IFLR1000 Reviews

Financial and corporate

Established in 1933, Clyde & Co is the Tanzanian presence of the international law firm of the same name. The firm has over 2,500 legal professionals operating from over 50 offices and associated offices across six continents. The firm in Tanzania is led by managing partner Peter Kasanda and is based in Dar es Salaam where the firm has five partners and a total of 13 lawyers.

 

Focusses / specialisms

The firm has a strong practice in both financial and corporate and project development achieving top tier status for Tanzania in both these areas.

 

Key clients

The firm’s key clients include African Legal Support Facility, Federal Government of Somalia, Gladiator Resources and Premier Solar Group.

 

Research period review: 33rd edition (2023/2024)

Over the research period, the firm was active in financial and corporate as well as project development.

The financial and corporate team advised several acquirers, sellers, investors and lenders on acquisitions, financings and investments for clients in the mining, manufacturing and financial services sectors among others.

The firm’s project work consisted of working on projects for clients in the energy and manufacturing sectors among others.

 

Deal highlights: 33rd edition (2023/2024)

Serengeti Breweries TZS 70 billion debt financing

 

Client feedback: 33rd edition (2023/2024)

Banking and finance

“They are responsive, commercially astute and alive to issues.”

“They are responsive, reliable and knowledgeable of the local market. Easy to communicate with and had a very good understanding of the assignment.”

 

Project development

“They have a global network of clients which we would never have access to.”

“The services provided by Clyde & Co brought a very high added value to our project, making them compliant with local regulations, and at the same time more attractive for partners, lenders and investors.”

“Well informed, up to date with recent developments and professional.”

 

Restructuring

“Their work was detailed, commercial and impressive. They have bench strength, in that their partners are strong, but they are well supported by competent senior associates.”

 

Tenda Msinjili

“Knowledgeable with good client management.”

“Tenda is a very knowledgeable attorney who knows her field very well. She provides practical and hands-on advice and has a good understanding of the client's needs.”

 

Peter Kasanda

“Very good problem-solving and coming up with innovative solutions.”

“He is orally articulate, has good written communication skills, and also is a good listener.”

“Peter is incredibly well networked and has developed an extremely strong reputation for providing commercially sound advice in Tanzania, and the region more broadly. He understands the law and he understands the way in which it is implemented – and in Tanzania there can be a gulf between the two.”

“Peter is the managing partner of the firm. He is a leading project finance expert in the region. His reputation is impressive, his client management is very strong and he leads a strong and growing team of lawyers.”