Banking, finance and capital markets in Kenya

Anjarwalla & Khanna

Anjarwalla & Khanna is home to a well-experienced banking and finance team that advises both domestic and international clients on a wide spectrum of matters, including project financing, debt restructuring, capital markets, and insolvencies. Sonal Tejpar spearheads the practice and has extensive expertise advising a range of clients on syndicated and aviation finance. Akash Devani boasts significant experience assisting local and multinational banks with transactions, and Mona Doshi handles matters related to Islamic financing. Another key contact within the team is Shellomith Irungu.

Praxisleiter:

Sonal Tejpar


Weitere Kernanwälte:

Akash Devani; Mona Doshi; Shellomith Irungu; James Njenga Mungai


Referenzen

‘The team is very thorough in legal due diligence, transaction documentation drafting and gives valuable advice to its clients.‘

‘Sonal Tejpar is a very seasoned debt advocate. Gives invaluable advice and has very good people skills which are useful in transaction negotiations. She is an out-of-the-box thinker who is able to piece together different angles in legal documentation.‘

‘The team is very professional in the way they treat customers, communicate and handle matters. The team is also very experienced and knowledgeable about subject matters we had. But most of all, the team went over and beyond in getting us assistance, advice, and connecting us to their networks that would assist us in areas of need.‘

Kernmandanten

Bulkstream


Liquid Telecommunications Kenya


Highlight-Mandate


  • Acting for Bulkstream, a Kenyan company that owns and operates bulk terminals in the port of Mombasa, in connection with a financing and restructuring transaction from a syndicate of creditors.
  • Acting for Liquid Telecommunications Kenya, the Kenya subsidiary of Liquid Telecommunications, a pan-African technology group present in more than 20 countries, in connection with a senior facility agreement.

Bowmans

With a regional footprint across Africa, Bowmans boasts a comprehensive banking and finance offering, allowing it to advise both lenders and borrowers on a wide array of matters. The practice is well-equipped to handle real estate financing, trade finance, asset management, insolvency, and capital markets transactions. Cornelius Kigera leads the team and has expertise in advising clients on corporate finance. Dominic Indokhomi has vast experience supporting local and international clients with securities, debt restructuring, and fintech matters, while Paras Shah specialises in sovereign bonds and syndicated structured finance deals.

Praxisleiter:

Cornelius Kigera


Weitere Kernanwälte:

Dominic Indokhomi; Paras Shah; Cynthia Amutete


Referenzen

‘We are grateful for the outstanding support provided by Bowmans in our banking and finance matters across East Africa. The firm’s regional depth and technical clarity have been instrumental in advancing our investment objectives in both Kenya and Tanzania.‘

‚In Kenya, Dominic Indokhomi has consistently delivered high-calibre advice on the implications of the Business Laws (Amendment) Act, 2024, particularly regarding its impact on foreign lenders. His guidance on regulatory exemptions, transitional risks, and structuring litigants—such as offshore lending and enhanced illegality clauses—has been both timely and commercially sound.‘

‚What sets Bowman’s apart is their ability to combine regulatory precision with strategic foresight, ensuring that legal advice is not only compliant but also aligned with business realities.‘

Kernmandanten

KCB Bank Kenya


Safaricom PLC


KCB Bank Kenya Ltd


MYDAWA Holding Ltd.


Stanbic Bank Kenya Ltd


Mawingu Networks Ltd


SBM Bank (Kenya) Ltd


I&M Bank Ltd


Prime Bank Ltd


NCBA Group PLC


Lendable Asset Management


Nithio FI. BV


European Investment Bank


Nedbank


Greenlight Planet Kenya Ltd


Highlight-Mandate


  • Advised E3 Energy on a financing from KCB Bank Kenya, which was to be utilised for the importation and sale of petroleum and oil products.
  • Advised Safaricom PLC on a syndicated sustainability-linked loan which was arranged by Standard Chartered Bank, Stanbic Bank Kenya Limited, and Absa Bank Kenya PLC.
  • Acting as lead counsel in a matter involving the financing by The Investment Fund for Developing Countries to MYDAWA Holding Ltd. (with operations in Kenya, Uganda and Mauritius), with ION Kenya Ltd and Guardian Health Ltd acting as the guarantors.

