This archive report was first published on 11 November 2019.
On November 11, 2019, Kenya's commercial law firm MMC Africa Law and Africa's international law firm ASAFO & CO announced a strategic partnership to form MMC ASAFO, a Pan-African law firm.
The partnership aims to provide an integrated offering of top-tier legal services exclusively dedicated to the African continent. MMC ASAFO will have a presence in France and major African business hubs, including Nairobi, Abidjan, Casablanca, and Johannesburg.
MMC ASAFO already boasts a team of 100 lawyers and has set its sights on becoming a truly Pan-African law firm. The firm has actively pursued expansion plans across Africa, with a goal of securing a physical presence in all strategic hubs to serve its sophisticated clientele in both the public and private sectors.
Speaking at the launch of the partnership in Nairobi, ASAFO & CO founder and managing partner Pascal Agboyibor emphasized the importance of the partnership, citing the increasing interest and opportunities in Africa. He noted that the strength of MMC ASAFO lies in its effective presence on the continent and high-level teams, enabling the firm to handle complex transactions and offer clients a rapid, integrated, value-added service.
MMC ASAFO's key transactions include advising the DRC Government on the development of the $14 billion Inga 3 hydroelectric dam and advising the Republic of Guinea in respect of the review, renegotiation, and restructuring of the Simandou-South iron ore project.