Experienced Project Finance Partner Returns to Bowmans

Experienced Project Finance Partner Returns to Bowmans

That experience includes project finance and banking transactions relating to infrastructure in the energy, oil and gas, and transport sectors, in Nigeria, Ghana, Kenya, Senegal, Angola, Zambia, Mali, Mozambique and Sierra Leone, among others. “Allen’s project finance, leveraged finance and foreign lending expertise in Sub-Saharan Africa will be of great value to Bowmans,” said Ezra Davids, who was appointed as firm chairman and senior partner in September last year, in a statement. His clients have included both lenders and developers, and Davids added praise for Leuta’s skills “particularly in the project finance space which is key for growth and development across the continent”.

He began his career as an associate with Bowmans, departing for the first of two spells with Allen & Overy, spending three years as an associate in London and Paris, before returning to the Magic Circle firm as a director in Johannesburg in 2015. In between, he spent five years with Standard Bank, rising to be head of legal for Africa. Allen Leuta joined the firm’s project finance practice to start the new year, after spending the past nine months as a consultant to the International Finance Corporation, the private investment arm of the World Bank Group.

Among his recent work was acting on the emergency Covid-19 funding provided to South Africa by the BRICS New Development Bank, African Development Bank and World Bank. A project development and finance lawyer has joined Bowmans’ Johannesburg office, returning to the firm where he began his career, bringing experience of international law firms and working in-house in the finance sector.

In September last year, the firm lost four banking and finance lawyers to Cliffe Dekker Hofmeyr, while in late 2021, CDH recruited a tax adviser and Hogan Lovells poached Pinsent Masons’ South African transactional head.

Also this week, Pinsent Masons hired a Johannesburg corporate crime and investigations partner from ENSafrica. The hire comes just a couple of months after Bowmans recruited two corporate and finance partners, one with in-house finance experience.

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