Dentons Hamilton Harrison & Mathews

Dentons Hamilton Harrison & Mathews maintains a strong position in the banking and finance market, with extensive expertise in handling both domestic and cross-border transactions. The team advises on the full gamut of issues, including real estate finance, corporate finance, project finance, and capital markets. At the helm of the practice, Richard Omwela has experience in advising on local, multinational, and cross-border banking transactions. Sigee Koech represents both Kenyan and international lenders in secured and unsecured financing transactions, and also acts for borrowers in project financing mandates. Other key members of the team include capital markets specialist Daniel Wanjau Muriu and private equity expert Andrew Mugambi.

Praxisleiter:

Richard Omwela


Weitere Kernanwälte:

Sigee Koech; Daniel Wanjau Muriu; Andrew Mugambi


Referenzen

‚They are brilliant at their work and very supportive, and we appreciate them.’

‘Customer experience is 100%. They put their clients first.‘

‚They are proactive, they communicate, they provide information that is relevant to assist decision-making, they go beyond the call of duty to ensure deadlines are met.‘

Kernmandanten

KCB Bank Kenya Ltd


I & M Bank Ltd


NCBA Bank Kenya PLC


Eastern and Southern African Trade and Development Bank


Platinum Credit Ltd


Premier Credit Ltd


Kaishan Renewable Energy Ltd


Landesbank Baden-Wurttemberg


Coӧperatieve Rabobank U. A


African Oxygen (Pty) Ltd


UBA Bank Kenya Ltd


Highlight-Mandate


  • Acted as counsel for Eastern and Southern African Trade and Development Bank in relation to a KES 175,000,000,000 financing programme involving the securitisation of a portion of the future receipts from the Road Maintenance Levy by the Kenya Roads Board.
  • Acting as counsel for KCB Bank Kenya Limited in relation to facilities it agreed to advance to Amsons Industries (K) Ltd in the sum of KES. 20,053,000,000.
  • Acted for African Oxygen (Pty) Ltd, a member of the Linde Group, a global leader in industrial gases and engineering headquartered in Germany, in connection with a proposed takeover offer in November 2020 by Carbacid Investments Plc and Aksaya Investments LLP to acquire all the ordinary shares of BOC Kenya Plc.

ENSafrica

The active banking and finance practice at ENSafrica is well-equipped to advise both national and international clients on a full range of matters, including asset debenture, project financing, settlement agreements, property financing, asset-backed securities, and capital markets transactions. Praised by clients for leading the team with ‘expertise and efficiency’, Binti Shah is well-versed in a diverse range of matters, including structured finance, infrastructure finance, and aviation finance. Miriam Tatu is a key port of call in matters related to syndicated lending, regulatory compliance, and due diligence. The team was further strengthened with the arrival of Judy Kabugu in July 2025.

Praxisleiter:

Binti Shah


Weitere Kernanwälte:

Miriam Tatu; Judy Kabugu


Referenzen

‘The team is excellent and conducts itself with the utmost professionalism and expertise in all aspects of banking and finance.‘

‚They go the extra mile to help clients such as ourselves with all our professional requirements, and we thoroughly enjoyed working with this team on our projects.’

‘The partner of the team, Binti Shah leads her team with expertise and efficiency, and we thoroughly enjoy working with Binti and her entire team on our projects.‘

Kernmandanten

Development Bank of Southern Africa Ltd


International Finance Corporation


The Africa Go Green Fund managed by Cygnum Capital


Société de Promotion et de Participation pour la Coopération Economique


Roam Electric Ltd


Rubis Energy Kenya PLC


Eni Kenya BV


Agventure Ltd


Highlight-Mandate


  • Advising IFC on the secured financing of the development of 1940 affordable housing units.
  • Advising Development Bank of Southern Africa Ltd on the secured facilities to finance development costs to increase capacity of Sosian at their 35 MW geothermal power station at Menengai.
  • Advising International Finance Corporation on a loan facility to the Co-operative Bank of Kenya.

