Clement N. Fondufe

  • Partner
  • Eclement.fondufe@lw.com
  • 99 Bishopsgate
  • London EC2M 3XF
  • United Kingdom
  • T +44.207.710.4685
  •  
 

Profile

Clement Fondufe is a partner in the London office of Latham & Watkins and the Global Co-Chair of the firm's Africa Practice.

Mr. Fondufe's practice focuses on international and domestic corporate, commercial, and financial transactions.

Mr. Fondufe has experience representing public, private, and state-owned corporate clients (including sovereign wealth funds) in the development and financing of large projects and focuses on the oil, gas, petrochemicals, mining, and infrastructure industries.

Experience

 Mr. Fondufe's representative experience includes advising:

  • Anadarko Petroleum Corporation in connection with the financing of the development of an LNG Project in Mozambique, with estimated costs of US$26 billion
  • Assala Energy (a Carlyle Group company) in connection with the acquisition of Shell's upstream onshore hydrocarbon assets in Gabon and a reserved-based lending facility of US$320 million; the Shells assets include over seven existing product sharing contracts
  • The lenders, including several export credit agencies, in connection with the financing of the development of a greenfield export refinery complex in Oman
  • The mandated lead arranger and lenders in connection with the US$500 million financing of Phase 1 of the Tonkolili iron ore project in Sierra Leone and the development of associated infrastructure, including roads, bridges, railways, and seaports
  • Mittal Steel Holdings Limited in connection with the financing of a US$1.3 billion iron ore mining development of the LAMCO project in Liberia and the associated rail, warehousing, and port infrastructure
  • Mubadala Development Company in connection with the evaluation of an investment in Compagnie de Bauxite de Guinea, a large bauxite mining project in Guinea
  • The Federal Ministry of Finance of the Federal Republic of Nigeria, in close coordination with other Government agencies, in the structuring and creation of the Nigerian Sovereign Investment Authority
  • Iberdrola S.A. in the preparation and submission of a successful bid to the French Government in connection with the tender process for the development of a large offshore wind farm in France
  • Saudi Aramco in the financing of the US$9.9 billion Rabigh Refinery and Petrochemical Project in Saudi Arabia*
  • Saudi Aramco in connection with multiple joint venture refining and petrochemical developments, including Ras Tanura, Jubail, Sadara, Jizan, Motiva, and Yanbu*

*Matter completed prior to joining Latham

Thought Leadership

  • PF Newsletter: Article 55 of the BRRD -  May 05, 2016
  • PF Newsletter: LMA Updates - Quarter One 2016 -  May 05, 2016
  • PF Newsletter: Solar in Sub-Saharan Africa -  May 05, 2016
  • PF Newsletter: The Global Oil Economy -  May 05, 2016
  • PF Newsletter: US Exim Update  -  May 05, 2016
  • Africa's Funding Alternative -  September 28, 2015
  • Will Foreign-Owned Mining Companies Build Africa’s Rail and Seaport Infrastructure? -  April 11, 2014
  • How Islamic Finance Can Bridge Funding Gaps -  February 01, 2014
  • Meeting Africa's Infrastructure Needs -  September 25, 2013
  • The Challenge of Monetizing Africa’s Mineral-rich Resources -  September 11, 2013
  • IFC Report Advances Debate on Mining Infrastructure -  June 20, 2013
  • Nigerian Power Sector Reforms: Opportunities and Challenges for Investment -  February 11, 2011
Mr. Fondufe focuses on both the financing and development of large projects in infrastructure, mining, oil and gas, and petrochemicals, mostly in Africa.
Bar Qualification
  • Avocat (Paris)
  • England and Wales (Registered Foreign Lawyer)
  • New York
Education
  • LL.M., Harvard Law School, 2001
Industries
  • Oil & Gas
  • Power
  • Mining & Metals
Languages
  • French
  • English
Practices
  • Project Development & Finance
  • Korea Practice
  • Banking
  • Private Equity
  • Energy Regulatory & Markets
  • Investment Funds
  • Islamic Finance
  • Africa Practice