Commercial, corporate and M&A in Ghana

Bentsi-Enchill, Letsa & Ankomah

The ‘excellent’ team at Bentsi-Enchill, Letsa & Ankomah has a stellar reputation for its work with a wide range of notable local and foreign clients. It frequently advises on all aspects of acquisitions, mergers, financings, due diligence and compliance issues. The team has substantial expertise in various sectors including the hospitality, healthcare and manufacturing industries and is particularly recommended for its skill in conducting large-scale corporate due diligence exercises on target companies. In addition the practice is highly regarded for its advice to international clients on the divestment and restructuring of Ghanaian subsidiaries. The group has a number of key practitioners including Seth Asante , Susan-Barbara Adjorkor Kumapley Angela Gyasi  and Frank Nimako Akowuah . In addition the practice is well-regarded for its work on structured trade and commodity finance deals.

Key clients

LeapFrog Investments Group Limited

Scancom Plc

Unilever Ghana Limited

Oasis Capital Limited

ExpressPay Ghana Limited

Moringa SCA SICAR

Bayport Management Limited

Future Global Resources Limited

Digital Innova Ghana Limited

ENSafrica

ENSafrica has a ‘knowledgeable, responsive and flexible’ team, which is consistently involved in complex corporate matters in Ghana. The group is also skilled at advising on foreign direct investments and acts for investors and investee companies in Ghana. Other strengths include advising on complex joint venture agreements and restructurings, and it is also well regarded for its work on corporate governance issues and major cross-border deals. Amina Abugdanpoka Kaguah heads up the department, which advises some of the world’s leading organisations and bilateral agencies as well as indigenous Ghanaian companies and small and medium enterprises. It has also recently been enhancing its expertise across diverse industries including the mining, energy and telecoms sectors. Patricia Jane Mumuni was recently promoted to the partnership.

Practice head(s):

Amina Abugdanpoka Kaguah

Other key lawyers:

Patricia Jane Mumuni

Testimonials

‘I have worked with ENSafrica for the past 3 years and what I like about them is their professional staff who respond to all queries and requests on time. Their customer relationship is excellent’.

‘I usually work with Patricia Jane Mumuni and she responds to all my requests on time and is very professional. She is always available to help no matter the time. Her work is detailed and accurate. She pays attention to details as well’.

‘The responsiveness of the team is excellent and their ability to resolve issues promptly’.

‘The firm has a great team that is very knowledgeable on commercial transactions. Their turnaround time is excellent and the quality of work and service provided exceeds expectations. The firm is also flexible in relation to billing which is extremely useful when dealing with diverse clients with varying internal policies relating to billing’.

‘Amina Kaguah deserves special mention. She is extremely knowledgeable and consistently provides sound practical advice to clients. She is also extremely efficient and her turnaround time is fantastic’.

‘Amina Kaguah and the team: Knowledgeable, responsive, flexible.’

‘The team addresses a wide variety of subject matters. Friendly service. Flexible with the client’s requirements on style and nature of advice. All of the team members have been extremely helpful‘.

Key clients

HFA Group Holdings Limited

ADvTECH Limited

De La Rue International Limited

Unicaf University Limited

Sahel Health Ghana Limited

The Teachers’ Fund

JUMO World

Mastercard

Goldkey Properties Limited

Cantonments City Limited

Portman Limited

DPO Group

Crown Holding, Inc.

Enertrag SA(Pty) Limited

Accommod8

PAIX

PTC Group

Work highlights

  • Advised Newrest in relation to the forms of mergers applicable under Ghanaian law and the legal consequences of a proposed merger under Ghanaian law.
  • Advised De La Rue International Limited on the setting up and operation of a joint venture company. The client and Buck Press Limited, acting as an unincorporated consortium, were successful in a bid to provide excise tax stamp solutions to the Ghana Revenue Authority.

