Competition

A&K Tanzania has a leading competition and regulatory practice. Our dedicated competition team has extensive experience dealing with local and regional regulators, including the Fair Competition Commission, COMESA and the East African Community. We advise clients on the competition and regulatory aspects of acquisitions, mergers and joint ventures, sector regulations, abuse of dominance and market investigations.

The A&K Tanzania team has acted on various Competition *matters, including:

  • Acting for GardaWorld, a Canadian headquartered global company and one of the world’s largest security companies, in connection with obtaining approval from the Fair Competition Commission on its acquisition of KK Security, one of East Africa’s best known security firms operating in eight African countries.
  • Acting for Vivo Energy, a company incorporated in the Netherlands with operations in marketing and distributing petroleum products under the ‘Shell’ brand in 16 African countries, in connection with obtaining merger clearances from the Fair Competition Commission on its acquisition of 100 percent of the shares of Engen Holdings, a company that markets and distributes petroleum products in various countries.
  • Acting for WS Atkins International, a leading global design, engineering and project management consultancy, in connection with obtaining approval from the Fair Competition Commission on its acquisition of 100 percent of Howard Humphreys East Africa, an engineering consulting firm based in Kenya, and its wholly-owned subsidiary in Tanzania.
  • Advising the CDC Group, a development finance institution owned by the UK government, in connection with its merger notifications to the Fair Competition Commission in respect of its USD 140 million equity investment for 40.65 percent of the issued share capital in ARM Cement, a company listed on the Nairobi Stock Exchange and a producer of cement, lime and fertiliser, with operations and mining concessions in Kenya, Tanzania and Rwanda.
  • Acting for Boundary Holdco, a wholly owned subsidiary of Helios Investment Partners, an Africa-focused private equity firm, in connection with obtaining merger clearances from the Fair Competition Commission on their acquisition of Off Grid Electric, a Cayman Islands company that installs and maintains solar power systems under the Zola brand to and for rural households and small businesses.
  • Advising a consortium of investors comprising AfricInvest Capital Partners, DEG, FMO and Proparco, as Tanzanian counsel, in connection with obtaining approval from the Fair Competition Commission on their equity investment of approximately USD 50 million in Britam Holdings, a Kenyan listed insurance and asset management group with operations in Kenya, Tanzania, Uganda, Rwanda, Malawi, South Sudan and Mozambique.
  • Acting for CDC and Norfund in connection with obtaining approval from the Fair Competition Commission on their acquisition of Globeleq Africa, which has interests in a number of power generating companies in Kenya, Tanzania, South Africa, Cameroon and Côte d’Ivoire.
  • Advising Otto Energy, a company that explores, develops, and produces oil and gas primarily in the Philippines and East Africa, in connection with obtaining approval from the Fair Competition Commission on its farm out of a 25 percent participating interest in Kilosa-Kilombero contract area under the relevant production sharing agreement.
  • Acting for Holcim, a Swiss-based global building materials and aggregates company, in connection with preparing and filing the antitrust applications and obtaining merger clearance for its acquisition of a Lafarge business unit in Tanzania.
  • Acting for Milicom International Cellular in connection with obtaining merger clearances from the Fair Competition Commission on its acquisition of an 85 percent stake in Zanzibar Telecom (Zantel) from Etisalat Group.
  • Acting for Atlas Mara, a financial services holding company, in connection with obtaining approval from the Fair Competition Commission on its acquisition of more than 50.1 percent shares in ABC Holdings, a pan-African financial services provider, and the entire issue of ADC African Development Corporation, a German listed holding company.
  • Acting for Cordura, in connection with obtaining approval from the Fair Competition Commission on its acquisition of Mikumi Wildlife Camp.

For More Information On A&K’s Competition Expertise, Please Geofrey Dimoso, Dominic Rebelo and Anne Kiunuhe.

*Matters predate A&K Tanzania