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Clifford Chance strengthens Africa Practice with hire of former Executive Director/General Counsel of Africa Finance Corporation
Source: Clifford Chance , Author: Posted by BI-ME staff
Posted: Mon May 6, 2019 2:50 pm

UAE. Clifford Chance is delighted to announce that Dr Adesegun A. Akin-Olugbade has joined the firm as an Of Counsel. Adesegun, a Recipient of National Honour of Officer of the Order of Niger (OON) by the Federal Republic of Nigeria (2012), joins Clifford Chance after working for more than 30 years at Africa's leading international finance institutions.

He served as an Executive Director, the Chief Operating Officer (COO), General Counsel and Corporate Secretary of Africa Finance Corporation (AFC) until December 2018 and prior to that he was the General Counsel & Senior Director at African Development Bank Group (AfDB). Whilst at the AfDB he was responsible for helping to establish African Export-Import Bank (Afreximbank), where he was the Chief Legal Officer.

Adesegun will work closely together with other members of the firm's Africa Practice, which is led by Regional Managing Partner, Anthony Giustini, to help grow our successful African business, by leveraging off his exceptional legal expertise and network across Africa. Africa is a strategic market for Clifford Chance as many of our clients are making significant investments in the region, focusing on key sectors including oil & gas, infrastructure, energy (conventional and renewable), PE, funds manufacturing and technology. 

With efforts to bring the African Continental Free Trade Area into effect, this will create one of the world's largest free trade blocs, creating a single market of 1.2 billion people, with a combined GDP of US$2.5 trillion. This will be an economic game changer for the continent and Clifford Chance is ideally placed to support local and multinational corporations and those entrepreneurs who are fuelling Africa's business revolution.

Anthony Giustini says: "We are truly excited that Adesegun has decided to join us. He is an outstanding lawyer, with a wealth of experience and has a stellar reputation across and beyond the African continent. We are convinced that he will play an integral role in helping us to further grow our market leading African practice."

Adesegun A. Akin-Olugbade says: "Over the last 30 years I have come to know all leading international law firms working on the African continent very well given that they all worked for the various institutions in which I held senior positions. Clifford Chance stands out as the market leader in Africa and is clearly very committed to the African continent. Its Africa strategy is incredibly well formulated, and the members of the firm's Africa Practice are deeply focused on realising success. It is with great pleasure and excitement that I am joining the firm."

About Clifford Chance
Clifford Chance has been active in Africa for over 40 years. Its Africa practice comprises over 200 Clifford Chance professionals across the globe, in particular in Paris, London, Casablanca, the United States, the Middle East, Germany, China and Australia. They are experts in their fields, working in close collaboration with six dedicated Africa regional teams and the top law firms in Africa.
 
We have advised on a number of recent headline deals in the Africa market in the last 18 months, including: 400 transactions of all types spanning 45 countries across Africa; 100 M&A and PE transactions across 30 countries; 130 lending and capital markets transactions across over 30 African countries for over US$20 billion; 110 project financings in more than 30 African countries for over US$16 billion; over 30 disputes across 20 African countries.
 
Our lawyers have multi-lingual capabilities and advise leading international and African corporates, banks and investors across all sectors. Members of the Africa practice have significant experience representing clients on M&A, corporate and commercial, litigation and arbitration, project development and finance, banking and capital markets matters. They are also involved in pro bono and wider legal industry development activities.

 

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