DLA Piper Africa, Kenya (IKM Advocates)

DLA Piper Africa, Kenya (IKM Advocates) is well-equipped to advise debtors, lenders, government entities, and investors on a wide range of matters, including securities, corporate lending, structured finance, and syndicated loans. The department is led by Anne Kinyanjui, who has a wealth of experience assisting clients with loan financing transactions and syndicated financing transactions. Kamami Christine Michira is well-versed in debt and equity capital markets, as well as trade finance, while Norah Mutuku has expertise in finances related to the real estate sector. Esabel Gicheru is another key contact within the team.

Praxisleiter:

Anne Kinyanjui


Weitere Kernanwälte:

Kamami Christine Michira; Norah Mutuku; Esabel Gicheru


Referenzen

‘I think the strength of the team lies in their reliability and hard work.‘

‚They have provided excellent service for all transactions that we have undertaken together.’

‘Anne Kinyanjui is a stellar resource who has a strong commercial sense and clearly takes accountability and responsibility herself that the right service is delivered.‘

Kernmandanten

Trans-Century PLC (Kenya)


Eternum Ltd, trading as Solaris Offgrid (United Kingdom)


Access Bank PLC (Nigeria) and Access Bank (Kenya) PLC


Eastern and Southern African Trade and Development Bank trading as Trade and Development Bank


United States International Development Finance Corporation


Stanbic Bank Kenya Ltd


EDFI Management Company


Adolf H. Lundin Charitable Foundation


Alterfin C.V


Warbler Labs Inc.


Satrix Managers (RF) Proprietary Ltd


Malawi Agricultural and Industrial Investment Corporation


Mirova Gigaton Fund


Highlight-Mandate


  • Advised the Satrix Managers (RF) Proprietary Ltd on its dual listing of the Satrix MSCI World Equity Feeder Exchange Traded Fund on the Nairobi Securities Exchange.
  • Acted for KCB Bank Kenya Ltd in relation to the credit facility from Société de Promotion et de Participation pour la Coopération Economique.
  • Advising DFC on financing to Acorn Holdings Ltd for the expansion of their purpose-built student accommodation program.

Cliffe Dekker Hofmeyr incorporating Kieti Law LLP

The team at Cliffe Dekker Hofmeyr incorporating Kieti Law LLP showcases a strong track record in banking and finance, and it is highly capable of handling a range of matters in the healthcare, insurance, financial services, and energy sectors. Sammy Ndolo steers the practice and has a strong focus on restructurings, acquisition financing, and capital markets transactions. Stella Situma advises on the structuring of financing transactions, while Martha Mbugua has expertise in structuring venture capital. Brian Muchiri is another notable member of the team.

Praxisleiter:

Sammy Ndolo


Weitere Kernanwälte:

Brian Muchiri; Stella Situma; Martha Mbugua


Referenzen

‘The team is experienced, they have leverage on cross-border transactions.‘

‚They have solid drafting prowess and apt follow-through of the transactions.’

‘Sammy Ndolo is attentive, humble, and a good listener. He is well-versed in his field and leads the team in an exemplary manner.‘

Kernmandanten

BasiGo


ESG First Fund Holding I


Kuramo Capital Management


Absa Bank


Kudura Power East Africa


Stichting Clean Energy and Energy Inclusion for Africa


Spark+Africa Fund SCSP, Blue Orchard Credit & Nithio FI


International Finance Corporation


Cassa depositi e prestiti


Altech Group


Energise Africa


Highlight-Mandate


  • Advising International Finance Corporation and Cassa depositi e prestiti on the lender side of a USD210m loan to an oil super major.
  • Advising Absa Bank and IFC on their USD120m revolving facility to Volcafe.
  • Advising Kudura, as borrower, and CEI Africa, as lender, on a proposed €1.15m loan facility financing.

