MMC ASAFO > Nairobi, Kenya > Firm Profile

MMC ASAFO
MMC Arches, Spring Valley Crescent
Off Peponi Road, Westlands
00200 Nairobi
P.O. Box 75362
Kenya

Kenya > Privatisation and projects Tier 2

Stakeholders in the burgeoning PPP sector, including government entities and multinational corporations, rely on MMC ASAFO for advice on infrastructure developments, procurements, acquisitions, and privatisation projects. Managing partner Esther Njiru-Omulele has extensive experience in project development, structuring and financing, while the Mombasa-based Isaiah Mungai Kamau is a key resource in project finance transactions. Jessica Mwenje assists with the structuring and real estate components of projects.

Practice head(s):

Esther Omulele; Isaiah Mungai Kamau; Jessica Mwenje

Other key lawyers:

Henry Omukubi; Maxwell Mafubo; Sylvia Kimani

Key clients

UK Export Finance (UKEF) (as part of the KPMG East Africa Consortium)

Kenya Railways Corporation

KPMG East Africa

Public Private Partnerships (PPP) Unit, National Treasury, Government of Kenya

Government of the Federal Democratic Republic of Ethiopia

Ethiopian Investments Holdings

Bamburi Cement Limited

Kenya Wines Agencies Limited (KWAL)

New Makongeni Development LLP

Urban Housing Development Renewal LLP

Tatu City Limited

Terraformation

Tilisi Developments PLC

Work highlights

  • Advised the Kenya Railways Corporation in the financing, structuring and development of the Nairobi Railway City Project.
  • Advised the Government of the Federal Democratic Republic of Ethiopia in the privatisation of eight state-owned enterprises operating in the sugar industry in Ethiopia.
  • Advised the PPP Unit situated in the National Treasury, Government of Kenya in a road tolling project to be rolled out throughout Kenya under a PPP project.

Kenya > Real estate and construction Tier 2

With a presence in many large residential, commercial, and mixed-use development projects, MMC ASAFO is highly experienced in advising on structuring, regulatory approval, urban regeneration, land use, and environmental concerns. Managing partner Esther Njiru Omulele, who is a reliable source for developers, Isaiah Mungai Kamau, who focuses on project financing, and Jessica Mwenje Mayavi, who specialises in structuring and disposals, together lead the team.

Practice head(s):

Esther Njiru Omulele; Jessica Mwenje Mayavi; Isaiah Mungai Kamau

Key clients

New Makongeni Development LLP

KPMG Advisory Services Limited

Urban Renewal Housing Development LLP

Tatu City Limited

Tilisi Developments Limited

Maisha Housing Limited

Oaklands Properties Kenya Limited

Women of Kiambu Association

Garton Limited

HF Development and Investment Limited

Kisima Farmland Limited

Work highlights

  • Represented KPMG Kenya as part of a consortium assisting the State Department of Transport and the Kenya Railways Corporation with a transaction concerning the redevelopment of the Nairobi Central Railway Station.
  • Advised Women of Kiambu Association as landowners on all aspects of a joint venture arrangement between the client and a developer in relation to a housing project.
  • Advised Urban Renewal Housing Development LLP on all legal aspects of a transaction concerning an urban regeneration project.

Kenya > Banking, finance and capital markets Tier 3

Counting several major domestic banks in its client portfolio, MMC ASAFO is frequently retained on matters involving banking and finance transactions, regulation, and fintech. Leadership is split between Esther Njiru-Omulele, who specialises in real estate financing, and structuring, and Isaiah Mungai Kamau, who offers a wealth of experience in syndicated finance, corporate finance, and debt restructuring.

Practice head(s):

Esther Njiru Omulele; Isaiah Mungai Kamau

Other key lawyers:

Judy Guandaru; Mary Gathoni Mwai

Key clients

HF Group Limited

Equity Bank (Kenya) Limited

ABSA Bank Kenya PLC

KCB Bank Kenya Limited

The Co-operative Bank of Kenya Limited

DIB Bank Kenya Limited

NCBA Bank Kenya PLC

Credit Bank PLC

Gulf African Bank Limited

Victoria Commercial Bank Limited

Family Bank Limited

Work highlights

  • Advised ABSA Bank Kenya PLC in financing a leading player in the tea export sector in the sum of $6.5m and KSh500,000.
  • Advised DIB Bank Kenya Limited in financing a leading dental health care provider in the country on a multifaceted banking facility involving a mix of working capital and trade finance in the sum of approximately $2m.
  • Advised KCB Bank Limited on a mezzanine facility involving one of the leading sugar milling companies in the East African region in the sum of approximately $44m.

