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 advises clients 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.

Mr. Fondufe's experience includes advising:

  • Petroleum Exploration Production Africa (PEPA) in the development and financing of an on shore oil production platform in the Ngoki oil field in the Republic of Congo and a crude oil pipeline to the export facility 
  • An energy company on the development and financing of a biofuels project in the Middle East
  • An energy company on the development and project financing of a landmark carbon capture and sequestration project in the Middle East
  • 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*
  • The sponsors, led by Total, in connection with the US$20 billion financing by several ECAs of the development of an LNG Project in Mozambique; the transaction was named Global Multilateral Deal of the Year of 2020 by Project Finance International
  • The lenders, including several export credit agencies, in connection with the financing of the development of a greenfield export refinery complex in Oman 
  • 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 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 
  • ALSF and the Government of Somalia in connection with the concession agreement for the Aden Abdulle Mogadishu International Airport in Somalia 
  • An AIM listed company in connection with the preparation of its joint bid for an estimated US$600 million Nigerian located oil and gas portfolio 
  • 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 

*Matter completed prior to joining Latham  

Bar Qualification

  • Avocat (Paris)
  • England and Wales (Registered Foreign Lawyer)
  • New York

Education

  • LL.M., Harvard Law School, 2001

Languages Spoken

  • French
  • English