ADNA advised AFG Holding on the securing of a FCFA 49bn (c. USD 87m) credit facility from BADEA

This landmark financing will enable one of Francophone Africa’s leading financial groups to further strengthen its support for African SMEs, notably across the agriculture, manufacturing and infrastructure sectors and contributing directly to job creation and financial inclusion across the region.

The transaction was led by partner Sydney Domoraud, assisted by associates Salimata Sow, Sigismond Konan and Ségui Tanon.

ADNA has advised BUTEC on the financing of its 50W BOOT fast-track thermal power project in Burkina Faso by Banque Centrale Populaire – BCP.

Comprising two plants in key economic hubs Kaya and Koudougou, this strategic FCFA 26bn (EUR40m) investment will secure and strengthen the national electricity supply under a five-year PPA. Expected to be operational in Q1 2026, this milestone reflects continued private sector commitment to advancing energy access and infrastructural resilience across Francophone Africa.

The ADNA team advised on all legal aspects of the transaction, alongside CAPITAL OF AFRICA, led by Khalil Chyat as financial advisor. Partner Safia Fassi Fihri led the ADNA team, assisted by associates Salimata SOW and Abdellah BEZZAZ.

 

 

 

ADNA advises on two strategic development projects in Guinea

Leading francophone law firm ADNA continues to contribute to Guinea’s economic transformation, advising on landmark infrastructure projects in the Simandou corridor and beyond. Our Guinea team recently advised on two strategic growth projects :

  1. Agribusiness innovator GoGuinée on the negotiation and execution of an investment agreement with the Republic of Guinea for the implementation of a major agro-industrial project in the Simandou Corridor.
  2. Spanish renewables developer Promociones Inversolar on the negotiation and execution of a concession agreement with the Republic of Guinea and a PPA with Electricité de Guinée for the development of a 50MW solar plant in Donkeah.

These projects will help address food security and sustainable energy access for Guinea as part of its ambitious Simandou 2040 programme.

ADNA recently advised Coris Holding on its strategic partnership agreement with MCP alongside a consortium of European DFIs.

ADNA recently advised Coris Holding on its strategic partnership agreement with MCP Mediterrania Capital Partners, alongside a consortium of European DFIs including FMO, BII, BIO and Impact Fund Denmark.

This agreement involves an equity investment of EUR100 million (XOF 65 billion) by the consortium and marks a key milestone for the Coris Group. It will help accelerate its growth, strengthen its ability to support States and clients, and advance its mission to provide innovative, inclusive, and accessible financial solutions across African economies.

A transformative deal for a bold African financial leader — shaping the future and changing the narrative of African finance.

Partner Sydney Domoraud led the transaction, assisted by counsel Boubacar Diao and senior associate Julia Challoub.

ADNA has advised CDG Invest on the sale of its shares in Moroccan e-logistics leader Cathedis.

ADNA has advised CDG Invest (212 Founders), venture capital arm of the CDG Group, on the sale of its shares in Moroccan e-logistics leader Cathedis to Ora Technologies and Azur Innovation Management. CDG Invest’s early investment helped Cathedis scale its operations, expand its network, and strengthen Morocco’s digital delivery ecosystem. This transaction reflects the energy and ambition driving Morocco’s startup scene—and the collective effort shaping Africa’s innovation story.

Partner Safia Fassi-Fihri led the transaction, assisted by associate Dina Benjelloun.

ADNA advised Delta Air Lines on the launch of its first nonstop flight to Morocco

ADNA recently advised Delta Air Lines on the launch of its first nonstop flight to Morocco. This new Atlanta–Marrakech route will operate three times per week, opening news horizons for tourism, business, and cultural exchange between the USA and Morocco. Building on Delta’s existing Africa network, this pioneering connection comes in the runup to Marrakech co-hosting the FIFA World Cup 2030.

Partner Safia Fassi-Fihri led the transaction, assisted by associate Ghita Yazine.

ADNA has advised Codex as West African PE fund Adiwale Fund I acquires a minority stake in West Africa’s leading player in industrial lifting and logistics solutions.

Codex already operates more than 120 cranes, forklifts and other heavy logistics machines, serving clients in the energy and mining sectors amongst others. This investment will facilitate Codex’s growth and expansion into new regional markets in West Africa. The ADNA team advised Codex on all legal aspects of the transaction, led by partner Safia Fassi Fihri and assisted by counsel Boubacar DIAO and senior associate Sarah Rachedi. Genesis Capital acted as financial advisor, led by William Turkson.

Orphée Haddad, ADNA’s Head of Disputes, takes on the role of Co-Chair at AfricArb

Starting 15 October 2025, Orphée Haddad, ADNA’s Head of Disputes, will take on the role of Co-Chair at AfricArb.

An active community of arbitration practitioners, academics, and students, AfricArb is dedicated to promoting arbitration across the African continent. It serves as a forum for exchange and dialogue, a training hub on arbitration in Africa, and a think tank fostering reflection and discussion. The association also regularly organises events, including its annual conference at Paris Arbitration Week and its AfricArb Cafés.

Orphée will co-chair alongside Ledea Sawadogo Lewis, succeeding Thomas Kendra and Paul-Jean Le Cannu, who will be passing on the baton after the association’s founding by Athina Fouchard Papaefstratiou and Capucine Davy – du Pac de Marsoulies.

ADNA advises Cantor Real Estate and Ynexis Group on the new Toulouse Business School campus project in Casablanca

Leading francophone law firm ADNA has advised real estate leaders Cantor Real Estate and Ynexis Group on the development of this landmark project which strengthens the international footprint of one of Europe’s leading business schools. Located in the Casa Anfa district, it will welcome local and international students, offering globally recognized programs in management and international business.

The ADNA team advised Cantor Real Estate and Ynexis Group on all real estate and construction aspects of this significant development — from structuring and negotiating the off-plan lease, to overseeing the construction contracts and related documentation needed to bring this modern, future-proof educational hub to life over almost 3500m2. Partner Youssef Benamar led the team, assisted by associate Laila Harrouni Bouissane.

ADNA ranked in top 3 francophone Africa law firms by Africa Business+ Jeune Afrique

For the third year in a row, we are hugely grateful to Africa Business+ and Jeune Afrique for highlighting ADNA as one of the top 3 African law firms in its 2025 Legal Powerlist and singling out Safia Fassi Fihri, Salimatou Diallo and Youssef Benamar as among the most influential lawyers in Francophone Africa.

Thank you to our clients who trust and inspire us to raise the bar in everything we do and also to everyone at team ADNA who make these successes possible.