Welcome to the First Edition of the Meritas Africa Guide to Banking & Finance.
This Guide, produced by the Africa Banking and Finance Group of Meritas, is a culmination of the combined efforts of all current African member law firms of Meritas. The Africa Banking & Finance Group brings together transactional and regulatory finance lawyers from across the continent. Given the international and cross-border nature of finance, this Group provides its members with the opportunity to get to know each other, share news and insights and work easily together. Members of the Finance Group advise on a wide range of issues.
This Guide provides a simple and high-level pathway to the banking and finance legal terrain in Africa. All the chapters deal with uniform issues which makes it easier to navigate the Guide and make comparisons between the different jurisdictions. The information provided includes the transactional and regulatory framework within the several African jurisdictions as well as various issues surrounding Acquisition Finance, Asset Finance, Bank Lending, Fintech, Real Estate Finance, Project Finance and Structured & Leveraged Finance.
With the ushering in of the African Continental Free Trade Area Agreement, we expect this Guide to be a useful tool in navigating the current banking and finance terrain in Africa as the laws progressively move towards harmonization. The member firms will track the developments and update this Guide on a regular basis.
Read the Kenyan Chapter below with contributions from Renice Midar and Joyanne Njau.
The extended guide with insights from 11 jurisdictions is accessible from the Meritas website here.
Disclaimer: This Guide was prepared in November 2022 for informational purposes only. It should not be relied upon as legal advice in dealing with any specific situation. This chapter was republished with permission from the Meritas Africa Banking and Finance