New to the ranking, Olaniwun Ajayi (UK) LLP specialises in projects in Africa, and advises DFIs, national and international oil companies, banks, multilateral lenders, sponsors, and developers. The work of lead partners Gabriel Onagoruwa and Chuks Ibechukwu spans project financings, structured finance, investments, and acquisitions in the power, renewables, oil and gas, petrochemicals, mining, and real estate sectors.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘I have had the pleasure of working with Olaniwun Ajayi (UK) LLP on recent complex transactions and a unique feature of the firm is that it is currently the only international law firm capable of providing an integrated offering for cross-border financings across the UK, Nigeria and OHADA region.'

  • ‘Dr. Gabriel Onagoruwa is a standout all star partner at the firm. His star performance on the acquisition transaction readily comes to mind. He is a real life expression of the phrase "the future is now". His approach to negotiations and deal management is refreshing, and he is able to navigate the most complex issues.’

  • ‘Olaniwan Ajayi (UK) LLP is an international best-of-class law firm in its emerging market law practice in every possible way, including in global financial transactions.’

  • ‘Dr. Gabriel Onagoruwa is a highly skilled attorney with in-depth expertise and comprehensive knowledge of the law, including the latest legal developments, precedents, and regulations. He offers valuable advice, formulates effective strategies, and addresses complex legal issues.'

  • ‘Excellent service delivery, in-depth technical knowledge, a fusion of practical knowledge of local context and international legal expertise, trusted legal advisor of choice for African financings.’

  • ‘Dr. Gabriel Onagoruwa’s negotiation and deal closing skills and expertise must be specially commended. He is an excellent technical and commercial lawyer. I am at peace as soon as he joins the calls for meetings.’

  • 'The firm possesses an in-depth understanding of both legal and non-legal issues across various African jurisdictions. Their knowledge extends beyond mere legal frameworks to include cultural, economic, and political insights, which are crucial for navigating the complex landscapes of African markets.'
  • 'In comparison to other firms, Olaniwun Ajayi (UK) LLP consistently demonstrates a unique ability to bridge the gap between African local contexts and international legal standards. Their approach is client-centric, innovative, and deeply rooted in a thorough understanding of the African continent's diverse legal landscapes.'

Key clients

  • NNPC Limited
  • Africa Finance Corporation
  • BUA Group
  • Sahara Energy
  • Zenith Bank Plc
  • African Development Bank

Work highlights

  • Advised NNPC Ltd on a groundbreaking royalty oil and tax oil backed USD 3.3 billion secured structured finance facility.
  • Advised BUA Group on its investment package from International Finance Corporation (IFC), African Development Bank (AfDB), Africa Finance Corporation (AFC), Deutsche Investitions- und Entwicklungsgesellschaft (DEG) for the expansion of BUA's Kalambaina Sokoto Plant in Northwest Nigeria.
  • Advised AFC in facilitating the acquisition of 100% of the shares in Pecan Energies AS (formerly Aker Energy AS) from Aker Capital AS and The Resource Group TRG AS by AFC Equity Investment Ltd, a subsidiary of Africa Finance Corporation (AFC).

Practice head

The lawyer(s) leading their teams.

Gabriel Onagoruwa, Chuks Ibechukwu