Dentons EALC East African Law Chambers

Highlights  

Dentons EALC advised CRDB Bank PLC on its groundbreaking Samia Infrastructure Bond, part of a USD 300 million multi-medium-term notes programme. The team, led by Stella Ndikimi, provided legal counsel for all aspects of the bond issuance and ensured compliance with regulatory requirements, including conducting legal due diligence, preparing transaction documents, and issuing legal opinions and transaction advice from a local law perspective. The transaction closed in December 2024.  

The firm is also providing legal due diligence and transactional advisory services for IFC on a proposed investment in BOA Bank Tanzania. This includes advising on local Tanzanian law and regulatory issues, reviewing and providing comments on the English law governed Loan Agreement, providing local law assistance for the signing of finance documents and disbursements, collecting and reviewing local law conditions precedent, and issuing local law enforceability and capacity legal opinions. The transaction was completed in September 2024 and was led by Stella Ndikimi.  

Key Clients  

Vodacom Tanzania Limited; CRDB Bank Plc; UBS Switzerland AG; East African Crude Oil Pipeline (EACOP) Limited; IFC; Landesbank Baden-Württemberg; G4S Secure Solutions (T) Limited; OS Trading & Investments Pte. Ltd; FMO; ZOLA Electric  

Testimonials 2024/2025  

“The firm is communicative, timely, and professional.” (Financial Restructuring) 

“We appreciate their commitment and customer support.” (Financial Services Regulatory) 

“They are professional, responsive, and fairly priced. They understand our business well and as such the quality of the work is good and serves us.” (M&A) 

“Denton has ability to issue clear, well structured legal opinions which decision makers can rely on.” (Project Development) 

“They have vast knowledge of East African Legal framework ensuring the advice is locally grounded and internationally aligned.” (Project Development) 

“Their application of the law to business enables them to provide sound and practical legal advice.” (Restructuring) 

“They are very responsive.” (Restructuring) 

“Caroline Mageni handles most of the day to day and ad hoc requests we send to Dentons. She is responsive, clear with her communication, delivers results well and has good knowledge of the law.” (M&A) 

“Having worked with Caroline Mageni for a long time, she has understood our business well.” (M&A) 

“Emma Kimaro is professional, creative, and responsive.” (Financial Restructuring) 

“Juvenalis Ngowi is very responsive.” (Restructuring) 

“We appreciate Stella Ndikimi’s commitment on delivery.” (Financial Services Regulatory) 

“Stella Ndikimi is responsive, good at her job and knows the Tanzanian jurisdiction well.” (M&A) 

“Thomas Sipemba understands very well the legal framework of the mining sector both Tanzania and globally leading him to issue sound legal opinion which Clients can rely on.” (Project Development)