A distressed business needs quick and expert restructuring support. We assist companies facing financial problems by providing a broad number of restructuring solutions designed to build a platform for swift recovery and sustained success.

We work with distressed businesses by assisting them with all restructuring-related matters. Our expertise includes:

      • advising on all aspects of formal restructuring procedures such as business rescue, liquidations and schemes of compromise;
      • advising on contingency planning;
      • a​dvising on standstill and forbearance arrangements;
      • providing assistance with formulating innovative work-out strategies including advising on the capital structure and participants;
      • advising on debt restructuring eg general structuring, debt refinancing, debt extensions and covenant resets, as well as debt for equity swaps including multi-tier debt transactions, security package diligence procedures and design and inter- and intra-class intercreditor arrangements;
      • advising on public and private equity capital raising and restructuring;
      • advising on distressed merger and acquisition-related deals;
      • advising on capital recovery and enforcement procedures; and
      • advising on directors’ duties during periods of financial distress and restructurings.

Key Contacts


Afrilex Associates
P: +255 22 292 3571
T: +255 758 452 355
E: info@afrilex.co.tz
Tanzanite Park
8th Floor, Wing B
Plot No. 38 South Ursino St
New Bagamoyo Road, Dar es Salaam


Afrilex Associates is a modern regional law firm with presence in Tanzania, Zanzibar and Rwanda. Its team of Partners, Advocates and Associates has unrivalled experience of working with multi-national companies, public companies and private persons within and outside the East African region.

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