Fiona Magona

Partner, Corporate Advisory

MMAKS Advocates

Fiona is a Partner in the MMAKS Corporate team with over 17 years’ experience in multi-jurisdictional commercial transactions cutting across corporate M&A, Private Equity, Energy, Mining and Natural Resources, Projects & Infrastructure, and general corporate commercial, regulatory and investment advisory.

She holds a LLM in commercial law from the University of Birmingham (United Kingdom), has previously worked with a top tier law firm in Johannesburg South Africa, and served placements at a former FTSE 100 mining company in Johannesburg, and also with Slaughter and May, a magic circle law firm in London.

Fiona is consistently ranked by leading global law firm directories as a highly regarded lawyer (IFLR1000), a recommended lawyer (Chambers Global), and leading lawyer (Legal500). Fiona has been described by Chambers and Partners as highly efficient, effective and customer oriented. She was nominated in 2019 for Best Female Lawyer Private Practice Uganda Law Society, Women in Law Awards. She provides legal and strategic commercial advice on cutting edge transactional work across sectors like telecom, broadcasting, insurance, education, banking, healthcare, manufacturing, gaming, mining and energy.

She has advised on deals such as Bujagali Hydro Power Project (the largest hydro power project in Uganda), Kampala Jinja Expressway (a public private partnership), the acquisition of leading financial institutions including but not limited to Orient Bank. Some of her clients include Scatec, Africa Rivers Fund and SN54. As well as advising Prudential PLC, a British multinational life insurance and financial services company headquartered in London, United Kingdom in connection with a proposed acquisition of a 73% stake in GenAfrica Asset Managers Ltd, a pension fund manager in Kenya, with a branch in Uganda. We were required to conduct a due diligence on the Ugandan branch and advise on the regulatory landscape for pension funds in Uganda, including approvals required for the transaction, the process, documents, timing and cost involved.