N. Dowuona & Company

N. Dowuona & Company routinely advises clients on large and complex inbound investment and divestment transactions, corporate acquisitions and joint ventures between large local corporates and multinational companies. Under the leadership of NanaAma Botchway, the team advises on corporate governance, intellectual property and licensing issues, tax mandates and other regulatory matters. The group is particularly well regarded for its expertise in investment structuring work, mergers and acquisitions and for its advice on large-scale property development projects (especially infrastructure projects). Recently the practice has advised some of the largest multinational companies, as well as start-up companies operating in a variety of industries spanning the private equity, oilfield services, construction, insurance and healthcare sectors.

Practice head(s):

NanaAma Botchway

Key clients

Oppenheimer Partners Limited

Tiso Investment Holdings (Mauritius)

Prime Meridian Docks

World Kaihatsu Kogyo Co Ltd

Brassica Capital

GlovoApp

M-Kopa Limited

Pepperdine University

Work highlights

  • Advised Oppenheimer Partners Limited on its investment in a leading energy generation company.
  • Advising a multinational precious metals mining company on the proposed acquisition of a significant stake in one of the largest gold mining companies in Ghana.
  • Advised Tiso Investment Holdings (Mauritius) on the sale of a significant minority stake in a leading Ghanaian universal bank.

AELEX

AELEX has an experienced team that advises on a wide range of corporate and commercial matters from due diligence issues and company secretarial services to advising on direct foreign investment in the country. It acts for many of Ghana’s leading companies and some major multinationals and routinely advises on issues such as corporate structures, the transferability of shares and issues surrounding the subscription of capital. Theophilus Emuwa heads up the corporate and commercial offering in Ghana. Managing associate Kwesi Dodi is another key contact who is also recommended for his work in energy law.

Practice head(s):

Theophilus Emuwa

Other key lawyers:

Kwesi Dodi

Testimonials

‘Aelex responses are always clear and accurate, focused on a company needs and are business oriented’.

‘The lawyers who assist us are always responsive, available and transparent’.

Key clients

Rowan

Carana Corporation

Royal Sweet Limited

Brussels Airlines

James Fisher and Sons Plc

Partners Worldwide

Alibaba Group

South African Airways

Lufthansa Cargo AG

Park Agrotech

Reindorf Chambers

Reindorf Chambers has extensive experience in advising domestic and international clients on project financings, mergers and acquisitions. It also excels at conducting due diligence exercises, advising on company formations and registrations as well as providing company secretarial services. The team is well placed to draft and review major commercial contracts such as joint venture agreements and other financial and transactional documents. The heads of department are Fui Tsikata  and Kizzita Mensah , who are both highly regarded.

Practice head(s):

Fui Tsikata; Kizzita Mensah

Key clients

Multimedia Group Limited

ATC Ghana Limited

C-Nergy Ghana Limited

China Harbour Engineering Company Limited

Old Mutual Life Assurance Company (Ghana) Limited

Louis Dreyfus Company Suisse S.A.

AgDevCo Ghana Limited

Ghana National Association of Teachers

KPMG

Puma Energy Distribution Ghana Limited

Teachers Fund

Vulcan Natural Resources

Vulcan Holdings Limited

Work highlights

  • Advising a syndicate of lenders on a proposed $70m financing of a Ghanaian borrower.
  • Advised a client on the tax aspects of the structure for the implementation of a commercial contract for the engineering, procurement and construction of water supply systems in Ghana.
  • Advised the Ghana National Association of Teachers on its acquisition of 100% of the shares held in Sweden Ghana Medical Centre, an oncology centre, by its minority and majority shareholders.

WTS Nobisfields

The ‘great and responsive’ team at WTS Nobisfields is praised for its ability to act as a ‘problem solver’ by ‘providing practical solutions to complex problems’. The ‘’hands on and professionalTheophilus Tawiah heads up the department, which advises on the full spectrum of corporate and commercial matters from corporate finance work and corporate restructurings to corporate governance issues, foreign direct investments and intellectual property matters. It is also skilled at handling large mergers and acquisitions as well as other issues relating to business formation and regulatory compliance issues. The group provides corporate secretarial support for multinational companies doing business in Ghana.

