement Company, one of the world’s leading companies in the building materials industry, in connection with its acquisition of 100% of the issued shares in Maweni Limestone, a Tanzanian company involved in the business of making clinker and manufacturing and distributing cement.
• Actis, one of the largest private equity groups in Africa, and Westmont Hospitality Group, one of the largest privately-held hospitality groups having owned or operated over 1,100 hotels globally, in connection with the acquisition of hotel assets in Tanzania and Kenya.
• An international single-family office of impact and technology professionals in connection with the acquisition of a majority interest in Nomad Tanzania, one of Tanzania’s largest safari camp/lodge operators, owning 14 camps/lodges around the country.
• Coordinating Committee of bondholders in Petra Diamonds, holding USD 650 million in bonds, on a debt-to-equity conversion transaction that resulted in the client acquiring a significant interest in the Petra Diamonds group,
• Arise BV in connection with the acquisition of 35% stake owned by its shareholders, Rabobank, in NMB Bank Plc.
• LeapFrog Investments Group in connection with its acquisition of 24.1% shareholding in ICEA Lion Group, a Kenyan-headquartered group with subsidiaries in Uganda and Tanzania, including advising ICEA Lion General Insurance (Tanzania), ICEA Lion’s Tanzanian subsidiary and the Tanzanian target.
• Various suppliers to the EACOP, including Schneider Electric, in connection with the oil and gas regulatory frameworks and local content requirements.
• China Road and Bridge Corporation, an international enterprise engaged in the construction of large infrastructure worldwide, in connection with the tax and legal structure for the construction of a mixed used development.
• Woodside Energy in connection with stamp duty and capital gains tax in relation to its acquisition of 70% of the participating interest in the Lake Tanganyika South onshore oil and gas block.
• Stichting DOB Equity, Microgrid Catalytic Capital Partners, Omidyar Network Fund, and Acumen Fund, in connection with an investment in Windgen Power USA, a company that has built solar wind projects across seven countries in Africa.
• CDC Group, a development finance institution owned by the UK government, in connection with its merger notifications to the Fair Competition Commission in respect of its USD 140 million equity investment for 40.65% of the issued share capital in ARM Cement, a company listed on the Nairobi Stock Exchange and a producer of cement, lime and fertiliser, with operations and mining concessions in Kenya, Tanzania and Rwanda.
• Holcim, a Swiss-based global building materials and aggregates company, in connection with preparing and filing the antitrust applications and obtaining merger clearance for its acquisition of a Lafarge business unit in Tanzania.
• A private equity fund in connection with a due diligence review of a potential investment with a focus on risk in the operating environment and the profile of the target, including conducting corporate intelligence, undertaking a high-level review of transactions and preparing of a risk profile influenced by the financial, tax and legal due diligence.