Global law firm Ashurst Perkins Coie has advised on a landmark USD 100 million trade finance facility agreement between the Arab Bank for Economic Development in Africa (BADEA) and the Government of the Republic of The Gambia.
The agreement represents a significant milestone in the partnership between BADEA and the Government of the Republic of The Gambia, underscoring the Bank’s ongoing commitment to expanding its financing instruments and supporting sustainable development across the African continent.
The Ashurst Perkins Coie team was led by partner Clint Dempsey, supported by senior associate Pronnoy Sengupta.
Commenting on the transaction, Clint said, “This transaction reflects the vital role that BADEA plays in supporting economic growth across Africa. It was a privilege to work alongside both parties on closing this deal, and we look forward to seeing the positive impact the facility has.”