Kaplan & Stratton Advocates

The banking and finance team at Kaplan & Stratton Advocates is highly capable of handling a range of matters, including local and international bank syndications. Commended by clients for her ‘sharp legal expertise’, Ruth Kirunga leads the practice with vast experience in aviation and project financing. Sam Wainaina remains a first port of call for infrastructure and construction-related financing, and Eva Biegon, who was promoted to partner in January 2025, has a particular focus on debt finance, securitisation, and trade finance.

Praxisleiter:

Ruth Kirunga


Weitere Kernanwälte:

Sam Wainaina; Eva Biegon


Referenzen

‘I had the pleasure of working with Ruth Kirunga and her team and found them to combine deep technical expertise with exceptional responsiveness.‘

‚They are highly skilled at navigating complex transactions, anticipating risks, and providing clear, practical advice that clients can rely on.‘

‚Deals progress efficiently. Their responsiveness set them apart from many other firms, making them a trusted partner for clients who value both precision and speed.’

Kernmandanten

The Standard Bank of South Africa Ltd


United States International Development Finance Corporation


Citibank N.A., London Branch


Ford Foundation


A&O Shearman UK


JPMorgan Chase Bank, N.A


Stanbic Bank Kenya


African Export-Import Bank


Nordic Aviation Capital A/S


Export Import Bank of China


Agence Française de Développement


FMO


Nedbank Ltd


DEG


European Investment Bank


Belgian Investment Company for Developing Countries NV/SA – BIO


Highlight-Mandate


  • Assisting a client with the preparation and negotiation of Kenyan law documents, including the discharge of the 2020 securities, the variation of 2022 securities and the preparation of additional security documents and coordinating and attending to the perfection of the restructured security package and other finance documents.
  • Advised The Standard Bank of South Africa Ltd on a portfolio refinancing facility for Crossboundary Energy Kenya Ltd from the Standard Bank of South Africa Ltd, aimed at boosting CBE’s renewables portfolio across Africa valued at USD350m
  • Acted as Kenyan legal counsel to the MTC Trust & Corporate Services Ltd in the facility to fund the purchase of receivables from a government entity which collects the road maintenance levy, a statutory levy in Kenya.

KO Associates

The banking and finance practice at KO Associates services clients across various industries and advises on a wide array of matters, such as sustainability-linked financing, project finance, syndicated lending, and debt capital markets. The practice is led by a highly capable trio: Crispine Odhiambo, who has extensive experience in climate financing, Mohamed Maulid, who has a particular focus on project and Islamic finance, and Ken Rutere, who specialises in structured financing and securitisation. Victor Kyama is another key member of the team.

Praxisleiter:

Crispine Odhiambo; Mohamed Maulid; Ken Rutere


Weitere Kernanwälte:

Victor Kyama


Referenzen

‘The KO Associates team is well organised and proactive in their work.‘

‚Chrispine Odhiambo stands out with a firm hand and lots of practical guidance. He is an amazing mentor to younger advocates.‘

‚They regularly provide industry updates and provide regular advice on what the changes and updates in the sector mean.‘

Kernmandanten

National Bank of Kenya Ltd


Equity Bank of Kenya


Kentegra Biotechnology Ltd


National Health Insurance Fund


Insurance Regulatory Authority


Jubilee Insurance Ltd


ATC Kenya


Kenya Climate Ventures Ltd


Consolidated Bank of Kenya Ltd


Lordship Africa


Highlight-Mandate


  • Advising on the financing of the Lordship Africa 88 Nairobi Condominium Tower Project, a landmark development set to be the tallest residential building in Africa.
  • Advised Kenya Climate Ventures Ltd on the legal establishment of a USD25m Climate Impact Investment Fund.
  • Representing the National Social Security Fund in the court-supervised insolvency administration of Multiple Hauliers (EA) Ltd.

