International firms advised multinational clients on large M&A transactions in May as well as working on funding deals in Mozambique, Kenya, Egypt, South Africa and Tanzania.

Baker McKenzie and Portuguese law firm PLMJ are advising Abu Dhabi National Oil Company (ADNOC) on a $1.1 billion deal with Lisbon-based multinational Galp Energia that will see ADNOC enter the upstream oil and gas sector in Mozambique.

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