1. Siginon Group Limited
(A shareholder of Mahathi Infra Limited, a company incorporated in Uganda) in the issuance of a debenture securing a sum of USD 100 million (KES 13.5 billion) to Mahathi Infra Limited.
2. A consortium of lenders
(Including Cooperative Bank of Kenya, one of the country’s largest lenders), in connection with the restructuring of a debt owed by an insolvent manufacturing company, Kaluworks Limited. The debt amounted to USD 93.3 million (KES 12.6 billion). The work involved the structuring of a comprehensive turnaround strategy resulting in one of the few success stories of companies in Kenya that have come out of administration through a viable workaround.
3. Acorn Holdings Limited (Acorn)
(A leading real estate developer and the largest institutional investor in rental housing in East Africa) in the establishment of the region’s first USD 52 million (KES 6.53 billion) Income Real Estate Investment Trust(
4. Acorn Holdings Limited (Acorn)
In the establishment of the world’s first USD 52 million (KES 6.53 billion) Development Real Estate Investment Trust fund.
5. The largest aviation cargo management company in Kenya with operations in Tanzania and Uganda
On a USD 40 million (KES 5.4 billion) cross-border acquisition by NAS, a subsidiary of Kuwait-based logistics giant Agility.
6. Acorn Investment Management Limited (AIML)
On the development of Vuka, a revolutionary retail investment platform. Vuka is a retail investment product that allows qualified retail investors to invest in Acorn’s Student Accommodation Income Real Estate Investment REIT (ASA I-REIT) valued at USD 29.9 million (KES 4.04 billion).
7. A consortium of leading Kenyan general insurance companies
In structuring a USD 29.63 billion (KES 4 billion) syndicated co-insurance and facultative reinsurance scheme.
8. ICEA LION Asset Management
In a pioneering venture within the realm of Real Estate Investment Trusts (REITs) and a transaction value of USD 28 million (KES 3.8 billion) involving a complex and strategic restructuring of their ILAM FAHARI I-REIT.
9. Leapfrog Investments Healthcare Opportunities Holdings
(A leading global impact investment group) in the sale of nearly 30% of its stake valued at USD 20 million (KES 2.5 billion) in Goodlife Pharmacies East Africa’s leading healthcare and retail pharmacy chain. The stake was sold to Eurapharma (CFAO Healthcare), the healthcare division of the CFAO Group and a foremost wholesale distributor of quality pharmaceuticals in Africa, where it owns and operates subsidiaries in 23 countries.
10. Goodlife Pharmacies
(A leader in the African pharmaceutical market), on a cross-border USD 12 million (KES 1.62 billion) mezzanine debt investment by Proparco, (a French development finance institution).
11. Acorn Holdings Limited (Acorn)
In relation to a purchase of land and its subsequent development valued at USD 11.9 million (KES 1.6 billion). This transaction involved negotiating and drafting a Joint Venture Agreement (JVA) between Acorn, the landowners, and contributors as well as a Mezzanine Loan Agreement for the initial purchase of the land.
12. Acorn Holdings Limited (Acorn)
In a first-of-its-kind project in the real estate sector. The volume of capital injected into the project towards the large-scale acquisition of town land valued at USD 10.5 million (KES 1.45 billion) was subject to complex statutory and regulatory regimes.
13. Acorn Holdings Limited (Acorn)
In
14. Koa Save Africa
(A digital incentive fintech startup in the asset management sector admitted into the Capital Markets Authority Regulatory Sandbox) on its restructuring.
15. Century Microfinance Bank Limited
On a complex cross-border transaction involving the acquisition of a majority stake in the bank by an app-based financial services provider undertaking consumer lending.