Tanzania

IFLR1000 Reviews

Financial and corporate
Bowmans Tanzania

Bowmans is a pan-African firm with a focus on business law. The firm has regional offices throughout South Africa and national offices in Tanzania, Uganda, Malawi, Zambia, Mauritius, and Kenya. The Tanzanian team consists of fifteen lawyers in an office in Dar es Salaam. 

 

Focusses / specialisms 

The firm advises on deals across a wide scope of industries.  It engages in transactions within the banking, capital markets, M&A, private equity, project development, and restructuring and insolvency (R&I) practice areas. The firm has experience in advising on domestic law as well as foreign, such as English, Kenyan, South African and Zanzibari. 

 

Key clients 

The firm has developed strong relationships with Diamond Trust Bank, UBL, Absa, Stanbic, IFC, KfW, AfreimBank, CDC, Tanzania Breweries, CBA, NIC Group, Zanzibar Telecoms, ARM Cemeent, BASF Group, PR NG Miners, Kokoa Kamil, Barrick Gold, Rio Tinto Mining and Exploration, Tancoal Energy, Sea Salt, Strandine, SGS, Nyika Capital, Orica Tanzania, Freight Fowarders, Equinor, and Vivo Energy. 

 

Research period review: 32nd edition (2022/2023) 

During the research period Bowmans was active in financial and corporate work. 

The firm advised acquirers, lenders and issuers in mergers, investments, acquisitions and bond issuances. Many of the firm’s clients were financial institutions. 

In September of 2021, partner Asha-Sabrina Ayub departed from the firm for undisclosed reasons. 

  

Deal highlights: 32nd edition (2022/2023) 

B Capital Group/Goodwin Procter $3 billion investment in Flutterwave 

Network International Holdings $291 million acquisition of One Payment Tanzania 

Trafigura $500 million acquisition of Puma Energy 

 

Client feedback: 32nd edition (2022/2023) 

M&A 

"Bowmans are extremely thorough in their approach, and are very professional to deal with. They work long hours in order to ensure good service. Charles Mmasi is a very capable junior partner with a particular attention to detail - he is a safe pair of hands to have on board when doing business in Tanzania." 

 

Project development: Energy 

"Bowmans are extremely thorough in their approach, and are very professional to deal with. They work long hours in order to ensure good service. Charles Mmasi is a very capable junior partner with particular attention to detail - he is a safe pair of hands to have on board when doing business in Tanzania." 

 

Charles Mmasi 

"Very careful legal analysis and responsiveness." 

Dentons EALC East African Law Chambers

Dentons EALC East African Law Chambers is a corporate law firm in Tanzania.

 

Focusses / specialisms

The firm is particularly strong in financial and corporate work with a specialism in M&A transactions for sellers.

 

Key clients

Key clients of the firm include Vodacom Tanzania, CRDB Bank Tanzania, Serengeti Breweries Tanzania, Nokia, Exxon Mobil, Geita Gold Mining, Tanzanice Agrofoods Company, JCDecaux SA, PricewaterhouseCoopers, DSV Air & Sea, the Henry Jackson Foundation for Medical Research International, Construzione General Giulardi, Furaha Trading, Uber Tanzania and Total.

 

Research period review: 33rd edition (2023/2024)

During the research period the firm was active on both financial & corporate and project development work. Specifically, the firm worked on a mix of acquisitions, financings and project work for a mix of lenders, borrowers and developers in the banking, energy, mining and technology & telecommunications.

 

Deal highlights: 33rd edition (2023/2024)

East African Crude Oil Pipeline Project

 

Client feedback: 33rd edition (2023/2024)

Banking and finance

“They are very competent and professional.”

 

Stella Ndikimi

“Very good in corporate.”

FB Attorneys

FB Attorneys is a full-service law firm based in Dar es Salaam. The firm is a member of Lex Africa. 

  

Focusses / specialisms 

The firm has a strong practice in both financial & corporate and project development, achieving top tier status for Tanzania in both. 

  

Key clients 

Key clients of the firm include Total, Milicom, Yapi Merkezi, Uranium one and Anglo gold. 

  

Research period review: 32nd edition (2022/2023) 

During the research period the firm was active in financial and corporate. 

Within financial and corporate, the firm was very active in projects, particularly project finance. The firm advised sellers and acquirers in reverse mergers, asset acquisitions, project acquisitions, land acquisitions and joint ventures spanning the mining, automotive, agrobusiness and hospitality sectors. 

 

Deal highlights: 32nd edition (2022/2023) 

Agro Culture East Africa Limited $45 million project financing 

Nyimbo Holdings $120 million project financing 

Olivia Holdings $38 million restructuring 

  

Client feedback: 32nd edition (2022/2023) 

Bank lending: Borrower side 

"Excellent fellows. Very dynamic. Know banking laws in and out. Extremely efficient. Pleasure to deal with." 

