Banking and finance in Ghana

Bentsi-Enchill, Letsa & Ankomah

At Bentsi-Enchill, Letsa & Ankomah, the highly regarded banking and finance team is well known for its strength in advising international and domestic banks and financial institutions on a wide range of transactional matters. Key areas of instruction for the group include debt restructurings, insolvency cases, lending, project finance, derivatives and asset finance matters. Elsewhere, the department has a solid track record in handling the financing aspects of manufacturing, infrastructure, energy, natural resources and power projects, as well as trade, commodity and export financing mandates. The firm is also very experienced in working closely with international law firms on multi-jurisdictional matters. Seth Asante and Frank Nimako Akowuah co-head the practice.

Praxisleiter:

Seth Asante; Frank Nimako Akowuah


Weitere Kernanwälte:

Sophia Sena Berdie


Referenzen

‘ The Banking and Finance team in BELA has the relevant technical expertise in handling matters referred to them.’

‘Seth Asante exhibits great patience in understanding clients’ issues. Devotes time to the client, even if he is contacted at the 11th hour.’

‘Frank Nimako Akowuah is easy to communicate with.’

Kernmandanten

Société Générale and Standard Chartered Bank


African Export Import Bank


Consolidated Bank Ghana LTD


African Export Import Bank


Caterpillar Financial Services Corporation


Bank Cantonale Vaudoise


United States International Development Finance Corporation


Bank of Ghana


JP Morgan Chase Bank, N.A


Growth Investment Partners Ghana LTD


Highlight-Mandate


  • Advised Société Générale and Standard Chartered Bank on Solevo Ghana Limited’s entering into a EUR150m syndicated credit facility agreement.
  • Advising Afreximbank on a $40m dual tranche facility to Plot Enterprise (Ghana) Limited.

ENSafrica

ENSafrica's team has extensive expertise in advising across the full range of banking and finance work. Cross-border matters are prominent in the group's workload, and the team regularly acts for local authorities, major corporates and financial institutions. Derivatives, project finance, and trade finance are core areas of instruction for the department. Led by Paa Kwesi Morrison, the team acts across a range of sectors, including mining, energy, and telecoms. Rachel Dagadu is well versed in assisting with project finance mandates.

Praxisleiter:

Paa Kwesi Morrison


Weitere Kernanwälte:

Rachel Dagadu


Referenzen

‘The team is a solid team to work with.’

Kernmandanten

The Standard Bank of South Africa Limited


International Finance Corporation


FirstRand Bank Limited


Komatsu Financial Europe NV


Perenti Global Limited


Ghana International Bank plc


REYL & CIE Ltd


Absa Bank


Societe Generale


HSBC Bank Plc


Highlight-Mandate


  • Advised International Finance Corporation in connection with an EUR100,000,000 loan to Sunda Group, Century International Limited (Mauritius) and Solipro Limited.
  • Advised The Standard Bank of South Africa Limited in connection with a sustainability-linked receivables-backed credit facility to M-KOPA Ghana Limited.
  • Advised Standard Chartered Bank Ghana Plc in connection with a $19,047,000 loan to Polytanks Ghana Ltd.

AB & David Africa

Under the joint leadership of Wilhemina Quist-Therson and Ferdinand D. Adadzi, the experienced team at AB & David Africa is well versed in handling a range of financial transactions. Key areas of instruction include trade and project finance, lending matters, sovereign debt and corporate finance work. The group is also very experienced in Islamic financing and financial regulatory matters.

Praxisleiter:

Wilhemina Quist-Therson; Ferdinand D. Adadzi


Kernmandanten

LMI Holdings Ltd


Absa Bank (Mauritius) Limited and Absa Bank Ghana Limited


Firstrand Bank Limited


Absa Bank Ghana Limited


Nedbank Limited, London Branch / Boston Investments Limited


Absa Bank Ghana Ltd


Volvo Construction Equipment Ab


Standard Chartered Bank


Asiatic Agricultural Industries Pte Ltd


African Development Bank (AfDB)


Highlight-Mandate


  • Advised LMI Holdings Ltd as primary developer of the Tema Free Zones on a $30m loan between its subsidiary Enclave Power Company and the International Finance Corporation.
  • Advised Absa Bank Ghana Limited on a proposed financing of up to $24m for an engineering, procurement and construction (EPC) contract awarded by Bui Power Authority to Meinergy Technology for a 100MW hydro-solar hybrid project at the Bui Generating Station.
  • Assisted with the amendment of documents in connection with a transaction involving African Development Bank (AfDB) and Ghana Cocoa Board (COCOBOD), for the financing of cocoa productivity.

