Penelope Nassozi

Penelope Nassozi is an Associate at KATS in the Corporate & Commercial department, focusing on Mergers and Acquisitions. She routinely advises clients on a broad spectrum of corporate and commercial legal issues.

She has provided practical advice to domestic, regional and international clients on commercial transactions and regulatory issues cutting across practice areas including mergers & acquisitions, technology, media & telecommunications, banking & finance and other regulatory matters. She also provides general corporate advisory to the firm’s corporate clients on potential legal risks and regulatory compliance.

Her representative transactions include advising Africa Finance Corporation, a public-private partnership, in connection with its debt financing of up to US$100 million to Mahathi Infra Uganda Ltd and acquisition of a 27% equity interest in the company; advising CFAO SAS in connection with its investment in Africa Chemist & Beauty Care Inc.’s subsidiary in Uganda; advising Olea Insurance Solutions Africa in connection with the acquisition of the majority shareholding in Ballpack Insurance Group Limited; and advising a Japan-based company operating across 20 offices worldwide on the regulatory and licensing aspects of its potential acquisition of a majority stake in a Ugandan insurance company.

She has also represented various individual, local and international clients in diverse sale and purchase transactions through due diligence, negotiation of sale agreements, and completion and registration formalities, and has advised clients on local competition law issues related to mergers & acquisitions. In addition, she advised Airtel Uganda on its successful listing on the Uganda Securities Exchange, and has advised on employment matters, private commercial agreements, private equity investments, entity registration, corporate restructuring, and the perfection of securities for banks including Equity Bank, dfcu Bank and Bank of Uganda.

Penelope holds an LLB with Honours from Makerere University (2019) and a Diploma in Legal Practice from the Law Development Centre (2020).