"They are prompt and know the law at their fingertips. They are efficient with their turnaround time and keep you updated on every milestone accomplished." 

 

Banking and finance 

"Easy to access and mostly straight to the point on advisory." 

 

Financial restructuring 

"They are the best so far, effective and efficient and that is why we have been using them for all the phases." 

 

M&A 

"Classy and efficient lawyers. I enjoy working with them. They know the law very well." 

"Highly competent team, well versed in all local laws." 

"Highly competent team." 

"Highly competent in their field. They have access not only to lawyers but lawyers who know finance and corporate law. Very impressive team. Hard to find such talent." 

 

Project development: Energy 

"They are always available 24/7, very efficient and effective. They do quality work." 

"Satisfactory proactive legal and financial services being rendered by FB Attorneys." 

 

Project development: Infrastructure 

"Thorough research-based knowledge and application. Understanding our needs and addressing the requirements." 

"Very good firm." 

"Very professional; very insightful on all new laws; documentation preparation is thorough." 

 

Project development: Transport 

"They are always available 24/7, very efficient and effective. They do quality work." 

 

Alyshah Bharwani 

"Prompt, a good communicator and efficient." 

"Alyshah has been our contact person since we signed our engagement with FB Attorneys." 

"She knows the law and is always responsive no matter what time of the day or night." 

"Very responsive and accountable." 

 

Fayaz Bhojani 

"A world class legal practitioner. I can compare him with any of the top lawyers in the world. Knows his stuff very well." 

"Highly skillful and efficient; manages his team very well; can foresee problems." 

"Positive - bubbles with knowledge, always gets a solution." 

"Solid lawyer, great negotiator and high skill set." 

"Good listening and understanding abilities. Analytical and agile thinking. Solid knowledge." 

"We do not undertake any project without consulting him. Very highly rated lawyer on the continent. I would rate him at the very top." 

"Well rounded, efficient, well read." 

 

Abel Mwiburi 

"Knows what he is doing and explains the same in simple industry language." 

"Brilliant lawyer." 

IMMMA Advocates

IMMMA Advocates is a corporate law firm in Tanzania. The firm has three offices in Tanzania in Dar es Salaam, Mwanza and Zanzibar.

 

Focusses / specialisms

The firm is particularly strong in project development work but is also very active in financial and corporate work with an emphasis on refinancing and M&A transactions for clients related to financial services.

 

Key clients

Key clients of the firm include Citibank Tanzania, Trade & Development Bank, NCBA Bank Tanzania, CRDB Bank Tanzania, African Development Bank, East African Development Bank, Kenya Commercial Bank, Bank of Africa Tanzania, Ecobank Tanzania, Standard Charted Bank, Diamond Trust Bank, Absa Bank Tanzania, Exim Bank, Bank of Africa Tanzania, and DCB Bank Tanzania.

 

Research period review: 33rd edition (2023/2024)

During the research period the firm was active in financial and corporate work. Specifically, the firm worked on acquisitions and financings for a mix of acquirers and lenders in the banking and financial services sectors.

ALN Tanzania | A&K Tanzania

Anjarwalla & Khanna Tanzaniais the Tanzanian presence of the Kenyan law firm Anjarwalla & Khanna. The firm is based in Dar es Salaam. A&K is the founding member behind ALN, an alliance of leading corporate law firms currently in 15 key African jurisdictions. ALN firms have a presence in Francophone, Anglophone, Lusophone and Arabic speaking Africa: Algeria, Cote D'Ivoire, Ethiopia, Guinea, Kenya, Madagascar, Malawi, Mauritius, Morocco, Nigeria, Rwanda, Sudan, Tanzania, Uganda and Zambia. 

 

Focusses / specialisms 

The firm has a strong practice in financial and corporate work achieving top tier status for Tanzania. The firm is also very active in project development work. 

 

Key clients 

Key clients of the firm include Equity Group Holdings, Huaxin Cement Company, Sinohydro Corporation and Cargill Financial Services International. 

 

Client Feedback: 32nd edition (2022/2023) 

M&A 

"Outstanding in every respect." 

 

Restructuring 

"Available at any time. Always respond personally, high quality of service and documentation." 

 

ARS Law & Advisories

Founded in May of 2017, ARS Law & Advisories is a full-service firm that has allied itself with other firms within the Tanzanian region to provide exemplary service to its clients. The firm’s office is in Dar es Salaam. 

 

Focusses / specialisms 

The firm has substantial experience in financial and corporate practice, as well as in project development. Within financial and corporate, the firm focuses on M&A, but is also strong in capital markets, banking and finance and restructuring and insolvency. 

The particularly adept M&A team regularly advises cross-border clients, specifically private equity firms and financial institutions. 

The project development team is notably active in energy, mining and oil and gas. 

