DLA Piper has advised Investec Bank Limited in relation to the USD22.5 million export credit financing provided to Ghana Infrastructure Company Ltd (GIC), which was used to fund the construction of storm drainage along the Lamashiegu, Nalung-Bulpela and Tamale roads and the rehabilitation and reconstruction of certain roads within the Ashanti region in central Ghana.
Fui Tsikata is the head of Reindorf Chambers. He has led the firm’s advice to international clients (lenders, sponsors) in corporate / commercial, project finance, infrastructure, energy and mining projects.
He has participated in many significant negotiations in Ghana involving infrastructure, mineral and power projects dating from 1982. He also has significant experience working on mineral and energy law and policy issues in Africa.
For the four-year period, 2014 to 2017, he assisted the Government of Ghana (GoG) in international proceedings relating to the maritime boundary dispute with Côte d'Ivoire. In this capacity, he participated in the drafting of inter alia (a) Ghana’s response to an application by Cote d’Ivoire for Provisional Measures to prevent Ghana and its Contractors from authorizing or engaging in petroleum exploration and production activity; and (b) the substantive Memorial setting out its case as to the maritime boundary between the two countries. He was one of the advocates who made speeches on behalf of GoG at the oral hearing before the Tribunal in February 2017.
He has substantial transaction and litigation experience spanning over 40 years.
He taught at the Faculty of Law of the University of Ghana for twenty-nine years, from October 1976 to July 2005.
Experience has included advising:
- A syndicate of lenders including foreign banks in relation to financing of a Ghanaian incorporated borrower’s interest in the development of certain oil and gas fields in Ghana.
- An international bank on its acquisition through a local bank of another bank in Ghana and the steps for the subsequent merger of the two local banks
- A syndicate of lenders including an international financial institution and mandated lead arranger in relation to the USD185 million financing and restructuring of financial arrangements of a major power generation company in Ghana
- An international mining company on its proposed equity and loan investment (of over USD200 million) through its local subsidiaries in two local mining companies
- Foreign banks in a transaction involving the issuance of a letter of credit in the initial amount of USD500 million to finance the payment obligations of a State owned Petroleum Company owed to two international petroleum entities
- A bulk petroleum products storage and distribution company in the review and negotiation of contracts for the front end engineering design of a 750 km buried national gas transmission utility pipeline build-out
- An international finance entity on its USD22 million investment in a mining company for the development of its mine and mineral operations
- A South African bank in respect of the USD5 million and USD17,5 million financing of projects for the construction of a storm drain in the Northern Region of Ghana and the rehabilitation and reconstruction of 56 km of selected roads located in the Ashanti Region of Ghana
- An international energy company on a project involving the generation and sale of up to 107 MW of electricity to the Government of Ghana
- A foreign bank in three separate court actions relating to a mandatory takeover offer made by it to shareholders of a Ghanaian bank
Professional Qualifications
- Enrolled on the Roll of Lawyers to practise as a Solicitor and called to the Ghana Bar (1975)
Education
- Oxford University, B.C.L. (1974)
- Christ Church, Oxford, Rhodes Scholar (1972-1974)
- Ghana School of Law, Professional Qualifying Certificate (1972)
- University of Ghana, LL.B. (1970)
Memberships
- Ghana Bar Association
- International Bar Association
- African Arbitration Association