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Shearman & Sterling has been advising sponsors, commercial lenders, investment and development banks, governments and state-owned companies, funds and investors on a wide range of matters in jurisdictions throughout Africa. During this time, we have acquired an extensive knowledge and understanding of the cultural, political, social and commercial environment throughout the continent, as well as established close relationships with major corporates, financial organizations and leading local law firms.

Our multidisciplinary team of lawyers (including experts in project development and finance, international arbitration, M&A, private equity, capital-raising and investment transactions) have advised on a range of groundbreaking ‘first-in-kind’ or ‘first-in-country’ transactions and cases throughout Africa. Our clients benefit from our industry experience across the oil and gas (upstream, midstream and downstream activities), power, mining, telecom, domestic public utilities, transportation and infrastructure sectors.

Our lawyers are qualified in both common law and civil law jurisdictions and are very familiar with, and regularly advise on, commercial laws currently applied in over 17 African civil law countries. Regardless of the type of matter, we mobilize lawyers from our dedicated Africa practice into teams with the right experience to meet our clients’ needs.


Project Development and Finance

  • Lamu Power Plant, Kenya | ICBC, Bank of China, Sinosure, Standard Bank, AfDB and other commercial lenders and ECAs in connection with the 930 MW coal-fired power plant in Lamu county, Kenya
  • Angola LNG, Angola | Angola LNG on a $1.8 billion financing to fund the upgrade of the project in 2016. This transaction was awarded ‘Africa Oil & Gas Deal of the Year’ by the IJ Global Awards in 2017
  • Zambia Solar PV Project, Zambia | Standard Microgrid in relation to the development and financing of containerized solar PV/battery power generation units in Zambia through a local special-purpose vehicle
  • Fortuna LNG, Equatorial Guinea | ONE LNG on the development of the Fortuna floating liquefaction project in Equatorial Guinea, developed in conjunction with Ophir Energy and GEPetrol
  • Guinea Alumina Project, Republic of Guinea | Guinea Alumina Corporation (a joint venture between Mubadala Development Company and Dubai Aluminium) on the development of a $1.5 billion bauxite mine, alumina refinery and related infrastructure in the Republic of Guinea
  • Songo Songo, Tanzania International Finance Corporation | on a financing of the expansion of the Songo Songo gas field off the coast of Tanzania
  • Dorper Wind Farm, South Africa | The consortium, led by Sumitomo and Rainmaker, selected as preferred bidder by the South African Department of Energy for the development of the €140 million, 100 MW Dorper wind farm in South Africa. One of South Africa’s first wind farm projects to achieve financial close

International Arbitration

  • Energy and investor-State arbitrations, Egypt | Egyptian state-owned companies Egyptian Natural Gas Holding Company (EGAS) and Egyptian General Petroleum Corporation (EGPC), as well as the Arab Republic of Egypt, in four arbitrations arising from the termination of a gas supply agreement relating to the export of Egyptian gas to Israel. Over US$8 billion at stake
  • Construction arbitration, Regional | An African energy company in an ICC arbitration in Geneva brought by a European energy company and its African subsidiary. Dispute arising from an EPC contract for the construction of gas liquefaction facilities. Over €1.5 billion at stake
  • Energy arbitration, Regional | An African energy company in conciliation proceedings initiated by one of its joint venture partners. Dispute arising from a production-sharing agreement related to a gas and condensate field
  • Gas distribution infrastructure, Regional | A subsidiary of an African energy company as respondent in an ICC arbitration in Paris brought by a European contractor. Dispute related to an agreement for the construction of a gas distribution infrastructure
  • Construction Arbitration, Regional | An African energy company in an ICC arbitration in Paris initiated by a European construction contractor. Dispute arising from contract for the construction of oil and gas production facilities. Over $1 billion at stake


  • South Africa Solar Project, South Africa | China Africa Development Fund on the acquisition of equity interest in a solar power project in South Africa
  • Sibanya Gold Offering, South Africa | The underwriters, including Citigroup, HSBC, J.P. Morgan, Morgan Stanley and Rand Merchant Bank, as joint global coordinators on the $1 billion rights offering by Sibanye Gold Limited. This is the third-largest rights issue ever by a South African company and the largest-ever acquisition-related capital raise in South Africa
  • Edcon Restructuring, Regional | Absa/Barclays, Bank of America Merrill Lynch, Deutsche Bank and JP Morgan in the debt restructuring of the Edcon group. The transaction was awarded ‘Global Finance Deal of the Year: Insolvency and Restructuring (Africa)’ by the American Lawyer Awards 2017
  • Aviva Mining Acquisition, Kenya | African Barrick Gold on the acquisition of Aviva Mining (Kenya) Limited from Aviva Corporation Limited
  • African Minerals, Sierra Leone | The underwriters in connection with the proposed bond offering by African Minerals, a listed company with extractive operations in Sierra Leone
  • AngloGold Ashanti | on the:
    • acquisition of Moto Goldmines with Randgold Resources Limited;
    • sale of its 33.3% joint venture interest in Boddington Gold Mine to Newmont Mining Corporation; and
    • acquisition of Golden Cycle Gold Corporation
  • African Barrick Gold | African Barrick Gold in connection with its £2.3 billion IPO