JLD & MB Legal Consultancy

JLD & MB Legal Consultancy advises across the full spectrum of banking and finance matters. The team is well versed in handling corporate and project financing matters, syndicated lending and commodity financing work. Merene Benyah regularly acts for clients in the oil and gas, mining and minerals sectors; the client base also includes financial institutions, state-owned enterprises, and corporate entities. Lily Acquaye, Zoe Phillips Takyi-Appiah and Akosua Apea Osafo are practitioners to note.

Praxisleiter:

Merene Benyah; Lily Acquaye; Zoe Phillips Takyi-Appiah; Akosua Apea Osafo


Kernmandanten

Africa Data Centres (ADC)


Eastern and Southern African Trade and Development Bank (TDB)


Ghana Amalgamated Trust Plc (GAT)


Norton Rose Fulbright Morrocco and Paris


Best Assurance Company Limited


Fabrimetal / MMD Steel


4DX Ventures


Zeepay Ghana LTD


Asante Gold Corporation


GCB Bank PLC


Atlantic Lithium Resources Limited


Multi –Tech Services (WA) Limited


Anglogold Ashanti Limited


KOKA Energy Company Limited


Clarus Securities Inc.


Yinson Production West Africa Limited


BP Oil International Limited


Access Bank (Ghana) Plc


Scancom PLC


C Squared Ghana LTD


Citi N.A


Mitsui & Co


Fidelity Bank Ghana Limited


Farmerline Limited


Highlight-Mandate


  • Advising Atlantic Lithium on its secondary listing on the Ghana Stock Exchange.
  • Advising Ghana Amalgamated Trust Plc (GAT), on behalf of the Ghana Government, on an investment in a leading local insurance company.

N. Dowuona & Company

Firm managing partner NanaAma Botchway spearheads the practice at N. Dowuona & Company. The team continues to handle a range of banking matters, often for financial institutions, borrowers, lessees and fintech entities. Key areas of instruction for the group include project, asset and acquisition finance, corporate finance matters, cross-border investments and financial regulatory work. Achiaa Akobour Debrah is a key practitioner in the department.

Praxisleiter:

NanaAma Botchway


Weitere Kernanwälte:

Achiaa Akobour Debrah


Referenzen

‘What I love about the team is the timely response and special attention they pay to ensuring maximum delivery of quality legal services. In the course of my interaction with the team, I loved the dedication and attention given to the transaction and their timely response to issues and creative solutions to resolving issues. ’

‘I particularly worked with NanaAma Botchway. The qualities that stood out for me were excellence and availability.’

‘The banking and finance team at N. Dowuona & Company is known for its commercial and client-focused approach to the delivery of transactional services. What sets this team apart is its deep understanding of the Ghanaian loan market.’

Kernmandanten

Agdevco


rePATRN Limited


M-KOPA Limited


Standard Bank


Grandall Law Firm


Africinvest


Growth and Investment Partners


Injaro


Ecobank Ghana Limited


Ecobank Transnational Limited


Helios Towers Ghana Ltd


Nedbank


Highlight-Mandate


  • Advised Agdevco on the provision of a loan to a leading Ghanaian aquaculture company.
  • Advised rePATRN Ltd on the financing of two new sites and the procurement of related assets.
  • Advising M-Kopa on the acquisition of a microfinance licence and related compliance matters.

Ntrakwah & Co

The versatile team at Ntrakwah & Co has 'a strong reputation in the banking and finance sector'. The group has a solid track record in handling debt recovery issues and project and property finance matters. Additionally, the practice often acts on mandates involving the setting up of financial institutions, and has been kept busy assisting fintech clients with a wide spectrum of matters. Abena Ntrakwah-Mensah and Kwadwo Ntrakwah co-head the practice. Daisy Joana Bosumprah left the firm in January 2024.

Praxisleiter:

Abena Ntrakwah-Mensah; Kwadwo Ntrakwah


Referenzen

‘Ntrakwah and Company is led by strong partners with a wide range of knowledge across various disciplines, which helps them understand the business needs of companies in terms of risk-taking, risk mitigation, and remediation. They provide out-of-the-box solutions that actually work.’

‘Their strong reputation in the banking and finance sector means that other parties are less hostile or more cooperative when they realize you are represented by Ntrakwah & Co.’

‘Abena Ntrakwah-Mensah was diligent in dealing with us. She was accommodating of our needs and provided spot-on answers to questions we had.’

Kernmandanten

Landt GmbH


Dawa City Limited


Opportunity International Savings and Loans


Highlight-Mandate


  • Advised Landt GmbH on matters concerning an investment policy being drafted for Development Bank Ghana.

DLA Piper Africa, Ghana (Reindorf Chambers)

Kizzita Mensah heads the practice at DLA Piper Africa, Ghana (Reindorf Chambers), which is well known for assisting domestic and international clients with transactional work in the private and public sectors. The very experienced team acts for major banks, financial institutions, and corporate entities on a range of financial and lending transactions, with particular strength in handling cross-border financing work, and is equally strong in handling regulatory issues. Kweki Quaynor Ahlijah is a name to note.

