Capital Markets and Financial Regulatory

• Advised British International Investment on its KES 8 billion sale of its shareholding in I&M Group Plc, and compliance with local capital markets regulations, being only the second transaction executed on the new block trade board on the Nairobi Securities Exchange.
• Advising various Tier 1 and Tier 2 Kenyan banks on the implementation of the DhowCSD platform by the Central Bank of Kenya and its implications on collateralisation of treasuries.
• Advising various global and local banks on the legality and enforceability of contracts entered into with Kenyan counterparts under the GMRA and ISDA standard agreements.
• Part of the cross-border legal team acting for Allianz S.E. in its proposed joint venture with Sanlam Limited to create Africa’s largest insurance conglomerate, with a focus on insurance and capital markets regulatory elements.
• Providing regulatory risk assessment and mitigation to a Kenyan listed company with respect to compliance with Kenyan capital markets law in respect of a regulatory investigation.
• Acting for CVC Global Partners with respect to their acquisition of the Kenyan tea assets of Unilever International Holdings B.V., which includes compliance with local capital markets law.
• Acting for Allianz Insurance Company of Kenya Limited in its transfer and amalgamation of business with Jubilee Health Insurance Limited and Jubilee Allianz General Insurance (K) Limited.

Competition

• Defending various steel manufacturers in cartel investigations by the Competition Authority of Kenya (CAK).
• Representing a leading transportation solutions platform with respect to the Online Food and Groceries Delivery Platform Market Inquiry.
• Advising various airlines, both Kenyan and international, in obtaining competition regulatory approval in Kenya and COMESA in respect of their proposed airline alliances.
• Advising various entities with respect to the Animal Feeds Market Inquiry by the CAK.
• Advising a leading bread manufacturer and a maize miller in successfully responding to investigations by the Competition Authority of Kenya regarding product packaging and compliance with applicable consumer protection standards.
• Advising a leading global oil and logistics conglomerate in the establishment of a joint venture in Kenya and the arising competition regulation concerns.
• Advising a global internet services company on arising competition regulation concerns in Kenya with respect to the construction and operationalisation of a subsea internet cable.
• *Experience gained prior to joining Bowmans
• Advising a development finance institution and an East African power generator on the structuring of the first issuance of asset-backed securities in Kenya worth over USD 600 million based on receivables from the latter’s hydroelectric and geothermal energy plants.
• Serving as project manager for the transaction lead and advising the Kenya Airports Authority on competition and ICT concerns arising from the first-ever proposed airport concession in Kenya. The project was being implemented as a privately initiated investment proposal – PIIP (a form of PPP under the Public Private Partnerships Act 2013)
• Advising a telecommunications operator regarding various competition-related measures arising from regulatory investigations into the telecommunications sector by the Communications Authority of Kenya.
• Advising a Kenyan FMCG company on successfully initiating and prosecuting a restrictive trade practice claim against a competitor.
• Advising a leading cement manufacturer on the sale and lease of certain assets valued at KES 90 million to a strategic investor and engagement with the Competition Authority of Kenya.
• Advising a leading entertainment services provider on its listing on the Nairobi Securities Exchange and regulatory compliance prior to listing.
• Advised the ICT Authority on the drafting of legal agreements for its commercialisation of the largest fibre-optic cable network in Kenya, the National Optical Fibre Infrastructure (NOFBI) network.
• Leading the drafting of the Street Vendors (Protection of Livelihood) Bill, 2019 for consideration before the Kenyan Senate. The Bill seeks to provide a national framework for the recognition, licensing and regulation of street vendors and other itinerant traders.