Kenya > Commercial, corporate and M&A Tier 3

Engaging in the breadth of the corporate and commercial market, MMC ASAFO has also gained traction advising local and state corporations in emerging areas such as ESG compliance, data protection and privacy, and carbon credits. The team is led by managing Esther Njiru-Omulele, who advises entities of all sizes in their formation, structuring and acquisitions, and Isaiah Mungai Kamau, who runs a dedicated practice in banking, finance and fintech.

Practice head(s):

Esther Njiru-Omulele; Isaiah Mungai Kamau

Other key lawyers:

Sylvia Kimani; Maxwell Mafubo; Melissa Were

Key clients

Intraspeed Arcpro (Kenya) Limited

FIPAR Agro International

Automobile Association of Kenya

Kenya Wine Agencies Limited

KWAL SEZ Limited

Happy Cow Limited

Kitea S.A. and Tana Africa Capital

Zoscales Partners

Urban Housing Renewal Development LLP

Loldia Northlake Limited

Work highlights

  • Advised an international logistics company in its corporate restructuring following the conversion of a loan from a foreign international bank.
  • Advised the Automobile Association of Kenya (AAK) in their demutualisation process and capital raising through a restricted public offer.
  • Advised a long-established beverage manufacturer and distributor through the various stages and rigorous process of transfer of business to its Special Economic Zone enterprise.

Kenya > Dispute resolution Tier 3

MMC ASAFO‘s client base is comprised of public institutions and state corporations seeking assistance with commercial disputes in banking and finance, telecoms, real estate, government regulation, and procurement. Central figures in the team include Peter Murage, whose expertise spans commercial, labour, and public procurement law, Daniel Musyoka, who is well-regarded in domestic and international arbitration, and Billy Kongere, whose litigation and arbitration experience guides the Mombasa dispute resolution offering.

Practice head(s):

Peter Munge; Daniel Musyoka; Billy Kongere

Other key lawyers:

Kenneth Wilson; Karen Muthee; Solomon Opole

Key clients

Kwale International Sugar Company Limited

Kenya Ports Authority

Britam General Insurance Company (K) Limited

KCB Bank Kenya Limited

Saracen Media Limited

Carii Motors Limited

Work highlights

  • Acted for a mixed-use real estate developer against a construction company in an arbitration before the ICC International Court of Arbitration in a dispute worth KSh6.8m.
  • Acted for KCB Bank Limited and KCB Bank Group in an employment dispute resulting in the dismissal of the claim, the suit establishing who an employee’s employer is upon transfer, since the Employment Act does not define what employment transfer entails.
  • Acted for Kwale International Sugar Company Limited (KISCOL) in a suit seeking compensation following the Government of Kenya’s failure to protect and promote investment by international investors and for breaching the Government’s obligation to provide a conducive environment for international investments.

Asafo & Co. (MMC Asafo in Kenya) is an international law firm established to deliver a unique and integrated offering of world class legal services dedicated to Africa-related business. With experienced teams of over 150 lawyers and legal professionals in eight offices in Abidjan, Casablanca, Johannesburg, London, Mombasa, Nairobi, Paris and Washington DC, Asafo & Co. has established a unique pan-African footprint.

The team works on complex and high-impact transactions, financings and dispute resolution matters in a broad range of sectors, including energy (conventional and renewable), infrastructure, natural resources (mining, oil and gas), telecommunications, as well as banking and financial services. Asafo & Co. regularly acts for private investors, developers, commercial and development banks, development financial institutions, investment funds, states and government entities.

Department Name Email Telephone
Banking & Finance; Real Estate Esther Omulele eomulele@mmcasafo.com
Banking & Finance, Real Estate, Corporate Isaiah Mungai imungai@mmcasafo.com
Dispute Resolution Peter Munge pmunge@mmcasafoandco.com