Technology and innovation
Africa’s technological development to date has been primarily driven by the need for better telecommunications. With a lack of fixed telecoms lines, investment has jumped straight to mobile communications infrastructure, which is creating a market for services such as mobile banking.
We provide a full range of legal services to clients in industries in which innovation and intellectual property are core. We are also seeing increased activity from retail and brands sectors as Africans’ wealth begins to rise.
Our recent work
Etisalat Nigeria expands its telecoms platform
We helped Etisalat Nigeria secure the largest project financing to date in Nigeria as part of its expansion to deliver a growing number of telecoms services to its increasing subscriber base. The US$650 million transaction was funded by EMTS and a consortium of banks – First Bank, Zenith Bank, Access Bank, Fidelity Bank, UBA, Oceanic Bank (now Ecobank), GTB and Bank PHB (now Keystone). Etisalat Nigeria has a subscriber base of more than 10 million – part of Etisalat Group’s 135 million subscribers across Africa, the Middle East and Asia.
Awards and accolades
- African Telecoms Deal of the Year, 2011 (Etilisat Nigeria), Project Finance Magazine and PFI awards
- Tier 1 - IT and telecommunications (South Africa), 2012, Chambers Global