Banking and finance in Algeria

ADNA

ADNA is renowned among national and international corporates, financial institutions and government bodies for assisting on investments in Algeria and the wider MENA region. As well as conventional acquisition and project finance and bond issues, the practice also offers notable expertise in Islamic finance transactions. Practice head Foued Bourabiat regularly assists international companies, investors and credit institutions with cross-border investments and financings. In addition to an established strength in the oil and gas, mining and water industries, areas such as transportation, communications and renewable energies are sectors of recent growth for the firm.

Responsables de la pratique:

Foued Bourabiat


Les références

‘Capable of talking about banking and finance practice in Algeria and understanding the constraints of a modern practice and latest trends. It is a pleasure to talk with a counsel understanding the usual issues in banking and finance transactions. The team is available at all times and offers international firm standard of service.’

‘Foued is trained in the best international firms and he has maintained this level of service and culture of service which makes him stand out in the market.’

Principaux clients

Air Products


BNP Paribas


Emerging Capital Partners


The Carlyle Group


DP World


Edison


Development Partners International (DPI)


Fruital (Coca-Cola)


Cevital


Occidental Petroleum


International Finance Corporation (IFC)


Honaine/Aguas de Skikda (Abengoa)


Myah Bahr


Danieli


FMO


OPIC (now DFC)


Samsung C&T


Suez


Jamjoom Pharmaceuticals


Numidis


Neptune Energy


Procter & Gamble


CVC Capital Partners


China Investment Corporation


Nestlé


Azadea


Fruital (Coca-Cola)


Volotea


Airbus


Oracle


Geodis


Lenovo


Jotun SAS


Lactalis


Al Ghurair Group


British Arab Bank


Principaux dossiers


Bennani & Associés LLP

Independent firm Bennani & Associés LLP has a proven track record acting for foreign banks and international financial institutions in relation to credit transactions, finance restructuring and establishing security interests. The firm also continues to consolidate its reputation among leading payment-processing and other fintech companies, with practice head Mourad Seghir acting for a number of international powerhouses, including PayPal and GooglePay. Recently promoted to counsel, Mohamed Debbouche is active in a range of transactional finance matters.

Responsables de la pratique:

Mourad Seghir


Autres avocats clés:

Mohammed Debbouche


Principaux clients

American Express


FacebookPay


GooglePay


Islamic Development Bank


Kuaishou


Mastercard


PayPal


Toshiba


Principaux dossiers


  • Assisted Islamic Development Bank in the review of the potential $50m financing of strategic Algerian projects and its feasibility under foreign lending rules in Algeria.
  • Assisted Toshiba in the context of the disposal of Toshiba Transmission & Distribution Europe to Mutares by advising on the change of project counter-guarantor banks.
  • Assisting American Express and Mastercard, respectively, in relation to payment services matters in Algeria and regulatory compliance across Africa.