Representative Africa Experience

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Our Africa work includes:

  • Representing global telecoms operator VEON Ltd. in relation to the $2.6 billion disposal by its Egyptian-listed subsidiary Global Telecom Holding (GTH) of a 51 percent stake in Orascom Telecom Algérie, the leading Algerian mobile telecommunication operator to the Algerian National Investment Fund
  • Advising Helios on the raising of its third flagship pan-African fund, which closed at its $1.1 billion cap, making it the largest Africa-focused private equity fund raised to date
  • Advising LUKOIL in its agreement to acquire a 25 percent interest in the Marine XII license in the Republic of Congo from New Age M12 Holdings Limited for $800 million
  • Advising Actis on its acquisition of a majority stake in the groundbreaking 450MW Azura-Edo IPP, Nigeria
  • Representing VEON Ltd. in its combination with WIND TELECOM S.p.A. (formerly Weather Investments S.p.A.) - a transaction valued at $25.7 billion involving 20 jurisdictions. This acquisition created the world’s sixth-largest mobile telecommunications carrier by subscribers with 181 million mobile subscribers as of December 31, 2010
  • Representing Guinea Alumina Corporation (GAC), a wholly owned subsidiary of Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside of the oil and gas sector, in connection with the Republic of Guinea’s largest-ever project financing for a greenfield mining project. The $1.6 billion deal represents a step forward for EGA’s bauxite mining project and for Guinea’s economy
  • Advising the ad hoc committee of bondholders on the financial difficulties of African Minerals Limited, a minerals exploration, development and mining company with significant interests in Sierra Leone
  • Advising the ad hoc group of bondholders and noteholders on the financial restructuring of Afren Plc, a FTSE 250 company with assets throughout Africa and the Middle East
  • Representing Chariot Oil & Gas (Chariot) wholly-owned subsidiary, on two partial sales and combined joint venture/farm-out agreements on Chariot’s significant acreage holdings in Namibia:
    • with Petroleum Geo Services ASA (PGS) whereby PGS acquired a 10% interest in Chariot’s central blocks in offshore Namibia; and
    • with BP Plc whereby BP acquired a 50% share of Chariot’s equity interest in a block in offshore Namibia and involving negotiations with Petrobras which also own an interest in the Block
  • Serving as legal counsel to Emerging Capital Partners (ECP), the first private equity group to raise more than $1.8 billion for investment in companies across the African continent, in its majority-stake investment in Java House Nairobi, Kenya’s leading café and casual dining restaurant operator. This transaction is the first private equity transaction in the restaurant sector in East Africa.

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