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International Edition

Eversheds wins role on Uganda's $2.5bn oil refinery project

Eversheds has scored the lead role advising the Ugandan government on securing a lead investor for the country's first oil refinery, estimated to be worth $2.5bn (£1.6bn). The government is seeking an investor or consortium to take a 60% stake in the facility, which is intended to improve energy security in Uganda and East Africa and proposed to have a capacity of 60,000 barrels per day.
2 minute read

International Edition

Pharoah leads for Slaughters on Thomas Cook's Egyptian sell-off

Slaughter and May and Trowers & Hamlins have won the lead role advising Thomas Cook on the travel company's sale ofr tis Egyptian and Lebanese operations to business group Yusuf Bin Ahmed Kanoo. M&A corporate partner Tim Pharoah led the team advising longstanding client Thomas Cook Group on the deal, while Trowers corporate partner Tony Poole headed up the team representing the buyer.
2 minute read

International Edition

Hogan Lovells, Reed Smith lead Islamic ship financing

Hogan Lovells and Reed Smith have acted on Barwa Bank's $125m (£78m) Islamic facility made available to UAE-based shipping company Topaz Energy and Marine. The facility will finance 12 of Topaz's ships operating in the Persian Gulf and the Caspian Sea. It has two separate structures: a $110m (£68.2m) scheme for 10 existing vessels; and a $15m (£9.3m) deal for the purchase of two vessels under construction.
2 minute read

International Edition

Eversheds sets sights on African expansion

Eversheds has set out a strategy to open five bases across the African continent, which would see the firm reopen in South Africa. The firm confirmed it is in talks to set up bases in Tunisia, Morocco, Ghana and Kenya over coming months, as well as move back to South Africa after the firm split with its practice in the jurisdiction earlier this year over client conflicts.
2 minute read

International Edition

UK duo take top roles on creation of world's biggest solar power plant

Ashurst and Norton Rose Fulbright have landed key roles on the creation of the world's largest solar power plant, which is under construction in Ouarzazate, Morocco. Ashurst advised the project company ACWA Power on the development and financing of the first phase of the programme, with a team led by energy partner David Wadham and finance partner James Coiley. ACWA Power will sell the plant's output to the Moroccan Agency for Solar Energy (Masen) under a 25-year power purchase agreement. Masen currently owns 25% of ACWA Power. Norton Rose Fulbright advised Masen, with global head of energy Simon Currie taking the lead role.
2 minute read

International Edition

CC looks to strengthen Africa ties by giving training to local lawyers

Clifford Chance (CC) has kicked off a training scheme for African lawyers, allowing them to access magic circle-standards of legal training. The initiative, called the "Clifford Chance Africa Academy", aims to give junior and senior associates at CC's relationship firms access to a structured programme based on existing training courses developed by its global training arm, the Clifford Chance Academy, which provides technical and business skills training for its lawyers and business professionals.
3 minute read

International Edition

Transfer Window Asia: recent moves including Clifford Chance, Mayer Brown and Eversheds

Australian firm Gadens has added to its corporate team in Perth with the hire of King & Wood Mallesons partner David Perks. Having spent a decade at Mallesons, Perks has significant experience in Australia's M&A market, specialising in energy, projects and resources and advising clients such as BHP Billiton, CITIC Resources, Goldcorp and Focus Minerals.
8 minute read

International Edition

Dealmaker: Hussein Damirji

Addleshaws' Qatar head on fleeing Iraq, elusive smoking guns and the dangers of office flings
4 minute read

International Edition

BLP launches Africa review as firm eyes new markets across closely watched continent

Berwin Leighton Paisner (BLP) has kicked off a review of its Africa three-year strategy with a focus on markets driven by energy, mining and infrastructure work. The firm's core Africa group, which comprises five partners in London headed up by banking disputes partner Segun Osuntokun (pictured), has already identified several key jurisdictions it wants to target, including Nigeria, Ghana, Kenya, Uganda, Tanzania and Zambia.
2 minute read

International Edition

Middle East three-year overview

An overview of the biggest deals in the Middle East from the past three years, with mandates for Allen & Overy, Latham & Watkins and Linklaters.
1 minute read

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