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Paul Mbuga

Physical Address S&L Chambers, Plot 14 MacKinnon Road, Kampala Uganda Phone: +256 39 2202 030 Phone: +256 41 4233 063 Phone: +256 39 2250 013


Paul Mbuga is a commercial and infrastructure lawyer, and his core practice areas include corporate and commercial law (including M&A and private equity), capital markets (regulation and transactions), projects and infrastructure and regulatory compliance. Paul advises corporate, financial and infrastructure entities on a wide range of legal, regulatory and transactional matters, working with in-house counsel, within the business operation and as local counsel.

Professional Qualifications

  • Advocate admitted to the High Court of Uganda.


  • University of Birmingham: Master of Laws (International Commercial Law).
  • Makerere University: Bachelor of Laws.
  • Law Development Centre: Post-Graduate Diploma in Legal Practice (bar qualification).


  • Member of the East African Law Society.
  • Member of the Uganda Law Society.


Experience has included advising:

  • MTN Uganda for its USD150 million initial public offer – the first telecommunications sector public offer in Uganda; the largest ever public offer in the history of the Ugandan capital markets; the first public offer to utilise digital channels (including mobile money) and the largest public offer in Africa in 2021.
  • TotalEnergies Marketing on its USD91 million downstream petroleum company amalgamation with Gulf Africa Petroleum.
  • Stanbic Bank and Centenary Bank on a corporate reorganisation by which the banks altered their corporate structure by creating a holding company [Stanbic Uganda Holdings and Centenary Group respectively] and transferring the banking business undertaking to new banking subsidiaries.
  • The lenders, led by the International Finance Corporation and African Development Bank as mandated lead arrangers, for the USD403 million project re-financing of the 250 MW Bujagali II hydro power dam.
  • Trade and Development Bank for a USD20 million development financing in connection with the development of Uganda’s first-ever oil refinery.
  • AMEA Power for the establishment of a 20MW solar power facility, including special-case licensing approvals and project financing.

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S&L Chambers, Plot 14 MacKinnon Road, Kampala Uganda