 

Key clients 

The firm’s key clients include Africure Pharmaceuticals , Allen & Overy, Boart Longyear Tanzania, Imaan Finance and Krishna Finance & Investment. 

 

Research period review: 32nd edition (2022/2023) 

Over the research period, the firm was active in financial and corporate practice. 

The financial and corporate team participated in several M&A transactions, advising acquirers and sellers in complex acquisitions across various industries. The team also participated in numerous confidential matters. 

In March of 2022, the firm recruited partner Dr. Frederick Ringo to join the financial and corporate team. 

 

Client feedback: 32nd edition (2022/2023) 

Banking and finance 

"Legal opinion for banking license." 

"They are very thorough and meticulous with their work." 

 

M&A 

"Commitment, professionalism and integrity." 

 

Project development: Energy 

"Thorough knowledge of local laws and regulations and professional in their conduct." 

 

Project development: Infrastructure 

"Easily accessible. Very thorough. Prompt in responding." 

 

Restructuring: Restructuring and insolvency 

"Excellent and fundamental advice and services in property transfer." 

 

Aisaa Kisamo 

"Excellent communication; attention to detail." 

 

Shaimza Ratansi 

"Very active and communicative." 

"Very knowledgeable and thorough in her work. Very responsible lawyer." 

"A good listener to appreciate the position. Provision of carefully considered opinion. Understanding of client concerns. Full inclusion of all case elements." 

 

Amish Shah 

"Ethical approach to business and sound knowledge of local laws and regulations." 

"Integrity - doing the right thing. Know-how - well versed with the local laws and regulations." 

"Responds in a timely manner. Knowledgeable. Easily accessible." 

Clyde & Co

Established in 1933, Clyde & Co is the Tanzanian presence of the international law firm of the same name. The firm has over 2,500 legal professionals operating from over 50 offices and associated offices across six continents. The firm in Tanzania is led by managing partner Peter Kasanda and is based in Dar es Salaam where the firm has five partners and a total of 13 lawyers.

 

Focusses / specialisms

The firm has a strong practice in both financial and corporate and project development achieving top tier status for Tanzania in both these areas.

 

Key clients

The firm’s key clients include African Legal Support Facility, Federal Government of Somalia, Gladiator Resources and Premier Solar Group.

 

Research period review: 33rd edition (2023/2024)

Over the research period, the firm was active in financial and corporate as well as project development.

The financial and corporate team advised several acquirers, sellers, investors and lenders on acquisitions, financings and investments for clients in the mining, manufacturing and financial services sectors among others.

The firm’s project work consisted of working on projects for clients in the energy and manufacturing sectors among others.

 

Deal highlights: 33rd edition (2023/2024)

Serengeti Breweries TZS 70 billion debt financing

 

Client feedback: 33rd edition (2023/2024)

Banking and finance

“They are responsive, commercially astute and alive to issues.”

“They are responsive, reliable and knowledgeable of the local market. Easy to communicate with and had a very good understanding of the assignment.”

 

Project development

“They have a global network of clients which we would never have access to.”

“The services provided by Clyde & Co brought a very high added value to our project, making them compliant with local regulations, and at the same time more attractive for partners, lenders and investors.”

“Well informed, up to date with recent developments and professional.”

 

Restructuring

“Their work was detailed, commercial and impressive. They have bench strength, in that their partners are strong, but they are well supported by competent senior associates.”

 

Tenda Msinjili

“Knowledgeable with good client management.”

“Tenda is a very knowledgeable attorney who knows her field very well. She provides practical and hands-on advice and has a good understanding of the client's needs.”

 

Peter Kasanda

“Very good problem-solving and coming up with innovative solutions.”

“He is orally articulate, has good written communication skills, and also is a good listener.”

“Peter is incredibly well networked and has developed an extremely strong reputation for providing commercially sound advice in Tanzania, and the region more broadly. He understands the law and he understands the way in which it is implemented – and in Tanzania there can be a gulf between the two.”

“Peter is the managing partner of the firm. He is a leading project finance expert in the region. His reputation is impressive, his client management is very strong and he leads a strong and growing team of lawyers.”

Extent Corporate Advisory

Extent Corporate Advisoryis a Tanzanian law firm based in Dar Es Salaam 

 

Focusses / specialisms 

The firm has a particular focus on project related work. 

 

Key clients 

A key client of the firm is Total East Africa. 

Vemma Consult Attorneys

Vemma Consult Attorneysis a Tanzanian law firm established in 2008 by managing partner Verdiana Nkwabi Macha. The firm is based in Dar es Salaam. 

 

Focusses / specialisms 

The firm has a focus on financial and corporate work. 

 

Key clients 

Key clients of the firm include Balton Tanzania, CRDB Bank, Britam Insurance Tanzania, Stichting Medical Credit Fund, Cassava Starch of Tanzania Corporation, CSI Energy Group, PharmAccess International, CCL Global, CATA Mining Company and Asas Group of Companies.