Department profile
Anjarwalla & Khanna

Banking & Finance

Global Guide 2026 : Kenya

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Anjarwalla & Khanna

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About

Provided by Anjarwalla & Khanna

ALN Kenya | Anjarwalla & Khanna (A&K) has an established banking, finance, restructuring and insolvency practice, with a dedicated team of highly regarded lawyers equipped with in-depth local knowledge and global experience, which allows us to advise sophisticated clients in an increasingly fluid financial environment. 

We are particularly experienced in advising clients in connection with syndicated loans (including LMA documentation), aviation finance, Islamic finance, project finance, structuring advice in complex security transactions, debt restructuring and insolvency related issues. We have specialist knowledge in a variety of sectors, including energy, infrastructure, financial services, real estate, construction and telecommunications. 

Our team has represented financial institutions both domestic and foreign on some of the largest and most sophisticated banking and financing transactions in the region. A&K sits on the panel of twenty-five banks in Kenya and also represents foreign lenders such as RMB and Rabobank, and DFI’s such as DEG, IFC, DFC and Proparco. The team also works closely with A&K Tanzania, A&K’s affiliate firm in Tanzania on financial transactions in the region to provide an integrated solution to our banking and finance industry clients. 

As pioneers in our market, we regularly keep our clients informed on the latest developments in the banking, finance and insolvency sectors through publications and legal seminars.

Clients (27)

  • DEG and Proparco
  • International Finance Corporation
  • Diamond Trust Bank Kenya
  • J.P Morgan Chase N.A
  • Aerocentury Corporation
  • I&M Bank
  • KCB Bank
  • Standard Bank of South Africa
  • Barclays Bank
  • Commercial Bank of Africa
  • Government of Kenya
  • Africa Agriculture and Trade Investment Fund
  • FirstRand Bank
  • M-Kopa Solar
  • Swissport Kenya
  • First Community Bank
  • responsAbility Investments
  • Citibank N.A.
  • United States International Development Finance Corporation
  • Bank of Africa Kenya
  • Facility for Energy Inclusion Off-Grid Energy Access Fund
  • Colchis Capital
  • Equity Bank
  • Stanbic Bank Kenya
  • Standard Chartered Bank (Dubai)
  • Standard Chartered Bank Kenya
  • Avanti Communication Group

Industries (16)

  • Aviation
  • Agriculture
  • Consumer Products
  • Financial Insitutions
  • Government and Public Sector
  • Health and Pharmaceuticals
  • Hospitality
  • Infrastucture
  • Logistics and Transportation
  • Manufacturing and Industrial
  • Mining and Mineral
  • Oil and Gas
  • Power
  • Private Equity
  • Real Estate
  • Technology, Media and Telecommunications

Chambers Review

Provided by Chambers

Banking & Finance - Kenya

Band 1

What the Team is Known For

Anjarwalla & Khanna is renowned for its distinguished banking group and stellar reputation for corporate finance and project financing. The firm is highly adept in the handling of sophisticated lending mandates, notably coordinating with other Africa Legal Network member law firms on multi-jurisdictional matters. Frequently sought out for its expertise in all aspects of debt and equity finance, the team is consulted by a range of leading financial institutions and commercial banks, as well as borrowers. Additionally, its lawyers are instructed by public bodies for their counsel concerning financial instruments. The department has also demonstrated proficiency in syndicated loans and Islamic financing, as well as significant restructurings.

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Work Highlights

Provided by Chambers

  • Anjarwalla & Khanna acted for IFC on its provision of a USD65 million loan and the associated guarantee agreement with Airtel Networks Kenya.

Strengths

Provided by Chambers

  • Anjarwalla & Khanna demonstrates a strong level of technical competence and an ability to draw upon expertise from various different African countries, thus providing a one-stop shop for clients.

    Banking & Finance respondentGlobal

  • Their turnaround time is excellent. They are very commercial in their advice and speedy in concluding transactions.

    Banking & Finance respondentGlobal

  • Their work product is excellent and their bench strength is commendable. The key partners are well-respected practitioners in the legal field.

    Banking & Finance respondentGlobal

  • The team is able to cut through the noise and deliver on what is required. They have extensive experience and a good grasp of how to make things work.

    Banking & Finance respondentGlobal

Notable Practitioners

Provided by Chambers

  • Sonal Tejpar
    Sonal Tejpar

    Sonal Tejpar

    Sonal Tejpar is an acknowledged luminary in Kenya, with her highly prized skills sought out by a range of domestic and international clients, including major retail and commercial banks, DFIs and investment funds. She has standout experience advising on Tanzania-related mandates. Tejpar is also recognised for her expert handling of restructuring and insolvency matters.

    • She is very experienced, amiable and easy to deal with. She is very level-headed and skilled; you can tell you're dealing with someone who has been doing this for a long time.

      Banking & Finance respondentGlobal

    • Sonal is an industry leader.

      Banking & Finance respondentGlobal

    • Sonal is very strong technically, knowledgeable and gives very good advice. She has good people skills and thinks outside the box, which is helpful when during negotiations.

      Banking & Finance respondentGlobal

    • She thinks well on her feet and is a solutions-oriented lawyer. She is a great sounding board and gives advice that will move transactions forward.

      Banking & Finance respondentGlobal
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  • Akash Devani
    Akash Devani

    Akash Devani

    Akash Devani is an experienced banking lawyer with notable expertise in syndicated lending and project finance. Based in Mombasa, he has a particularly strong following of lender-side clients, including both domestic and multinational banks.

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  • Shellomith Irungu
    Shellomith Irungu

    Shellomith Irungu

    Shellomith Irungu regularly assists with financing matters, acting for both lenders and borrowers in the Kenyan market. Her client list is made up of local and regional banks and DFIs, as well as investment firms and corporates.

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  • James Njenga Mungai
    James Njenga Mungai

    James Njenga Mungai

    James Njenga Mungai is a rising star in the Kenyan banking and finance arena. He has gained extensive experience assisting clients with a variety of high-value financing transactions, as well as restructuring proceedings.

    • James is one of the smartest lawyers in the banking and finance space. He takes the time to understand your business and tailors solutions based on that.

      Banking & Finance respondentGlobal
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Ranked Individuals at Anjarwalla & Khanna (5)

Kenya

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