FIRM BRIEFINGSAFRICAN HUB COUNTRIESZAMBIACorpus <strong>Legal</strong> Practitioners2012 Firm OverviewHighlight clientsEMCO Energy Zambia, First Quantum MiningMost active disciplinesLitigation, company and commercial, M&A and joint-ventures,private equity and funds, banking, PPP/PFI, project finance,competition, EPC, employment, land, taxKey sectorsMining and metals, oil and gas, power, industry and manufacturingKey partnersCharles Mkokweza, Sharon SakuwahaCharles Mkokweza of Corpus <strong>Legal</strong> Practitioners is recommended bya number of clients in the energy and infrastructure fields. The firmhas deep experience in mining, oil and gas, power and infrastructureand has associations with Lex Africa and Dentons, as well as the WorldServices Group. The team boasts a long list of matters in oil and gas,power and hydropower on behalf of companies including BHP Billiton,Indeni Oil Refinery, Oando, Tullow, European Investment Bank (EIB)and the Development Bank of South Africa (DBSA).MattersThe firm worked with Indian firm ALMT <strong>Legal</strong> to provide legal assistanceto EMCO Energy Zambia in relation to the construction of acoal mine and 300MW thermal power station in southern Zambia.The firm also drafted agreements on the project. A team also acted forFirst Quantum Mining on the sale of its shares in an electricity substationand transfer of land rights. Charles Mkokweza, Sharon Sakuwahaand Mabvuto Sakala played leading roles.The firm also worked with Clifford Chance to support ABSA Capitalin its financing of a 300MW circulating fluidised bed coal-firedplant and with Allen & Overy to advise the lenders in the project forthe construction of the 120MW Itezhi-tezhi hydropower plant.ENERGY & INFRASTRUCTURE | SUB SAHARAN AFRICA 2013 67
AFRICAN HUB COUNTRIESLEADING FIRMS2nd Floor World Trade CentreIndependence AvenueAccra, GhanaP.O. Box 6274Accra-North, GhanaTel: +233 302 679222, 679231Fax: +233 302 669589Email: fugar@ghana.comWeb:www.fugarandcompany.com.ghKey contacts:William E. Fugar, Managing PartnerTel: +233 302 679 222Email: fugar@ghana.comLarry Otoo, Senior PartnerTel: +233 302 679 220Email: pmanager@fugarandco.comFirm profile:Established in 1977, Fugar & Company has maintained its reputationamongst leading full-service legal practices across Ghana. It focuses oncorporate and commercial law whilst possessing strong legal expertise inother diverse areas of law. The firms practice areas include project finance;mergers and acquisitions; corporate finance and securities; infrastructure;energy, natural resources, oil and gas: banking and finance; and disputeresolution.Acting both as Barristers and Solicitors, Fugar & Company is committedto a consistent policy of providing a high-quality, professional tailor-madeservice according to each client’s needs. The firm’s lawyers are recognizedas incredibly practical lawyers who get deals done diligently andefficiently.Practice areas:Corporate & Commercial, Corporate Finance and Securities, ProjectFinance, Mergers and Acquisitions, Infrastructure, Banking and Finance,Energy, Natural Resources, Oil and Gas, Dispute ResolutionPreviously acted as local counsel for: Allen & Overy, Clifford Chance,Herbert Smith Freehills LLP, Norton Rose, Slaughter & May, and White& Case LLP in cross-border transactions.Energy & Infrastructure practice profile:Company & Commercial division:Fugar & Company has an extensive practise in Company & Commerciallaw and provides a wide range of legal services to the business andfinancial sectors, including incorporation of businesses, establishment ofbranches, liaison and representative offices, negotiation and drafting ofvarious agreements including shareholders’ agreements, sale and purchaseagreements, management and technical service agreements, agency,distribution and licensing agreements. The Firm also provides legalservices in corporate restructuring, and the establishment of various typesof joint venture relationships and other forms of commercialcollaboration.Key transactional highlights:• Advised one of the largest- midstream companies in the US in aproposed joint venture with the Ghana National PetroleumCorporation to develop the Tano gas field and build power badges forthe production of electricity in the Western Region.• Advised a U.S. based Power Company on its joint venture with theVolta River Authority to develop a thermal plant to generate anddistribute electricity, as well as its exploration of the natural gasreserves in Ghana.• Advised Devon Oil in its acquisition of exploration rights offshore theRepublic of Ghana.Project Finance division:Project Finance has gained immense popularity in <strong>countries</strong> across Africadue to the reality that governments must turn to private sector capital inorder to finance ambitious projects that have the potential to propel theeconomies in these <strong>countries</strong>. The Firm has expertise in structuring anddocumentation of loan facilities of all kinds as well as related securitypackages. It has represented banking clients on a number of large andcomplex transactions and has been instrumental in handling diverse legalissues including dispute resolution pertaining to the banking and financialsector. The firm continues to play an important role in the developmentand evolution of project finance in Ghana’s natural resources, energy, andoil and gas industry.Key transactional highlights:• Advised a syndicate of lenders financing one of the major oilexploration and production companies presently involved inpetroleum operations in the Jubilee Field offshore Ghana.• Advised a syndicate of lenders who refinanced the financial obligationsof one of the major oil companies in the Petroleum Agreement withthe Government of Ghana and in the Unitisation Agreementpertaining to the Jubilee Oilfield offshore the Republic of Ghana.• Advising a syndicate of lenders on a US$329,000,000 financing forthe expansion of a Thermal Power Generating Plant, and gas firedthermal plant.• Advised a petroleum bulk distribution company in relation to itsUSD$ 130,000,000 trade finance facility for the procurement of crudeoil and petroleum products.Corporate division:Fugar & Company has over the years worked in a number of mergers &acquisitions transactions and has, through working with international lawfirms, gained vast experience and expertise in acting on complex, highvalue,cross-border work as well as a range of smaller transactions. TheFirm has over the years proven to be an excellent choice for mergers andacquisitions work bringing together international experience and localknowledge.Key transactional highlights:• Advised on the proposed Farm-In/ acquisition of a leading Norwegianoil and gas exploration company into a key partners interest in theDeep Water Tano license/block offshore Ghana• Advised a strategic investor on the potential acquisition of the GhanaGovernment’s 40% stake in Ghana Commercial Bank.68ENERGY & INFRASTRUCTURE | SUB SAHARAN AFRICA 2013
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