MMAN Advocates

The banking practice at MMAN Advocates is well-equipped to advise a range of clients who are active in the aviation, energy, real estate, TMT, and banking sectors on a wide array of matters. The team is spearheaded by Christopher Kiragu, who has longstanding experience in aircraft finance, capital markets transactions, and corporate insolvency. Other key contacts within the team include Suzanne Mathura, who heads the corporate practice group and specialises in asset finance, and Waringa Njonjo, who advises lenders on local and cross-border finances, as well as syndications.

Praxisleiter:

Christopher Kiragu


Weitere Kernanwälte:

Suzanne Muthaura; Waringa Njonjo


Referenzen

‘MMAN Advocates’ Banking, Finance and Capital Markets Team has consistently demonstrated deep technical expertise combined with a practical, commercial approach.‘

‚In our experience, the Team has been instrumental in supporting complex aircraft lease transactions and ancillary financing matters, often under time-sensitive and high-stakes circumstances. What sets them apart is their ability to balance rigorous legal analysis with clear, solutions-oriented advice that takes into account the realities of our industry.‘

‚Compared to other firms, MMAN offers a uniquely collaborative style. We have appreciated their responsiveness and ability to anticipate challenges before they arise. The practice is also notable for its ability to leverage strong international connections and its familiarity with cross-border financing structures, which adds significant value to clients in the aviation and logistics sector.’

Kernmandanten

Textron Financial Corporation


Abelo Capital Aviation Management Ltd


African Development Bank


Dhamana Guarantee Company Ltd


Eastern and Southern African Trade and Development Bank


Highlight-Mandate


  • Acting for Elix Assets 7 Ltd in the leasing of an ATR 72-500 freighter to Renegade Air Ltd, including reviewing conditions precedent documents and facilitating the registration of the client’s interest with the Kenya Civil Aviation Authority and the International Registry of Mobile Aircraft Assets.
  • Acting for Textron Financial Corporation in the financing of a Textron Aviation Inc. 208B aircraft to a Kenyan operator.

CMS Daly Inamdar Advocates

CMS Daly Inamdar Advocates houses an experienced banking and finance team that routinely advises clients on renewable energy financing, digital lending, private equity, and structured financing. The group is led by Julius Wako, who specialises in corporate finance, project finance, and syndicated lending. Nishit Maru has expertise in corporate restructuring and real estate transactions, and Lillian Lofty advises clients on the sale and purchase of financial assets, as well as regulatory compliance.

Praxisleiter:

Julius Wako


Weitere Kernanwälte:

Nishit Maru; Lillian Lofty


Kernmandanten

Stanbic Bank Kenya


Absa Bank Kenya PLC


Safaricom PLC


Britam Holdings PLC


WPP Scangroup PLC


Diamond Trust Bank Kenya


Modular Real Estate EPZ


Highlight-Mandate


  • Advised Stanbic Bank Kenya on securing banking facilities for Combrok Ltd by facilitating the registration of a Discharge of Charge from NCBA Bank and a Fresh Charge over a property owned by the Borrower.
  • Advised a lender on the preparation and perfection of security documentation to secure banking facilities for Power Parts Kenya, a leading global supplier of equipment and services for cargo handling.
  • Acting as the Trustee and legal adviser to Safaricom, a company listed on the Nairobi Securities Exchange, in connection with its Employment Share Award Scheme, the largest of its kind in Kenya.

Mboya Wangong'u & Waiyaki Advocates

Praised by its clients for being ‘extremely competent, experienced and efficient’, the banking team at Mboya Wangong'u & Waiyaki Advocates is led by seasoned professionals Gladys Mboya and Godwin Wangong’u, and other key members of the team include Peter Waiyaki and CG Mbugua, who have extensive experience in capital markets transactions. June Njoroge-Ngwele is another key contact within the department who focuses her practice on secured lending, as well as real estate transactions.