Practice head(s):

Theophilus Tawiah

Testimonials

‘Theophilus Tawiah has been extremely available to us at all times, often exceeding expectations by delivering value way before the set target times’.

‘The WTS Nobisfields team is very diligent and meticulous in carrying out its duties. The detailed and analytical oriented approach in advising our company with matters of tax and legal matters, catapults the firm to the preferred advisory firm for our organisation’.

‘They always provide a very good level of service in respect of availability, quality of advice and deliverables, speed and communication. They are really exceptional’.

‘Theophilus Tawiah is a superb attorney and wonderful to work with. He is reliable and responsive’.

‘One of the strongest teams in the market. They are very much a firm with whom it is a pleasure to work with. The team has a great depth of experience and is able to relate well with government agencies. Theophilus Tawiah is absolutely excellent and pragmatic’.

‘WTS Nobisfields’ team was very responsive to tight deadlines and provided good practical advice. They stand out for me. Theophilus Tawiah has deep experience and a practical perspective on all the issues we worked with him on’.

‘One of the main strengths was the ability to translate complex legal terms into a simple overview, always indicating key risks that ought to be considered from a commercial standpoint. Theophilus Tawiah has an excellent combination of legal knowledge, energy, commercial nous and exceptional client engagement’.

‘We mostly were in touch with Mr. Theophilus Tawiah and have always received high quality answers to our questions very promptly. Furthermore, we appreciated highly that Mr. Tawiah was also available for meetings (face-to-face and online) with the involved parties and was anxious to find solutions to any problems’.

Key clients

Wenger & Vieli Ltd

SMTC Global Inc.

Chespa Group Sp. z o.o.

Cenpower Operations & Services Limited

Vitol Ghana Services Limited

Frankipile International Projects Limited

Föckersperger Ventures UG

SG France

Vamed Engineering GmBH CZ

Vamed Engineering GmBH Austria

Work highlights

  • Acted for SMTC Global Inc. on the sale of its 50% shares in SMTC Global Ghana LTD to Rigworld Training Center Limited.
  • Acted for Chespa Group Sp. z o.o. on the acquisition of a 80% stake in Chespa WA Ghana Limited.
  • Advised SG France on banking, tax and labour issues relating to a potential merger and acquisition of a target entity in Ghana.

B&P Associates

Adelaide Benneh Prempreh leads the ‘very professional’ team at B&P Associates, which is well placed to advise foreign and local investors on a vast array of corporate and regulatory matters in Ghana. Clients include non-governmental organisations in addition to corporates and individual clients. Core strengths of the practice include advising on business formations, project finance work, joint ventures and mergers and acquisitions. It also receives plaudits for its work on private equity and company secretarial matters as well as for its advice on corporate restructurings and corporate governance issues.

Practice head(s):

Adelaide Benneh Prempeh

Other key lawyers:

Leonie  Leo-Mensah

Testimonials

‘B&P Associates is a hands-on law firm, always ready to learn and appreciate the working dynamics of the client and tailor the services to meet the client’s expectations. They are very prompt in their responses to client’s concerns and worries. They are more of a female law firm and they deploy lots of technology in their dealings with clients. B&P lawyers are very empathetic and always just a call away, no matter the time and place. They provide services promptly making them the best so far’.

‘The team is made up of young and energetic lawyers who make good use of technology. The members of the firm exhibit a high sense of professionalism and expertise. The key strength of the team is that the members take time to understand the business of a client and thereby are in the position to meet the needs of the client.’

‘I deal with the Managing Partner, Mrs. Adelaide Benneh Prempeh and Leonie Leo-Mensah. Adelaide has very good managerial skills. Moreover, she possesses good lawyer-client relational skills. She is patient and listens to us as a client and is willing to take our inputs on board. Above all, she acts professionally and looks after our interests as a client. Leonie is good at doing follow-ups on matters that are pending. She is duty conscious and takes seriously written communication’.

