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26 Nov 2019

Stephenson Harwood advises Orange on the sale of Orange Niger to Zamani Com S.A.S.

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Stephenson Harwood advised Orange Middle East and Africa SA (OMEA), Orange's subsidiary for Middle East and Africa, in connection with the sale of Orange Niger to Zamani Com S.A.S.

OMEA completed the sale of its entire 95.5% stake in Orange Niger, pursuant to the agreement signed in August 2019 between OMEA and the minority shareholders of Orange Niger SA, and following the approval of the transaction by the relevant authorities. Zamani Com S.A.S, the purchaser of these shares, is wholly owned by Rimbo Invest, a holding company owned by Mohamed Rissa, and Greenline Communications, a company owned by Moctar Thiam - both of which until then were minority shareholders of Orange Niger.

The company’s services will continue to be marketed under the Orange brand during a transition period.

“This complex transaction illustrates the firm's ability to support leading international groups in their strategic operations, particularly in the telecoms sector in which the team has developed a strong expertise,” said Guillaume Briant, partner, Stephenson Harwood. “This transaction also confirms the firm's expertise in large-scale M&A transactions involving the African continent.”

The Stephenson Harwood team was led by corporate partner Guillaume Briant, who was assisted by associates Boubacar Diao and Doriane Al Masri.

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Guillaume Briant

Guillaume Briant
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