Ashish Banga

Law Update: Africa

This month we bring you a special focus on a continent that boasts the world’s largest free trade area, a diverse economic make-up and increasing political stability. The latest edition of Law Update focuses on Africa, a territory that continues to be an attractive business and investment destination.

Like the rest of the world, Africa is still re-building from the impact of COVID-19, however, there continues to be an optimistic view of the opportunities the continent presents. An example of the appetite for investment into Africa was captured in a report we commissioned, titled Legal Leaders in MENA. Our survey of legal leaders revealed a resounding desire to expand into new territories, with 81% naming Africa as their investment destination of choice.

Read the full edition

The leading law firm in the Middle East & North Africa region.

Ashish Banga

Senior Associate

Biography

Ashish Banga is Senior Associate in the Banking and Finance department at Al Tamimi & Company. He has experience in the area of banking and finance, particularly acting for banks and corporate borrowers in Asia Pacific including India and in the Middle East region for financing transactions.

Since joining Al Tamimi & Company, Ashish has been involved in wide areas of banking and finance in the Middle East including bi-lateral and syndicated lending transactions, guarantee and security documentation and trade financing documentation.

Recent Experience

Lenders in connection with 350 MW Sweihan PV IPP as UAE Counsel in 2017;
An Abu Dhabi based bank in connection with AED 420 million term loan facilities for development of hospitals in 2017;
A syndicate of Abu Dhabi banks in connection with AED 100 million facility for purchase of shares in a media and technology company in 2016;
An Abu Dhabi based bank in connection with AED 450 million facility for financing of a hotel in Dubai in 2016;
An India based bank for securing approximately AED 128 million financing for an Indian private school in Abu Dhabi in 2016; and
An Abu Dhabi based bank for a AED 600 million facility for a refinancing transaction of a hotel group in 2015.