Folake Elias-Adebowale

Udo Udoma & Belo-Osagie - Nigeria



+234 1 4622 307-12

Highly regarded

Women Leaders


Bar admissions:




Practice areas:

Project finance
Restructuring and insolvency

Industry sectors:

Oil and gas

Folake co-heads the firm's private equity, corporate and oil and gas teams. She advises private equity houses, consortia of financial investors and conglomerates on diverse transactions and matters across a variety of industries. Folake is co-chair of AVCA’s legal and regulatory committee and represents the firm on EMPEA’s legal and regulatory council, and PEVCA.

  • Advised Daimler AG in connection with its equity investment in Taxify, a ride hailing app with operations in Nigeria 
  • Advised Leapfrog on its acquisition, through ARM Asset Management Holdings Limited, secondary shares in ARM Pension Managers (PFA) Limited.
  • Advised African Capital Alliance fund (“CAPE”) in respect of the sale of its shares in Wakanow to Three R Tourism and Hospitality Holdings Limited.
  • Advised HSBC in connection with a US$50,000,000 (fifty million United States Dollars) loan to Airtel Networks Limited and Bharti Airtel International.

  • M&A
  • Private equity
  • Private equity funds
  • Project development
  • Restructuring and insolvency

  • Consumer goods and services
  • Financial services
  • Food and beverages
  • Industrials 
  • Oil and gas

  • Nigerian Bar Association

  • MA (Jurisprudence), Somerville College, Oxford University (1992);
  • LL.M, University College, London (1993); BL, Nigerian Law School (1996)