Kenya

Highlights 

Dentons Hamilton Harrison & Matthews acted as lead counsel for Eastern and Southern African Trade and Development Bank (TDB) in relation to a KES 175,000,000,000 financing programme involving the securitisation of a portion of the future receipts from the Road Maintenance Levy by the Kenya Roads Board. The team, led by managing partner Sigee Koech, advised TDB on the setting up of a special purpose vehicle, conducting legal due diligence to ensure compliance with Kenyan law, and preparing and reviewing key documentation. While the transaction closed in February 2025, the team is now advising the client on the second phase of the transaction, which involves the establishment and issuance of a not programme in both the Kenyan and international markets.  

The firm also acted for the acquirer in relation to the acquisition of the remaining 65% shareholding in AIG Kenya Insurance Company Limited. The team, led by partners Andrew Mugambi and Peter Okaalet Jr, conducted the legal due diligence, drafted and negotiated key documents including the share purchase agreement, and advised on the regulatory and other third-party approvals necessary for the transaction. The transaction closed in July 2024.  

Key Clients  

KCB Bank Kenya Limited ; I & M Bank Limited ; NCBA Bank Kenya PLC; Eastern and Southern African Trade and Development Bank ; Platinum Credit Limited; African Oxygen (Pyt) Limited; China Road and Bridge Corporation; Kenya Defence Forces; Westlands Heights Limited/Harley’s Limited; CFAO Motors Kenya; The Monarch Insurance Company Limited 

Testimonials 2024-2025 

“We appreciated the firm’s responsiveness and professionalism. They own the process.” (Banking & Finance) 

“Efficiency, availability and quality of advice.” (M&A) 

“The expertise and service level is exceptional. They properly understand the needs, advise very well and keep to timelines.” (Project Finance) 

“Andrew Mugambi is very well versed and knowledgeable.” (Project Finance) 

“Andrew Mugambi is expectational in his work and style of working.” (Project Finance) 

“Lavinia Anampio is very interactive and goes beyond call of duty.” (Banking & Finance) 

“Sigee Koech is a great leader and ensures her team is on top of things. She is very responsive too.” (Banking & Finance)