MMC Asafo is a full-service commercial law firm established in 1995. The firm has two offices in Nairobi and Mombasa and in 2019 merged with ASAFO & Co, an international firm recently founded.
The firm focuses on banking and finance, capital markets, M&A and project development practices.
Highlights
During the research cycle, a notable deal highlight includes advising the National Oil Corporation of Kenya (“NOC”) in connection with a strategic restructuring with a non – equity investor to invest in the downstream operations of NOC. This transaction reflects the firms successful role in managing state owned interests through balancing aligned public and private interests.
Another notable highlight focuses on the firms project development work such as acting as lead legal advisor to consortium consisting of the UK Foreign, Commonwealth and Development Office (FCDO); and the UK Export Finance (UKEF); with support to the Kenya Railways Corporation (KRC) on the redevelopment of the Nairobi Central Railway Station. This project marks a strategically important development in which the firm continues to play an essential role in bringing to fruition.
Key clients
Absa Bank Kenya, KCB Bank Kenya, Gulf African Bank, The Co – operative Bank of Kenya, Equity Bank (Kenya), Automobile Association of Kenya, Development Bank of Rwanda, Africa Medical Supplier, Taijet Aviation PLC, National Oil Corporation of Kenya, KEDA (Kenya) Ceramics, Automobile Association of Kenya, Taijet Aviation Limited, Kenya Wine Agencies Limited and KWAL SEZ