In the wake of its South African counterpart’s success, Cliffe Dekker Hofmeyr (CDH) Kenya has achieved top-tier recognition in the East Africa Awards, securing impressive rankings including:
- 2nd place in East Africa M&A Deal Flow.
- 2nd place in East Africa General Corporate Finance Deal Flow (shared).
- 2nd place in Pan African M&A Deal Flow (shared).
These accolades serve as a testament to our exceptional performance within the African M&A landscape, reaffirming CDH’s position as the preferred legal advisor for M&A deals among listed clients in the South African market. This recognition has been consistent, with CDH holding this esteemed position for 14 out of the last 15 years, as highlighted by the 2024 ANSARADA DealMakers Awards.
Reflecting on CDH Kenya’s remarkable achievement, Managing Partner Sammy Ndolo commented, “Our recent triumphs at the DealMakers AFRICA awards underscore the firm’s expertise, efficiency, and adeptness in navigating complex deals. It also showcases clients’ acknowledgment of our value proposition as their trusted legal partner across numerous M&A matters.”
Ndolo expressed optimism about the firm’s prospects in the coming year, stating, “As a pan-African practice, we understand the pivotal role M&A plays in driving economic growth and instilling investor confidence across the continent, especially in East and West Africa. Our presence at the 2024 DealMakers AFRICA Awards Gala underscores our commitment to advancing our clients’ strategic interests and facilitating business transactions across Africa.”
Highlighting the firm’s dedication to excellence, CEO Brent Williams remarked, “Our success at DealMakers Africa underscores our steadfast commitment to delivering value to our clients. Leveraging our extensive experience in cross-border deals, we adeptly anticipate challenges and mitigate risks, further solidifying our reputation as premier corporate legal advisors in the market.”
Looking ahead, Williams expressed confidence in CDH Kenya’s ability to navigate the evolving M&A landscape across Africa. “We are well-positioned to capitalize on emerging opportunities and overcome challenges as we move forward. I am confident that next year’s DealMakers Africa event will be another occasion for celebration,” he concluded.
Additional insights reveal that the total deal activity in Africa for 2023, as reported by DealMakers AFRICA, amounted to US$11.2 billion, marking a 36% decline from 2022 and a 28% decrease from pre-COVID levels in 2019. Notably, East Africa led in deal activity with 144 recorded deals, followed by West Africa with 136 deals, and North Africa with 107. Kenya and Nigeria stood out with the highest number of deals, recording 95 and 82 respectively.
