Couto Graça & Associados

Mozambique

Address:
Av. 24 de Julho, Nº 7 – 7ª Andar
Maputo
Mozambique

+258 21 486 438/40; +258 21 496 900

+258 21 496 802


Key contacts:

Chairman: Pedro Couto
Contact this lawyer
Managing Partner: Telmo Ferreira
Contact this lawyer

Quick facts:

Number of lawyers: 34
Network memberships: International Bar Association, Lex Africa, AERIAL, IsFin
Languages: Portuguese, English, French, Spanish


CGA – Couto, Graça e Associados, Lda, is a Mozambican Law Firm, with specialized areas of practice and departments offering clients tailor-made advice to meet both specific needs and those of their business.

With 34 lawyers CGA has a strong experience in corporate, concessions, PPP’s, dispute resolution, labour and investment, as well as leading practices in banking, real estate and tax. The firm has also being strongly advising in a number of industry sectors, including the energy and natural resources and infrastructure sectors.

Natural Resources & Energy
Pedro Couto
pcouto@cga.co.mz

  • Advising the Government and participating in the drafting of a new electricity Law to regulate the electricity sector in Mozambique;
  • Legal assistance for the development and implementation of a 40 MWp solar power project in Cuamba, Niassa Province, Mozambique;
  • Legal consultancy services for the Government of Mozambique in defining an energy sector reform strategy and a feasible roadmap for implementing the proposed reform program to improve the performance of the country’s energy sector in the short, medium and long term.
  • Leader of the legal components in the consortium to provide legal assistance KfW and Ministry of Mineral Resources and energy within Project Inception, Developing Optimum Program Feasibility, Legal and Regulatory Framework Updates, Detailed Program Design, Institutional Structuring and Capacity Building, Prepare Business Case Report.
  • Legal Assistance for Oil and Gas company with a legal due diligence to the procedures and requirements for the award of the concessions for the Power Plant and the FSRU, respectively, and with an overview of the prohibited commercial practices under the Mozambican Competition Legislation.

Banking and Finance
Pedro Couto
pcouto@cga.co.mz

Telmo Ferreira
tferreira@cga.co.mz

  • Merger of Mozabanco, S.A and Banco Terra, S.A
  • Reduction and increase of the share capital of Moza banco, with entry of Arise for the social capital;
  • Representation of Mozabanco on the acquisition of Banco Terra;
  • Regulatory intervention of Mozabanco;
  • Legal Assistance regarding the Final Investment Decision and fulfilment of Conditions Predecent regarding Coral FLNG project (Operator of the Coral South reservoir of the Rovuma Basin).

Capital Markets
Telmo Ferreira
tferreira@cga.co.mz

  • Issuance of bonds of Financial Institution and respective listing before the Mozambique Stock Exchange;
  • IPO - beverage company;
  • Structuring of bonds issuance and listing.

Contractual
Telmo Ferreira
tferreira@cga.co.mz

  • Contractual structuring for the construction of a cement mill;
  • Negotiation of a gas transportation agreement;
  • Assistance for area 4 of the Rovuma Basin Project.

Corporate and M&A
Telmo Ferreira
tferreira@cga.co.mz

  • Transfer of participating interest on the operator of the Coral FLNG project (Operator of the Coral South reservoir of the Rovuma Basin);
  • Merge between banks;
  • Transformation of forestry company;
  • Acquisition of beverage business;
  • Assignment of 15% of Hidroeletrica de Cahora Bassa by the Portuguese government.

Corporate and M&A
Emilia Camacho
ecamacho@cga.co.mz

  • Restructuring of a Mozambican leader group in the advertising and publicity areas;
  • Establishment and implementation of a solar power plant in Mozambique, in Mocuba;
  • Transfer of participating interests and credits in a company operating in the cement sector;
  • Merger of two Mozambican leader banks, of a petroleum company, a wheat flour industry company, among others;
  • Corporate due diligence, to companies operating in several sectors, such as, petroleum, oil and gas, power generation, health, food and wheat flour industry, tourism, banking, insurance, among others.

Investments and Exchange Control
Emilia Camacho
ecamacho@cga.co.mz

  • Assistance on the preparation and obtainment of investment project before GAZEDA, on the implementation of a solar power plant in Mocuba and a dry terminal in Nacala;
  • Assistance on the preparation and obtainment of investment project before APIEX, on the transfer of participating interests and credits in a Mozambican leader company in the wheat flour industry;
  • Obtainment of authorization and registries before Central Bank, for investments made in group of companies operating in the gas sector.

Real Estate
Emilia Camacho
ecamacho@cga.co.mz

  • Assistance to a company on the acquisition of rural tenements, with approximately ten thousand hectares, for the development of agriculture and cattle farming;
  • Assistance on the implementation of a partnership between a governmental entity and a foreign investor to develop a real estate project in Cabo Delgado.

M&A
Faizal Jusob
fjusob@cga.co.mz

  • Advising group of hotels on the investment extension of US$ 8.6 million for purposes of rebuilding and renovation and capital increase of share capital by means of new capital contributions in by converting a credit vis-à-vis in the amount of US$10 million;
  • Advising acquisition and rebuilding of hotel worth USD 20 million
  • Advising on dissolution and liquidation of an hotel company operating on tourism area
  • Advising Petroleum Company on the investment extension of US$ 29 million and equity injection of US$ 24 million;
  • Advising for forestry company purposes and construction of an industrial project (paper manufacturing plant) on an investment worth USD 2.4 billion.
  • Advising a French group of hotels on acquisition of an hotel in Mozambique worth US$ 20 million.
  • Advising the shopping mall sale worth US$ 20 million.

Energy and Infrastructure key contacts

Chairman
Pedro Couto
pcouto@cga.co.mz

Quick facts

  • Team structure: 5
  • Number of lawyers dedicated to Energy and Infrastructure work: 4
  • Regional/global networks and memberships: ALER Associação Lusófona de Energias Renováveis, Lex Africa

Sector expertise

  • Energy
  • Mining
  • Oil and gas
  • Project finance

Recent matters advised on

  • Legal assistance to a gas fired power project, negotiations for the concession contract for the generation and sale of electricity in Ressano Garcia, Province of Maputo, Mozambique;
  • Wind Farms Energy, legal advice to promoters in the development of the project, assistance in negotiations of joint development agreements and the framework agreement with the Government for the establishment of wind farms in Mozambique;
  • Legal advice to developers, in the framework of the development of the project for the establishment of solar farms in the province of Cabo Delgado, Mozambique;
  • Legal Assistance to mining company in all mining issues including due diligence and acquisition of Mining rights;
  • Permanent legal advisor to oil company under the Area 4 of the Rovuma Basin.