Mr. Duncan is a key partner in the corporate and commercial department, having gained massive experiences in handling various corporate assignments. He has been instrumental is profiling the firm’s commercial & corporate practice. His knowledge and skills on commercial laws has been recognized nationally and internationally. In 2012 Mr. Deusdedith Mayomba Duncan, recognized and received an award as the leading lawyer in Tanzania by the International Financial Law Review (IFLR) – a leading financial and corporate law publication.
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Bachelor of Laws (LL.B. Hons) – University of Dar es Salaam (Tanzania, 1996); |
Advocate of the High Court of Tanzania and Courts subordinate thereto. |
Mr. Duncan’s career with FK Law Chambers is one of the success stories the firm has over the past decade. Through his leadership of the Commercial and Corporate department, the firm has shown the strongest banking and finance capabilities. Among the notable mandates the firm has had under Mr. Duncan’s leadership of the department, include: engagement by the National Bank of Commerce (part of the Absa Bank Group) and regular mandates from Standard Chartered Bank (T) Limited. Mr. Duncan has led on all the firm’s corporate and finance transactions, including: advising Mtibwa Sugar on a $47 million financing from the Industrial Development Corporation of South Africa, which was completed in June 2011; and Kagera Sugar on financing of $25 million from Stanbic Bank Tanzania in July 2011. In the latter transaction, Stanbic was acting as agent for seven other banks and financial institutions, the latter being a syndicated loan guaranteed by the government of Tanzania.
In other transactions, the firm through Mr. Duncan had acted as counsel to Standard Chartered Bank Tanzania as agent on a $75 million loan to telecommunications company, Airtel Tanzania, which was guaranteed by Airtel’s parent company Bharti Group. The firm had also advised the project developer on financing of $185 million for the development of a new sugar plant in Tanzania. The deal involved negotiations between Exim Bank of China and the government of Tanzania as borrower, which would then on-lend the money to the project company. Mr. Duncan advises and acts for corporate and non-corporate as well as multinationals in the manufacturing, telecommunications, tourism, aviation, hospitality, financial, construction and transportation sectors.