Asafo & Co. has extended its reach in Africa after concluding a partnership agreement with 70-lawyer Johannesburg-based firm, Lawtons Africa.
The international firm dedicated to Africa, Asafo & Co. has reached a significant milestone in its development with the deal. By joining forces, the firms can now offer clients a truly pan-African service, covering north, south, east and west Africa. This landmark tie-up comes at a difficult time in the continent’s history due to Covid-19 and lockdown regulations around the world and in various African countries, and will enhance mutual offerings to clients in an evolving fluid virtual world.
Asafo & Co. and Lawtons Africa’s clients will benefit from the teams’ pooled strengths in corporate/M&A, private equity, financing, projects, dispute resolution (litigation and arbitration), real estate, oil & gas, energy/power, anti-trust, and employment and the combination establishes an ideal platform to expand their highly regarded mining and projects practices in other key hubs in Southern Africa. The tie-up will also enable both teams to increase their influence in shaping the legal market across Africa, particularly in relation to banking and finance, corporate governance, compliance and regulatory issues, areas where both public and private sector heads regularly seek their expertise.
Shared dedication to the continent
Both firms’ shared dedication to the continent and meeting the challenges of Africa’s rapidly evolving economies, including intra-African trade and industrialisation, comes as a timely response to current market demands. Asafo & Co. and Lawtons Africa are amongst the few firms that bring together expert on the ground local advice with international expertise, resulting in high value-added solutions for their clients.
“This is a great opportunity for both of our firms to move forward. Asafo & Co. will benefit from expanded coverage in Johannesburg, Africa’s leading financial centre, and Lawtons Africa will also benefit from our Pan-African footprint in both French- and English-speaking Africa. The tie-up gives us the critical mass and momentum needed to expand into other key African jurisdictions, where we are currently scoping out opportunities,” adds Pascal Agboyibor, Managing Partner of Asafo & Co.
Asafo & Co.’s rapid expansion since it first started its activities in April 2019, reflects its ambitious vision to go beyond traditional law firm expertise. The firm aims to become Africa’s leading law firm by offering both its international experience and its understanding of the local environment. With this objective in mind, Asafo & Co. has, established five offices in the region; including in Mombasa, Johannesburg and Casablanca, in addition to their Paris office and has attracted more than 180 high-profile multilingual and multicultural attorneys and other professionals exclusively dedicated to the continent, added to Lawton’s 70 lawyers.