‘Their practice is very professional. They are very time conscious and are always ahead of the agreed schedule. Their staff are very knowledgeable and very patient. They are always ready to support and respond promptly to enquiries’.

‘For an international company such as the one I’m running, B & P Associates has been an extremely valuable legal services provider in all areas -from commercial to labour law etc. They also are smart enough to reach out to other specialised firms when they need extra support/expertise. The main partner Adelaide is a standout. Her team is also very capable and diligent’.

‘B&P Associates consistently provides advice that is not only legally robust, but also demonstrates an appreciation of the risks to our business from the particular transaction being contemplated, together with potential mitigating measures. Over the years, the firm has strengthened its expertise in the Energy sector, including in relation to oil & gas and renewable energy, and this expertise has proven valuable to our business’.

‘The Managing Partner at B&P Associates, Adelaide Benneh-Prempeh, is exceptionally professional. In addition to managing the firm, she gets involved directly in reviewing documents and providing guidance / advice on specific transactions, maintaining a keen attention to detail and sound commercial judgement’.

‘B&P Associates is led by Mrs Adelaide Benneh Prempeh and she stands out due to her exceptional knowledge of company law. She sometimes takes part in discussions or debates during seminars about specialised or specific laws or consequences of new laws all related to company law. It makes her a true Ghana expert . Also she is very professional , approachable and service minded; the combination of these virtues is very rare, especially in Ghana’.

Key clients

Carlyle Aviation Partners

Industrial and Engineering Services Limited

BIMA (Milvik) Ghana Limited

Souzhou Elink Company Limited

Azimuth Power Ghana Limited (Berkeley Energy)

Spectrum Fibre Company Limited

Norpalm Ghana Limited

Redavia Ghana Asset Limited

Genesis Oil and Gas Services

Eurapharma Care Services Ghana Limited (CFAO Group)

Work highlights

  • Assisting Azimuth Ghana Asset Limited, which is presently undergoing a complex restructuring and capitalisation in line with local participation requirements in Ghana.
  • Advised Industrial Engineering Services on transaction documents between the client as Concessionaire and the Ministry of Transport of the Republic of Ghana for the financing, development, construction and maintenance of a Cable Car Transport System.
  • Providing legal advice to Broadspectrum Limited, a licensed telecoms operator, in respect of a $42m investment for the development and construction of an in-land fibre-optic cable and the upgrade of an existing optical ground wire fibre network along the Western Corridor of the Republic of Ghana.

Egality Law

Egality Law acts for leading local and multinational organisations across the financial services, technology, entertainment, energy, manufacturing and industrial sectors. It also acts for industry regulators and the Association of Free Zone Companies. Department head Korieh Duodu, who has been called to the English Bar, has a broad and diverse practice assisting both UK and West African clients.

Practice head(s):

Korieh Duodu

Other key lawyers:

Victoria Derban

Testimonials

‘Good small local practice, solid understanding of both local law and UK law, have worked with foreign clients and so seems to understand well the importance of high quality requirements and tight timelines – Korieh Duodu‘.

‘Egality makes an effort to build a good relationship, deliver on time and manage expectations. They are incredibly professional and highly motivated by the work that they believe will contribute to the development of strong governance and social impact in Ghana. They have also offered us favourable rates for work which has a strong social purpose. They particularly care about the development of SMEs in Ghana and help to translate the necessary regulatory obligations for them and provide advisory support. Korieh Duodu has taken the time to truly understand our work and needs and guides his team to support us‘.

The focus on Ghana and the UK allows a unique set of issues to be addressed for those operating in both countries. Korieh Duodu is a first-rate operator who offers a level of insight and service equivalent to a large UK law firm‘.

