Kampala Associated Advocates

We have a vibrant Commercial Transactions and Corporate Advisory team providing full service advisory services to local and multinational corporations and financial institutions operating in Uganda. Our team has advised numerous clients, both local and international, such as Stanbic Bank Uganda, Standard Chartered Bank, Uganda National Airlines Company Limited, the East African Crude Oil Pipeline (EACOP), Rubis Energy Uganda Limited, Danway Electrical, Maxol Uganda Limited among others, in matters pertaining to transactional and general legal services at different stages of their business operations.

The team has amassed an impressive wealth of experience in mergers and acquisitions. It has been at the forefront of big ticket mergers and acquisition across a wide spectrum of sectors including representing one of the largest East African downstream oil companies in the acquisition of the assets of an oil service company in East Africa.

Trailblazers: Our team has advised on first of a kind matters including one of the first foreign syndicated lending arrangements where the borrower had to undergo a legal due diligence and Diversity, Equity and Inclusion assessment before the US$80 million lending could proceed. We are advising on the first ever green hydrogen-based fertiliser project in the country valued at US$400 million. We are also providing legal advisory services on the acquisition of over fifteen petrol service stations by a multinational entity.

Sector strengths: The team has advised on numerous asset and share purchases within the telecommunications and banking sectors (For example, we advised Rowad Capital Commercial Broker LLC on the US $225 million purchase of shares in the Government of Uganda’s only telecommunications company, Uganda Telecommunications Corporation Ltd (UTeL). We have also supported clients in acquiring the requisite anti-trust merger filings, authorisations and regulatory approvals from a wide range of regulators such as the Uganda Communications Commission, the Bank of Uganda, and COMESA during the acquisition of over fifteen petrol service stations.

The Energy Department: The firm has provided advisory support to a number of clients setting up energy infrastructure in Uganda, and in the process, the firm has worked with numerous government bodies including the Ministry of Energy and Mineral Development, the Electricity Regulatory Authority, Uganda Electricity Transmission Company Limited. The department has advised power generation companies negotiate offtake agreement and also advised a data centre negotiate a bulk power purchase agreement.

Increased market-share: The team has won a number of new clients over the past year including: Climate Impact Partners Limited which we advised on the commercial aspects of a non-contiguous Afforestation, Reforestation & Revegetation project, Amafh Farms Limited which is a group of companies dealing in large-scale agribusiness in Uganda with a specific interest in macadamia farming; clients in the power supply sector including Sebei Hydro, Nuhive Data Services, which are setting up different infrastructure projects in Uganda, amongst others.

Growing team: We have a large team which has grown over recent years including a new Partner, Martin Erone and a new Senior Associate, Mrs. Lydia Kakooza, who have both joined the team, having previously worked at the Uganda Electricity Transmission Company Limited (Power supply company in Uganda), they both have a speciality in power, energy and infrastructure transactions, having previously represented the government in numerous negotiations for Power Supply Agreements, Power Sales Agreements, licensing, amongst other critical decisions that have led to the overall development of the power sector in Uganda.