Deals - Sep 04, 2022

Asafo & Co. Advises Aruwa Capital Management on its Investment in Koolboks, an Africa-focused Solar Refrigeration Startup

Asafo & Co. advised Aruwa Capital Management as lead investor in a $2.5 million seed funding of Koolboks, a solar energy refrigeration startup for off-grid areas in Africa.

Company News - Sep 02, 2022

Asafo & Co. Expands its Abidjan Office and Global Mining Practice with Hire of Daye Kaba as Partner

Asafo & Co. strengthens its mining practice with the hiring of Daye Kaba, an international corporate finance and commercial lawyer joining the firm as a partner in Abidjan.

Deals - Jul 27, 2022

Asafo & Co. Advises AfricInvest FIVE, Adelie, and Seedstars Africa Ventures in Investment in Fintech Company Bizao

Asafo & Co. recently advised AfricInvest FIVE (Financial Inclusion Vehicle) as lead investor, alongside co-investors Adelie and Seedstars Africa Ventures, in an €8 million Series A fundraising to back fintech company Bizao.

Deals - Jul 26, 2022

Asafo & Co. Advises IFU and Norfund on the Opening of a Tanzanian Bank in the DRC

Asafo & Co. advised IFU and Norfund, respectively the Danish and Norwegian investment funds for developing countries, in their investment to support the largest bank in Tanzania, CRDB Bank Plc, in opening its first subsidiary in the Democratic Republic of Congo.

Deals - Jul 21, 2022

Asafo & Co. Advises on First IPO on Casablanca’s Alternative Market

Asafo & Co. advised Disty Technologies on its IPO, the first ever, on the Alternative Market of the Casablanca Stock Exchange.

Deals - Jul 15, 2022

Asafo & Co. Advises Norfund on Investment in CrossBoundary Energy

Asafo & Co. advised Norfund, the Norwegian investment fund for developing countries, in its $40 million equity investment alongside KPL, Norway’s largest pension fund, in CrossBoundary Energy, a leading developer, owner, and operator of commercial and industrial renewable energy systems in Africa.

Deals - Jul 01, 2022

Asafo & Co. Helps Launch New Pan-African Investment Fund

Asafo & Co. advised the investment fund, Fonds d’Investissement Africain (FIA), in structuring and obtaining the approvals necessary to launch its pan-African fund.

Deals - Jun 10, 2022

Asafo & Co. Advises Zalar on Capital Increase by Japan’s Mitsui Group

Asafo & Co. advised Zalar Holding, a leader in the Moroccan poultry sector, in Mitsui Group’s US$ 41 million second investment in the company.

Distinctions - Jun 08, 2022

Asafo & Co. Leads the Jeune Afrique Ranking of the 100 Most Influential Lawyers

With Pascal Agboyibor recognized as #1 and a total of 12 lawyers ranked, Asafo & Co. is honoured to take a top spot in this year’s ranking of the 100 most influential lawyers published by Jeune Afrique and Africa Business Plus.