Professional approach, detailed explanations, transparent pricing, clear communication. Once engaged in various assignments they demonstrated constant commitment and excellent customer care. We were duly informed about future actions in advance and it regularly updated us on the progress of the projects’.

I would especially praise our main contact, Mrs. Victoria Derban, for the constant support and commitment and professionalism in assisting us as a customer. She impressed with great responsiveness, meticulous follow-up and professional and organised approach‘.

Egality Law provides legal and company secretarial services to our company and they do so with diligence and dedication. We have found them to be proactive and very reliable. Indeed they are, by far, the best firm we have worked with since we were established‘.

‘Our contacts are Korieh Duodu and Victoria Derban- they have exhibited the highest standards in all of their engagements with our company. Their turn around time on assignments has been super as they always keep within promised timelines. All enquiries are also responded to with alacrity‘.

Work highlights

  • Advised a client on the intellectual property rights, licensing and other similar issues specific to operating a highly innovative technology company in the agricultural sector.
  • Providing high-level and strategic advice on risk and related issues to both the Ghanaian entity of a company and the global management team.
  • Provided a client with legal guidance on risk mitigation and regulatory compliance work following a major corporate restructuring and in response to the Covid-19 pandemic.

JLD & MB Legal Consultancy

JLD & MB Legal Consultancy has a solid team, which handles a broad array of domestic and international corporate and commercial deals. It is well placed to advise multinationals, financial institutions, state-owned enterprises and corporate entities across a wide range of sectors. Zoe Phillips Takyi-Appiah and Merene Botsio Benyah are among the primary contacts.

Key clients

Ghana Infrastructure Investment Fund

AKA Ausfuhrkredit-Gesellschaft mbH (AKA Bank Germany)

Swipebill Ghana Limited

KOKA Energy Company Limited

Quad Energy Limited

Fidelity Bank Ghana Limited

Zeepay Ghana Limited

IronRidge Resources Limited

Yinson Production West Africa Limited

Kinross Africa S.L.

BP Oil International Limited

Cardinal Resources Limited

Asante Gold Corporation

Mitsui & Co. Ltd

ExxonMobil Corporation

MPharma Ghana Limited

Tullow Ghana Limited

Republic Bank (Ghana) Limited

Heritage Oil

Fast Pace Transfer Ltd

Work highlights

  • Advised Asante Gold Corporation on the $90m acquisition of the Bibiani Project from Resolute Mining Limited.
  • Advised Zeepay Ghana Limited on its acquisition of a 51% stake in Mangwee Mobile Money Zambia.
  • Advised Fidelity Bank Ghana Limited on the GHS5bn liability management program for the Government of Ghana by Fidelity Bank Ghana Limited.

Ntrakwah & Co

Ntrakwah & Co has considerable expertise in diverse areas spanning mergers, acquisitions and capital markets work, and also adept at advising on the privatisation of state-owned companies and the formation of companies in Ghana. The team receives a steady flow of instructions on issues such as conducting due diligence exercises for the sellers and buyers on key deals as well as advising on the related sale and purchase agreements. Department heads are Kwadwo Ntrakwah and Abena Ntrakwah-Mensah, who are both seasoned practitioners.

Key clients

Form Ghana

Kudijis Ghana limited

Paradise Cosmetics Limited

Solidaridad West Africa

Andela Ghana Ltd

Centric Digital

Ghana-Alarm.Com

Jones & Wagener Pty Ltd

Unispan Ghana Limited

West African Platforms Services

Key Architectural Limited

EMROC Ag

Government of Ghana

National Aviation Services (NAS)

Work highlights

  • Reviewed Alarm.com’s service provider agreement for its client (a Delaware corporation with its principal place of business at Virginia) and gave a legal opinion on it to ascertain if the agreement complies with applicable local law.
  • Assisting a client with registering with the Data Protection Commission as well as drafting a privacy policy for users of their services.
  • Reviewed an agreement between a client and its parent company in South Africa.