Deevabits Green Energy (DGE)
Deevabits Green Energy (DGE)
Our team advised Deevabits Green Energy on the financial facilities it received from SIMA.
We reviewed the facility agreement and advised them on the structure of the financing.
This deal is significant because Deevabits is a social enterprise that distributes solar products to off-grid rural areas in Kenya using last-mile distribution approach.
You might also be interested in
![](/export/sites/cdh/images/news-thumbnails/finance-banking-01.jpg)
21 Jun 2024
by Retha Beerman, Kirsty de Sousa, Stephanie Goncalves and Calinka Murray
Empowering women in legal support roles: Episode 1
Join CDH Conversations for a three-part series on " Empowering women in legal support roles".
Firm News
24:39 Minutes
![](/export/sites/cdh/images/news-thumbnails/competition-02.jpg)
22 May 2024
by Sammy Ndolo, Brian Muchiri and Brandon Otieno
Streamlining enforcement: Key insights into the Competition Authority of Kenya’s Consolidated Administrative Remedies and Settlement Guidelines, 2023
The Competition Authority of Kenya (CAK) has taken a significant step towards enhanced transparency and efficiency with the recent publication of the Consolidated Administrative Remedies and Settlement Guidelines, 2023 (Guidelines). This move underscores a commitment to streamlined enforcement processes and predictable outcomes for businesses operating in Kenya.
Competition Law
3 min read
![](/export/sites/cdh/images/news-thumbnails/tax-law-03.jpg)
21 Feb 2024
by Howmera Parak
Amendments to provisions on third-party backed shares
Both sections 8E and 8EA of the ITA are anti-avoidance provisions which effectively deem any dividends received on certain instruments to be income in the hands of the recipient unless, under certain circumstances, the shares were issued for or applied for a “ qualifying purpose ”.
3 min read
![](/export/sites/cdh/images/news-thumbnails/tax-06.jpg)
8 Dec 2023
by Alex Kanyi and Billy Oloo
An overview of the High Court's decision on the Finance Act, 2023: Was it just about the housing levy?
The Finance Bill, 2023 (Finance Bill) was passed by the National Assembly on 23 June 2023 and subsequently assented to by the President on 26 June 2023 thereby making it law, as the Finance Act, 2023 (Finance Act).
Tax & Exchange Control
9 min read
![](/export/sites/cdh/images/news-thumbnails/tax-06.jpg)
20 Jul 2023
by Puleng Mothabeng
In the spirit of Mandela Day, it’s never too late to give back, especially when there is no tax payable – Bursaries and BPR 389
Former President Nelson Mandela once said, “ Education is the most powerful weapon which you can use to change the world .”
Tax & Exchange Control
7 min read
![](/export/sites/cdh/images/news-thumbnails/tax-05.jpg)
22 Mar 2024
by Alex Kanyi and Mike Ogutu
An analysis of the Affordable Housing Act, 2024: Will this act survive the legal onslaught?
After what may seem like an eternal wait for the Government, the President finally put pen to paper on the Affordable Housing Bill, 2023 (Bill) to enact it into law on 19 March 2024. The Affordable Housing Act, 2024 (Act) is intended to cure the pitfalls that were raised by the High Court in the case of Okiya Omtatah Okoiti and 51 Others v The Cabinet Secretary for the National Treasury and Planning and Six Others, Constitutional Petition No. E181 of 2023.
Tax & Exchange Control
10 min read