Legal clarity for complex transactions

Ranked by Chambers, IFLR1000 and Legal 500. Advising private equity investors, fund managers and businesses across Africa.

Recognised across leading legal directories and business rankings

Chambers Global

Corporate/M&A, Band 4

IFLR 1000

Highly Regarded, Private Equity and M&A

The Legal 500 EMEA

Corporate, Commercial/M&A

Business Daily

Top 40 Under 40 Women

ABOUT

Led by a recognised and internationally-ranked private capital and corporate transactions lawyer

Martha Mbugua brings decades of experience across private equity, venture capital, M&A, fund transactions, debt, restructuring, and corporate commercial law. Her background spans globally ranked law firms, in-house legal departments, and her own boutique practice, advising local and foreign investors, funds, founders, companies, and institutions operating across Kenya and Africa.

Martha Mbugua is really meticulous, detail-oriented and thorough in her approach to documents and due diligence.”

CORPORATE/M&A

Chambers Global Guide

EXPERTISE

Specialist legal support for complex corporate and investment matters

We advise clients from early-stage structuring and legal due diligence through to documentation, negotiation, regulatory approvals, closing, pre and post-completion matters.

Our work spans sectors including financial services, agriculture and agribusiness, technology, telecommunications, renewable energy and manufacturing.

Private Equity & Venture Capital

Advising on venture capital, growth equity and private equity investments from structuring and due diligence through negotiation, completion and post-investment matters.

Private Equity & Venture Capital

Advising on venture capital, growth equity and private equity investments from structuring and due diligence through negotiation, completion and post-investment matters.

Mergers &
Acquisitions

Advising on acquisitions, disposals, mergers, joint ventures and corporate restructurings, including transaction structuring, due diligence, documentation, regulatory approvals and closing.

Mergers &
Acquisitions

Advising on acquisitions, disposals, mergers, joint ventures and corporate restructurings, including transaction structuring, due diligence, documentation, regulatory approvals and closing.

Funds & Investment Structures

Advising fund managers, investors and sponsors on fund formation, technical assistance facilities, subscription arrangements, side letters, carried interest structures, co-investment arrangements and related investment vehicles.

Debt & Structured Finance

Advising borrowers, lenders and investors on acquisition finance, development finance, secured lending, convertible instruments, debt restructurings, security arrangements, legal opinions and transaction execution.

Debt & Structured Finance

Advising borrowers, lenders and investors on acquisition finance, development finance, secured lending, convertible instruments, debt restructurings, security arrangements, legal opinions and transaction execution.

Corporate Structuring & Governance

Advising boards, shareholders and businesses on corporate governance, shareholder arrangements, restructurings, regulatory matters and strategic corporate transactions.

Corporate Structuring & Governance

Advising boards, shareholders and businesses on corporate governance, shareholder arrangements, restructurings, regulatory matters and strategic corporate transactions.

CLIENTELE

Who We Act For

Private Equity
Funds

Venture Capital Investors

Development Finance Institutions

Fund
Managers

Family
Offices

Growth Stage Companies

International Law
Firms

EXPERIENCE

Selected transaction
experience

Martha has advised on a wide range of private equity, debt, fund-to-fund, restructuring, M&A, and corporate transactions across Kenya and Africa.

PRIVATE EQUITY & VENTURE CAPITAL

Victory Farms - US$35 Million Series B Financing

Creadev International & Acumen Resilient Agriculture Fund

Advised Creadev International and Acumen Resilient Agriculture Fund on their investment in Victory Farms as part of a US$35 million Series B financing round, including legal due diligence, transaction document review, negotiation support and transaction execution.

BasiGo - US$24 Million Series A Financing

Confidential Investor Exit

INVESTMENT FUNDS & STRUCTURES

Moremi Technical Assistance Facility

Small Foundation Financing for Moremi Technical Assistance Facility

African Private Capital Fund Investment

Cross-Border Fund Investment Structure

DEBT & STRUCTURED FINANCE

AgDevCo - Victory Farms Financing

BasiGo - US$10 Million DFC Facility

BasiGo - US$5 Million BII Facility

AgDevCo & DOB Equity - Victory Farms Follow on Investment

PRIVATE EQUITY & VENTURE CAPITAL

Victory Farms - US$35 Million Series B Financing

Creadev International & Acumen Resilient Agriculture Fund

Advised Creadev International and Acumen Resilient Agriculture Fund on their investment in Victory Farms as part of a US$35 million Series B financing round, including legal due diligence, transaction document review, negotiation support and transaction execution.

BasiGo - US$24 Million Series A Financing

Confidential Investor Exit

INVESTMENT FUNDS & STRUCTURES

Moremi Technical Assistance Facility

Small Foundation Financing for Moremi Technical Assistance Facility

African Private Capital Fund Investment

Cross-Border Fund Investment Structure

DEBT & STRUCTURED FINANCE

AgDevCo - Victory Farms Financing

BasiGo - US$10 Million DFC Facility

BasiGo - US$5 Million BII Facility

AgDevCo & DOB Equity - Victory Farms Follow on Investment

CONTACT

Discuss your
transaction

For enquiries relating to private equity, venture capital, mergers and acquisitions, fund-to-fund transactions, debt, restructuring, or corporate commercial advisory, please get in touch.

Please do not send confidential information through this form until an engagement has been formally confirmed.

Martha Mbugua Law Office is operated by Martha Mbugua & Associates LLP, a law firm based in Nairobi, Kenya.

© 2026 Martha Mbugua Law Office. All rights reserved.

Martha Mbugua Law Office is operated by Martha Mbugua & Associates LLP, a law firm based in Nairobi, Kenya.

© 2026 Martha Mbugua Law Office. All rights reserved.