Herbert Smith Freehills has been named Project Finance Team of the Year at the IFLR Africa Awards 2021.
The firm also received recognition for its work on the Beitbridge border post modernisation project, which was named Project Finance Deal of the Year.
The Beitbridge project involves the expansion, upgrading and rehabilitation of the Zimbabwean side of the Beitbridge border post, under a 17-and-a-half-year concession granted by the Zimbabwean government to La Frontiere Group. The project also includes the procurement of technical equipment and software, undertaking the services during the concession period, as well as the non-core works.
Johannesburg based partner Brigette Baillie, who led the Herbert Smith Freehills team advising on the Beitbridge project, was the winner of the IFLR Women Dealmakers Hall of Fame award.
The IFLR Africa Awards recognise and celebrate the best-performing law firms and lawyers as well the most innovative deals of the year across the Africa region.
Nina Bowyer, partner and Africa co-head at Herbert Smith Freehills, says: “We are immensely proud of the ground-breaking work in Africa of our teams in Johannesburg and across our global network and would like to congratulate all involved on these outstanding achievements. I would also like to congratulate Brigette Baillie on her award. She is a true industry leader and it’s great to see Brigette receiving this recognition.”
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