Praxisleiter:

Kizzita Mensah


Weitere Kernanwälte:

Kweki Quaynor Ahlijah


Kernmandanten

C-Nergy Ghana Limited


ABC Bank International Plc


Ecobank Ghana Ltd


AlphaJiri Investment Fund LP


General Electric International (Benelux) B.V.


Africa Finance Corporation


Investec Bank Limited


Stichting Hivos-Triodos Fonds


WTS Nobisfields

The banking and finance practice at WTS Nobisfields has an excellent reputation for handling real estate, asset and acquisition financing, structured financing, debt financing and restructuring matters. Led by Theophilus Tawiah, the team is equally adept at assisting banking clients with regulatory issues. Boatemaa Ohene-Agyekum has extensive expertise in advising on complex financial transactions.

Praxisleiter:

Theophilus Tawiah


Weitere Kernanwälte:

Boatemaa Ohene-Agyekum


Referenzen

‘Practical and knowledgeable for banking and finance. Flexible and attuned to specific client needs.’

‘Theophilus Tawiah was exceptionally responsive, practical, and service oriented. He assisted us in navigating a new jurisdiction with great ease.’

‘The team from WTS are knowledgeable and have demonstrated ability to keep learning the latest technology and trends in their fields of service.’

Kernmandanten

MLU B.V


Wangara Green Venture Capital Ltd


Venture Capital Trust Fund (Ghana)


ISF Ghana Venture Capital Ltd


Vamed Competence and Management Center Africa Ltd


Global Partnerships Impact-First Fund 10, LLC


Bridges Outcomes Partnerships


Brenntag Ghana Limited


MYCREDIT SCORE LTD


Highlight-Mandate


  • Advised Global Partnerships Impact-First Fund 10, LLC on a large loan to Vision Fund Ghana.
  • Advised Brenntag Holdings BV on a large recapitalisation in Brenntag Ghana Limited.
  • Advised Venture Capital Trust Fund, Ghana on a large convertible loan.

Kimathi & Partners, Corporate Attorneys

Under the joint leadership of Kimathi Kuenyehia and Akua Serwaa Asomani-Adem, the team at Kimathi & Partners, Corporate Attorneys handles a wide spectrum of banking and financing matters. The group has particular expertise in handling financings in the mining, renewable energy and power sectors, as well as advising on investments into Ghana.

Praxisleiter:

Kimathi Kuenyehia; Akua Serwaa Asomani-Adem


Referenzen

‘Kimathi has been my go-to law firm in Ghana for transaction services and other legal matters. The team has deep technical expertise as well as superior local knowledge, which has led to very positive outcomes.’

‘They are one of the most responsive and time-efficient practices that I have worked with (across multiple jurisdictions).’

‘Kimathi Kuenyehia is exceptional in his availability, counsel and commercial focus.’

Koranteng & Koranteng Legal Advisors

At Koranteng & Koranteng Legal Advisors, recent instructions for the team include capital markets matters, syndicated lending and sovereign debt work. Firm managing partner Afua Koranteng is a key contact.

Praxisleiter:

Afua Koranteng


Kernmandanten

Ministry of Finance


Ministry of Energy


Electricity Company of Ghana


Ghana Infrastructure Investment Fund


Templars

Following its merger with Ferociter Law in January 2024, the banking and finance group at Templars is led by Sarpong K. Odame. The practice continues to advise local and foreign investors, financial institutions and lenders and borrowers on a wide range of matters. Kojo Amoako is a key contact. Dorothy Mensah has left the firm.

Praxisleiter:

Sarpong K. Odame


Weitere Kernanwälte:

Kojo Amoako


Referenzen

‘The firm is very good at conducting research and the people are open and warm.

‘Sarpong Odame is tenacious and accessible.’

‘Kojo Amoako pays attention to details, has excellent communication skills, and goes the extra mile for the client.’

Kernmandanten

Yilport Africa Holding B.V and Yilport Ghana Holding Ltd


Terraformation Inc.


Trine AB


First Atlantic Bank Ltd


National Cancer Research Institute


Investisseurs and Partenaires


Türkiye İş Bankası Anonim Şirketi


Bayerische Landesbank


GCB Bank PLC


Minerals Income Investment Fund


Highlight-Mandate


  • Advised Yilport Africa Holding B.V. on regulatory and compliance issues relating to the incorporation of Yilport Ghana Holding Ltd in Ghana, concerning a share purchase agreement between Yilport Africa Holding B.V and AFC Equity Investment Ltd for the acquisition of shares in Atlantic Terminal Services Limited.
  • Advised Türkiye İş Bankası Anonim Şirketi on its financing to Aksa Enerji Anonim Şirketi for investment in a natural gas cycle power plant in Ghana.