Chibesakunda&Co, a leading corporate and commercial law firm in Zambia, is pleased to have advised Prospect Resources Limited (Prospect Resources), an Australia Stock Exchange listed mining and exploration company, in relation to its acquisition of the Mombezhi Copper Project. Mombezhi is located between the world-renowned Sentinel Mine (operated by FQM) and Lumwana Mine (operated by Barrick Gold) in Zambia’s prized Copperbelt region.
Mwelwa is the founding partner and current managing partner of Chibesakunda & Company. He has been instrumental in establishing Chibesakunda & Company as one of Zambia’s leading corporate and commercial law firms.
Mwelwa has over twenty five years of experience advising local and international clients in a wide range of commercial law matters. Mwelwa is a recognized market leader in M&A, complex banking and finance transactions and energy advisory.
Experience has included advising:
- A local bank on the establishment and operationalization of Zambia’s first block-chain banking solution
- Advising local shareholders on the USD30 million disposal of their entire interest in an integrated cropping and herding farming business
- Western Power on the establishment of a 50 MW hydro power plant
- Barclays Bank Plc on Zambia’s inaugural USD750 million Sovereign Bond
- Syngenta on the acquisition of MRI Seed – one of Zambia’s leading seed producing companies
- Altima Partners LLP on the acquisition and disposal of USD30 million of a 3000 acre integrated farming operation
- The Government of Zambia on the drafting of new Building Society legislation
- The Government of Zambia and Universal Leaf Limited on resettling, establishing back into farming business and assisting with the legal work on financing of displaced Zimbabwean farmers
- A syndicate of local and international banks lead by Citibank and Standard Bank in relation to the USD165 million financing of Zambia Sugar’s plant expansion.
Professional Qualifications
- Advocate admitted to the Supreme Court of Zambia (1994)
- Advocate admitted to the High Court of Zambia (1991)
Education
- University of Bristol (UK) LL.M. (1994)
- Zambia Institute of Advance Legal Education (ZIALE) (1991)
- University of Zambia, LL.B. (1989)
Recognition
- Ranked as leading lawyer in Chambers & Partners Global from 2004-18
Prior Experience
- 2006 to date, Partner, Chibesakunda & Co, DLA Piper Africa member firm in Zambia
- 1996 to 2006, Partner, Lusaka based law firm
- 1995 to 1996, Principal State Advocate, International Law and Agreements Department
- 1993 to 1995, Senior State Advocate, International Law and Agreements Department
- 1992 to 1993, State Advocate, Attorney-General’s Chambers, Lusaka
- 1991 to 1992, State Advocate, Director of Public Prosecutions, Lusaka
- 1990 to 1991, Learner Legal Practitioner, Lusaka based law firm
Memberships
- Member of the Law Association of Zambia