Hunton Builds Africa Presence

Image via WikipediaHunton & Williams Strengthens Ties to Africa - AmLaw Daily

Hunton & Williams has signed a memorandum of understanding with Mkono & Co. Advocates, East Africa's largest law firm.

"Recent events prove there is big money to be made in Africa for dealmaking lawyers. Late last year a series of donors, including the World Bank and the Blackstone Group worked with the Ugandan government to start construction on a $870 million-plus hydroelectric dam there.
Chadbourne represented much of the private equity behind the deal, Mizrahi says; Beardsworth and Hunton represented the Ugandan government in the same project. Right now, Chadbourne is advising the Moroccan government's state-owned electric company as it seeks financing for financing a 1,300-megawatt power plan that is expected to cost $2 billion, Mizrahi says.

It is deals of that size that Beardsworth envisions Hunton landing thanks to its new alliance with Tanzania-based Mkono."

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