Praxisleiter:

Gladys Mboya; Godwin Wangong’u


Weitere Kernanwälte:

Peter Waiyaki; CG Mbugua; June Njoroge-Ngwele


Referenzen

‘Very professional. Exceptional in commercial banking, corporate law, conveyancing, capital markets, corporate finance law, and Islamic finance.‘

‘They are very responsive individuals, accessible and deadline-oriented. They are very knowledgeable, professional, solution-oriented, problem solvers and always willing to explore a wide range of approaches and alternatives. This applies to all their partners and associates, and senior partner, Godwin Wangong’u, is particularly exceptional.’

‘The team at Mboya Wangong’u & Waiyaki Advocates is quite experienced and possesses an excellent grasp of the law on several aspects. The team is ready to listen and perfectly guide factually on any matter. I admire the professionalism and respect that I see as we engage with the team.’

Kernmandanten

Family Bank Ltd


CPF Capital & Advisory Ltd


Kenya Mortgage Refinance Company PLC


Yeshara Tokens Ltd


MFS Technologies Ltd


Rasin Capital


Highlight-Mandate


  • Advised Family Bank on capital raising through a placement of shares as a tier II bank in Kenya.
  • Advised CPF Capital & Advisory on capital raising for the development of the Nairobi-Mombasa Expressway.
  • Advised Kenya Mortgage Refinance Company on the operationalisation of a risk-sharing facility established as a partial credit guarantee through a special-purpose vehicle.

MMC ASAFO

The banking and finance practice at MMC ASAFO boasts experience in handling a range of matters, such as debt restructuring, syndicated facilities, and regulatory matters. Isaiah Mungai Kamau leads the practice and has significant expertise in complex financial transactions, corporate finance, and regulatory compliance. Judy Guandaru is a notable member of the team and has advised clients on security perfection processes and project finance.

Praxisleiter:

Isaiah Mungai Kamau


Weitere Kernanwälte:

Judy Guandaru


Kernmandanten

Absa Bank Kenya Plc


Nokcb Bank Kenya Ltd


Gulf African Bank Ltd


The Co-operative Bank Of Kenya Ltd


Equity Bank (Kenya) Ltd


Highlight-Mandate


TripleOKlaw Advocates

The banking practice at TripleOKlaw Advocates is jointly led by capital markets expert Brian Muindi and securitisation specialist Renice Midar. Stephen Mallowah has extensive experience in bond issuances and regulatory compliance, while Jinaro Kibet focuses on debt and equity-related matters, as well as structured finance. Tom Onyango is also a key contact within the team.

Praxisleiter:

Brian Muindi; Renice Midar


Weitere Kernanwälte:

Stephen Mallowah; Tom Onyango; Jinaro Kibet


Referenzen

‘The firm is reputable in Kenya as it has participated in some of the most recent and notable transactions in Kenya. The firm has senior partners that are well experienced in commercial law.‘

‚Their deep expertise in law offered invaluable assistance in the execution of our transaction.’

‘Stephen Mallowah has deep expertise in commercial law and State Law. Solid lawyer to have as part of the transaction team.‘

Kernmandanten

KCB Bank Kenya Ltd


SBM Bank Kenya Ltd


Absa Bank Kenya PLC


Cooperative Bank Ltd


Prime Bank Ltd


Equity Bank Ltd


Soluti East Africa Financing Ltd


NCBA Group


Acorn Holdings Ltd


National Bank of Kenya


ICEA LION Asset Management


Acorn Holdings Ltd


CIC Group PLC


Highlight-Mandate


  • Advised KCB Bank Kenya Ltd on a USD23.5m banking facility to a borrower, involving complex security structuring and early redemption of the borrower’s green bond listed on the London Stock Exchange.
  • Advised ICEA Lion Asset Management on the delisting of its ILAM Fahari I-REIT, East Africa’s first Real Estate Investment Trust, from the Main Investment Market Segment to the Unquoted Securities Platform of the Nairobi Securities Exchange.
  • Advised NCBA Plc in its capacity as a proposed Securitization Trustee on the proposed listing of an Infrastructure Asset-Backed Security on the Nairobi Securities Exchange by Linzi Finco 003 Trust, a subsidiary special purpose vehicle of Liaison Group.