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Baker McKenzie Cairo has acted as lead legal counsel to The Arab Energy Fund on its strategic investment in Tagaddod, the tech-powered biofuel feedstocks platform operating across Africa, Asia and Europe. The investment was made through Series A funding round led by The Arab Energy Fund (TAEF) and included FMO, VKAV and A15.

The transaction marks a key milestone in The Arab Energy Fund’s commitment to advancing innovative and sustainable solutions in the energy and environmental sectors. The deal was successfully completed in September 2025.

Leading the transaction, Hani Nassef, Partner and Head of M&A at Baker McKenzie Cairo, commented: “We are proud to have supported The Arab Energy Fund on this impactful investment that aligns with their regional sustainability goals. By bringing together our teams in Cairo, Riyadh and Amsterdam, we were able to deliver strategic, coordinated advice that supported our client’s objectives and ensured a smooth execution”.

Baker McKenzie Cairo provided comprehensive legal counsel across all stages of the transaction, including deal structuring, regulatory advisory and closing. The team was led by Hani Nassef, with key support from Bassem Abdelrahman and Hala Mohamed, and was part of a cross-border team that included colleagues from Baker McKenzie’s Saudi Arabia office including Karim Nassar and Rami Younes as well as the Dutch offices, including Koen Bos, Suzanne van Balen and Hein Blaauwendraad, reflecting the firm’s integrated global approach to complex transactions.

This transaction is a great example of our distinguished cross-border capabilities in M&A mandates, reflecting the consistent quality of work delivered by Baker McKenzie in the M&A domain.