Zambia

Large and landlocked in the centre of southern Africa, Zambia shares several of its key geographical and economic features with neighbouring Zimbabwe—the Victoria Falls, Lake Kariba (and its hydroelectric capacity), and a stretch of the Zambezi River.

Our work

  • Cliffe Dekker Hofmeyr represented PSG Group, the leading South Africa-based financial services group.  Our South Africa-based competition team obtained approval in the complex PSG unbundling, valued at over ZAR 20 billion, one of three deals nominated in South Africa for 2023 Deal of the Year by Ansarada Dealmakers at its annual Gala Event in February 2023.  Obtaining merger approval involved several submissions and engagements with the Competition Authorities.  This transaction involved the unbundling of all PSG Group's shares in PSG Konsult, Kaap Agri, Curro, Stadio and CA Sales, which are all listed on the JSE and, ahead of its delisting, the disposal of the majority of PSG Group's assets and the repurchase of shares from the majority of shareholders in terms of a scheme of arrangement.  We represented Zeder Africa and ForAfric Forestry in obtaining Zambian merger approval.  
  • Cliffe Dekker Hofmeyr is representing AMEA Power, the leading UAE-based renewable energy company.   Our South Africa-based projects & infrastructure team is advising AMEA Power and the project company on the 120MW Doornhoek Solar PV Project, as sponsor/developer’s counsel.  Doornhoek was appointed as a preferred bidder in Round 6 of the REIPPP Programme and achieved financial close in end May 2024.  We coordinated all legal workstreams for the financial close of the project, including environmental, regulatory and licensing, land, financing and equity, as well as construction and operation.  This requires a dedicated legal team and a hands-on approach to ensure no slippages in the timelines.  We also prepared and/or negotiated the legal agreements required to bring the project together, including all land agreements, equity agreements, and more.  This is another example of a critical, market-shaping REIPPP project, ensuring energy stability and security for South Africa.  Our team is also advising AMEA Power on the acquisition of various projects in South Africa to be bid in future rounds of REIPPP and BESCIPP.  Our work on these matters offers further clear proof of our position as go-to counsel for critical and market-shaping independent power producer projects, which play a key role in ensuring greater energy stability and security for South Africa. 

Africa Corporate Guide

This guide covers common questions relating to the process of incorporating and setting up in various African jurisdictions.

Many of our clients are looking to expand their African footprint.

Therefore it is incumbent on us to understand the nuances, intricacies and ultimately the legal requirements of setting up in each of the countries in Africa. The purpose of this guide is to simplify the position in relation to incorporation and setting up in various African jurisdictions and to provide our clients with an overview of their obligations in relation to this.

Click here to read the Guide. 

From vision to fruition.