PERSONAL DETAILS:

Name: Chipili Salati

Designation: Partner – Corporate, Finance & Commercial Transactions

Professional Qualifications: Post-Graduate LPQE Certificate – Zambia Institute of Advanced Legal Education, LLM, Alternative Dispute Resolution (Commercial Arbitration) University of Missouri, Columbia, Missouri, United States of America, LLB – University of the Western Cape, Cape Town, South Africa.

Email Address: csalati@mmlp.co.zm

Tel: 260 211 254250

PRACTICE AREAS:

Project Financing, ESG Financing, Banking and Finance, Corporate Advisory, Financial Regulations, Insurance, TMT, Mergers and Acquisitions, Corporate Restructuring, Public Procurement, Capital markets, Energy, and Mining

OVERVIEW:

Chipili is a Partner at the Firm with experience in Banking and Finance, Project Development, Corporate Financing, Project Financing and Commercial Litigation.

He was at the helm of the Firm’s team that was advising China Nonferrous Metal Industry’s Foreign Engineering and Construction Co., Limited (“NFC”), in relation to the Zambian law aspect regarding the potential acquisition of controlling stake in China Nonferrous Mining Corporation Limited (“CNMCL”) from China Nonferrous Mining Development Limited (“CNMDL”). NFC is principally engaged in mining and smelting of nonferrous metal products and international projects contracting.

Chipili has over the years become an expert in project financing and general financing and has advised on various cross border transactions involving multinational institutions.

PROFESSIONAL EXPERIENCE:

Chipili has undertaken the following notable matters:

• Advised a syndicate of Lenders including The Standard Bank of South Africa Limited in the provision of US$306,000,000.00 to, among others, Grit Real Estate Income Group Limited. A transaction which has been reported by Bloomberg as one of the largest African sustainability linked deals.
• Advised Jumo World Limited, a mobile financial services platform for mo.bile network operators and banks, in connection with the US$30 Million Term Loan Facility from GemCorp Capital LLP.
• Advising Kobold Metals in connection with US$150 million investment for the development of Mingomba Mining Project to a world class mining company. A project which was announced by the President of the Republic of Zambia and reported by Reuters.
• Advised Alliance One International in connection to US$40,000,000.00 loan facility by the Trade Development Bank. 
• Advised China Nonferrous Metal Industry’s Foreign Engineering and Construction Co., Limited in relation to the ESG due diligence (including whether licence compliances with all mining and environmental regulatory requirements under the Mines and Minerals Development Act and Environmental Management Act) against all its five subsidiaries in Zambia.
• Advised China Import and Export Bank (“CEXIM”) in the provision of the US$114,000,000.00 term loan facility availed to the Zambia Electricity Supply Corporation (“ZESCO”) limited to be utilised for the engineering, design, supply, installation, construction, testing and commissioning of the payment obligations under an EPC Contract with China Jiangxi Corporation for International Economic and Cooperation; in relation to a 330 KV power transmission and transformation project of the ZESCO. This included the drafting of the Sovereign Guarantee and review of the EPC; and
• Advised the Industrial and Commercial Bank of China (“ICBC”) with respect to the US$36,840,000.00 term loan facility and US$35,250,000.00 term loan facility availed to the Zambia Electricity Supply Corporation Limited (“ZESCO”) to be utilised for the engineering, design, supply, installation, construction, testing and commissioning of the Chipata-Lundazi-Chama 132KV transmission project LOT 1: 85KM of Chipata West- Mwasemphangwe 132KV line, 90 KM of Mwasemphangwe -Lundazi 132KV Line, 40 KM of Lundazi-Engichikeni 132 KV line and 90 KM of Egichikeni—Chama 132KV; and to be utilised for the rehabilitation and uprating on EPC basis the ten (10) megawatt Musonda Falls Small Hydro Power Station.

INTERNATIONAL PUBLICATIONS OR RECOGNITIONS

Chipili is ranked as a highly recommended Lawyer in Banking and Finance and Project Development by IFLR1000.

Chipili has co-authored the Chambers and Partners International Arbitration Guides for Zambia.