AFRICAN HUB COUNTRIES FIRM BRIEFINGS
Matters The firm, led by Albert Mumma, was retained by the Energy Regula- tory Commission to assist in drafting regulations for the downstream petroleum sector and electricity sector and also advised the Rural Elec- trification Authority on the development regulations. In a large PPP project, the office was supporting the Government
of Kenya and IFC on the $264 million Kenya-Uganda railways con- cession. The firm was working with Wragge & Co on the latter project. Mumma also represented SBI in arbitration in a dispute related to levies on a road construction project.
Walker Kontos Advocates
2012 Firm Overview Highlight clients
Athi River Mining, BG International, African Development Bank
Most active disciplines Arbitration, litigation, company and commercial, M&A and joint- ventures, private equity and funds, corporate restructuring, banking, project finance (energy, resources and infrastructure)
Key sectors Oil and gas, power, renewable energy
Key partners Michael Kontos, Deepen Shah
Walker Kontos is one of the go-to firms in Kenya for energy work and boasts having acted on the majority of project finance transactions in the Kenyan energy sector that have taken place in the past two years. The team has represented a raft of lenders and sponsors in both the traditional and the renewable energy space. On the infrastructure side it has also recently been working for development finance institutions in relation to a significant Kenya-Uganda railway concession. Michael Kontos and Deepen Shah lead the practice. “We have
worked with Michael on three financings and he is excellent, we like him a lot and Deepen Shah is also excellent and very switched on”. Commentators note that the firm is popular with banks and strong in telecoms, energy, wind and geothermal matters. Matters The firm, led by Michael Kontos, worked alongside international
counsel to advise OPIC for project financing in the refinancing and expansion of the Olkaria III geothermal power plant; a deal worth $310 million. Similarly, the firm acted as local counsel to the IFC and a con- sortium of bank on financing for the development of the Thika Power HFO diesel power plant. Another project for the IFC saw the firm advise the IFC and OPEC
Fund in relation to an 80.32MW HFO diesel power plant on the Athi River, to be constructed by Gulf Power.
MAURITIUS Appleby
2012 Firm Overview Highlight clients
Shell Mauritius, BNP Paribas, Standard Chartered Bank, First City Monument Bank Nigeria (UK subsidiary)
Most active disciplines
Company and commercial, private equity and funds, corporate restructuring, asset finance, banking, project finance,
Key sectors Mining and metals, oil and gas, power
Kay partners Malcolm Moller, Gilbert Noel
Appleby has offices in all the off shore financial centers including Mau- ritius, where it opened in 2007. The office plays a key role on African energy and infrastructure deals and in a recent example played a part in the $600 million Seacom fibre-optic project, a 15,000km cable con- necting South Africa to India, where it advised the Emerging Africa Infrastructure Fund (EAIF). Appleby’s key areas are in registering and financing ships and aircraft,
international projects, asset and equipment finance and assisting on joint-ventures and other structures.
Matters Gilbert Noel led a team to support Allen & Overy on the $1 billion restructuring of Shell. The office handled Mauritian legal and finance aspects and also advised Shell Mauritius, the locally listed subsidiary, on the sale of 75% of its issued share capital to joint venture Vivo En- ergy (Helios, Vitol and Shell). Malcolm Moller led a team to advise BNP Paribas and a group of
banks on a $20 million increase to an existing $155 million facility to Puma Energy to finance its acquisition BP’s downstream business in Southern and East Africa. The office also advised a syndicate of banks including Standard Chartered Bank on a facility to MTN Zambia and helped Addleshaw Goddard advise the UK subsidiary of First City Monument Bank on a $10 million loan for the acquisition of construc- tion and mining equipment.
Uteem Chambers
2012 Firm Overview Cross-border matters
Kenya, Madagascar, Nigeria, South Africa, Uganda
Highlight clients ICICI Bank, GuarantCo, 8 Mile Fund
Most active disciplines Arbitration, company and commercial, private equity and funds, corporate restructuring, asset finance, banking, capital markets, project finance (infrastructure), competition, tax
Key sectors
Mining and metals, oil and gas, power, airports and aviation, ports and shipping, social infrastructure
Key partners Muhammad Uteem, Soo Fon Ip Min Wan
Uteem Chambers is a clear leader in Mauritius and covers all aspects of energy and infrastructure projects from financing, corporate and dis- putes to EPC, employment, tax and competition. Muhammad Uteem manages the firm, which is experienced in shipping and aviation mat-
62 ENERGY & INFRASTRUCTURE | SUB SAHARAN AFRICA 2013
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