Hall Of Fame

Capital markets in Ghana

Bentsi-Enchill, Letsa & Ankomah

Bentsi-Enchill, Letsa & Ankomah handles both debt and equity capital markets work. The team’s proficiency is trusted by local and international clients alike, including both South African and English clients. The department is led by the seasoned duo, Seth Asante and Frank Nimako Akowuah, with Sophia Sena Berdie recently elevated to partner. The bulk of the workload for the team concerns IPOs, secondary fundraising and additional listings.

Praxisleiter:

Seth Asante; Frank Nimako Akowuah


Weitere Kernanwälte:

Sophia Sena Berdie; Jojo Bentsi-Enchill


Referenzen

‘Bentsi-Enchill, Letsa & Ankomah (BELA) has notably more experience than any other legal firm in the country in advising on major capital market transactions. The team has a well-fashioned team segmentation structure that enables their clients to deal with the relevant staff assigned to a task; they also appear to have a well-detailed billing system.’

‘Seth Asante: Length of experience and knowledge of industry and regulator key players. Frank Akowuah: Confidence and knowledge in providing advisory services.’

‘The practice has dedicated people who focus on clients‘ needs, apply innovation in solutions to solve challenges in assignments, and leverage collaboration to deliver excellent service to clients.’

Kernmandanten

Stanbic Bank Ghana LTD


Temple Investments Limited


Stanbic Investment Management Services


Tenth Capital Investment Limited


CALBank PLC


Agricultural Development Bank PLC


Highlight-Mandate


  • Advising Stanbic Bank Gh Ltd on the establishment of a privately placed and unlisted commercial paper and medium-term note issuance programme.
  • Advised CAL Bank PLC on its capital raising which included a rights issue and additional listing on the Ghana Stock Exchange.
  • Advising Temple Investment Limited on its establishment of a ground-breaking GHS 500mcredit-linked note issuance programme.

ENSafrica

ENSafrica remains a cornerstone of Ghana’s capital markets, offering comprehensive coverage across the entire sector while expanding into emerging areas such as the issuing of commercial paper and the listing of green bonds. A standout feature of the team is the hands-on leadership of Paa Kwesi Morrison, whose extensive advisory experience spans all aspects of deal structuring for financial institutions. Alongside fellow partners, Morrison has skilfully guided high-value transactions, including advising banks on the proposed restructuring of outstanding eurobonds by the Government of Ghana.

Praxisleiter:

Paa Kwesi Morrison


Weitere Kernanwälte:

Mandy Ofori Sarpong ; Cletus Danliar Banseh ; Rachel Dagadu


Kernmandanten

Goldman Sachs


DC Administration Services, Inc


Franklin Templeton


Ghana Securities Industry Association


Morgan Stanley


Mirepa Capital SME Fund I LTD


Merrill Lynch International Limited


J.P. Morgan Securities plc


Barclays Bank PLC


Bank of America


Standard Chartered Bank


Standard Chartered Bank Ghana PLC


The Standard Chartered Bank Of South Africa Limited


Highlight-Mandate


  • Advised Merrill Lynch International and Standard Chartered Bank in relation to the restructuring of outstanding Eurobonds by the Government of Ghana.
  • Advised Standard Chartered Bank and Standard Chartered Bank Ghana Plc in relation to the validity and enforceability of the 2011 version of the ICMA/SIFMA GMRA and the annex to the GMRA.
  • Advised Mirepa SME Fund I LTD in connection with a GHS10m convertible loan note instruments with Wami Agro Limited.

JLD & MB Legal Consultancy

JLD & MB Legal Consultancy specialises in the representation it has built on advising multinational corporations and the government of Ghana, receiving mandates from clients in sectors as diverse as fintech, mining and insurance. The team is led by a capable quartet of lawyers – Merene Benyah , Lily Acquaye , Zoe Phillips Takyi-Appiah and Akosua Apea Osafo – all well-versed in the Capital Markets legal industry. Acquaye’s experience includes some of Ghana’s complex and strategic transactions.

Praxisleiter:

Merene Benyah; Lily Acquaye; Zoe Phillips Takyi-Appiah; Akosua Apea Osafo


Weitere Kernanwälte:

Daniel Martey; Belinda Boahin; Sati Bharwani; Nana Quarm; Venny Quansah; Doreen Nyaaba


Referenzen

‘The practice is well-organised with top professionals who place clients issues or problems on top of their priorities and work consciously and purposefully to provide appropriate solutions. One obtains value for money in engaging JLD & MB for their services. It has professional staff who deliver quality of service and respond to clients requests within a reasonable time.’

‘The firm deploys technology to facilitate the delivery of quality service with speed. It has a billing system which is easy to follow and track.’

‘It has been a great experience engaging JLD & MB to provide legal and secretarial services. ’

Kernmandanten

Zeepay Ghana LTD


Highlight-Mandate


  • Acted as lead counsel to Zeepay Ghana Ltd on a multi-million-dollar investment by Verdant Capital, comprising a $3m preference share subscription and a subsequent debt component.

Koranteng & Koranteng Legal Advisors

At Koranteng & Koranteng Legal AdvisorsAfua Koranteng leads a capital markets team that has advised a number of notable companies on national and international listings.

Praxisleiter:

Afua Koranteng


Weitere Kernanwälte:

Kensah Bernice Ashkar; Ama Obese – Jecty; Jesse Heymann


Referenzen

‘The Koranteng team is knowledgeable, with great availability and wonderful to work with. ’

‘Afua Koranteng stands out for her excellent legal knowledge, strong client relationships and leading her wonderful team.’

Kernmandanten

Ministry of Finance


Ghana Infrastructure Investment Fund


CAA Mining Ltd


Sonsoma Resources Ltd


Highlight-Mandate


  • Acted as local counsel to Ghana’s Ministry of Finance on its $3bn Eurobond Issue (Sovereign Bond Issue) in ongoing 2021 issue.
  • Acted as Legal Transaction Advisor for a listing on the Ghana Stock Exchange and the Toronto Stock Exchange.
  • Advised a UK Firm holding licences in Ghana for its mineral mining subsidiary for its listing on the Alternative Investment Market of the London Stock Exchange.

WTS Nobisfields

With queries from issuers, investors, and financial institutions, WTS Nobisfields has been a considerably active capital markets team. A large number of instructions have surrounded both equity and debt transactions, displaying a deep understanding of market practice, including IPOs, private placements, and bond issues. As leader of the practice area, Theophilus Tawiah has made his presence felt across the firm’s primary mandates.

Praxisleiter:

Theophilus Tawiah


Weitere Kernanwälte:

Rosemary Anakwa Boadu; Claudia Maame Adwoa Quartey


Kernmandanten

Venture Capital Trust Fund


Mirepa Capital SME Fund 1


Wangara Green Venture Capital Company Ltd


ISF Ghana Venture Capital Limited


Synergy Capital Managers


Industrial Support Fund Ghana Ltd


Brenntag Holding BV


Asime Partners (Chale Fund 1)


Injaro Investments, Mauritius


Tizeti Network Ghana Ltd


Ridetech International B.V.


Ammital Trading DMCC


Devcap Investment Partners


Highlight-Mandate


  • Advised ISF Ghana Venture Capital Limited on the investment of GHS 13.8m in investee companies.
  • Advised Mirepa Capital SME Fund 1 (MCSF1) on the investment of $750,000 in an investee company.
  • Advised Ammital Trading DMCC on the securitization of a $127m debt.