Clifford Chance > Casablanca, Morocco > Firm Profile

Clifford Chance
57, TOUR CFC, CASA ANFA, HAY HASSANI, 16th FLOOR
20220 CASABLANCA
Morocco

Morocco > Banking, finance and capital markets Tier 1

Clifford Chance has ‘an exceptional team which has developed great expertise’. The firm has a distinguished track record in complex domestic and cross-border deals, including market-first innovations such as the country’s first synthetic securitisation. It recently advised Emerging Africa Infrastructure Fund on a local currently bond issue by Senegal’s Port Autonomy de Dakar. Mustapha Mourahib and newly promoted partner Ouns Lemseffer, who are co-heads of the Francophone Africa practice, are ‘reactive, agile and innovative’.

Practice head(s):

Mustapha Mourahib

Other key lawyers:

Testimonials

‘Clifford Chance has an exceptional team that has developed great expertise, which helps maintain its leadership in Morocco and Africa.’

‘Our partnership with Clifford Chance is enhanced by the individual skills of the  team. For example, the skills of Mustapha Mourahib and Ouns Lemseffer are a treasure.’

‘Pragmatic, adapted, relevant advice taking into account both legal and business requirements.’

‘Mustapha Mourahib and Ouns Lemseffer are reactive, agile and innovative. They know the legal framework extremely well, which is a given, but know how to adapt it to the client’s needs.’

Key clients

OCP

BCP – Banque Centrale Populaire

Emerging Africa Infrastructure Fund (EAIF)

Enel Green Power

Nareva Holding

Masen

Marsa Maroc

Work highlights

  • Advising OCP Group on the very first synthetic securitisation operation in Morocco and in Africa.
  • Advising Emerging Africa Infrastructure Fund (EAIF) on a local currency bond capital market bond issue by Senegal’s Port Autonome de Dakar (PAD), the owner of the Port of Dakar.
  • Advising Banque Central Populaire on the financing of the acquisition by Maghrib Hospitality Company SA of the hotel assets held by ONCF.

Morocco > Commercial, corporate and M&A Tier 1

At Clifford Chance, ‘the team has always delivered exceptionally‘, according to one client. Managing partner Mustapha Mourahib, co-head of the Africa practice, and newly promoted partner Ouns Lemseffer, co-head of the Francophone Africa group, are ‘highly professional, hardworking and commercial in the way they treat their clients‘. The practice recently advised African Infrastructures Investment Managers, Adenia Partners and the International Finance Corporation on their $130m investment into telecoms company Eastcastle Infrastructure to support projects in in Democratic Republic of Congo, Nigeria and Cote d’Ivoire.

Practice head(s):

Mustapha Mourahib

Other key lawyers:

Testimonials

‘I have been working with Clifford Chance Morocco for five years on different jurisdictions and sectors. The team led by Mustapha Mourahib and Ouns Lemseffer has always delivered exceptionally.’

‘Individuals at Clifford Chance Morocco are highly professional, hardworking, commercial in the way they treat their clients. It is a pleasure to work with them as I can trust their advice.’

Key clients

OCP

Adenia Partners

IFC

Africa Infrastructure Investment Managers

Africa50

Honoris

Actis

Vantage Capital

Enel Green Power

Nareva Holding

BCP – Banque Centrale Populaire

CDG – Caisse de Dépôt et de Gestion

Masen

A.P Moller

Work highlights

  • Advising African Infrastructures Investment Managers (AIIM), Adenia Partners and the International Finance Corporation (IFC) on their investment into Eastcastle Infrastructure, to support its built-to-suit strategy in Africa, initially in Democratic Republic of Congo (DRC), Nigeria and Cote d’Ivoire.
  • Advising OCP Group on its joint venture with Hubei Forbon Technology Group, a Chinese player specializing in the research, development and supply of global fertilizer additive solutions for agriculture.
  • Advising Honoris (the first and largest pan-African network of private higher education institutions, backed by global investment firm Actis) on its partnership with the centre of excellence Esprit Group in Tunisia.

Morocco > Projects and public law Tier 1

The project finance practice at Clifford Chance is ‘excellent, dedicated, knowledgable and fun to work with‘. Clients praise practice head Mustapha Mourahib and newly promoted partner Ouns Lemseffer for being ‘fully engaged and familiar with lenders’ concerns‘. The firm continues to be a key adviser on major projects and energy transactions in Morocco, frequently assisting international and Moroccan sponsors and lenders in wind and solar energies.  It is currently advising Banque Centrale Populaire and Attijariwafa Bank on the financing of the 200MW Aftissat wind farm extension project.

Practice head(s):

Mustapha Mourahib

Other key lawyers:

Testimonials

‘Very strong ability to deliver high-quality works while coping with tight deadlines. People bringing real added value, innovative ways and ideas to conduct business;’

‘Deep knowledge of legal and project financing practices. Availability, innovative solutions proposed, problem-solving oriented.’

‘Mustapha Mourahib’s team is excellent, dedicated, knowledgeable and fun to work with!’

‘Mustapha Mourahib and Ouns Lemseffer are fully engaged and familiar with lenders’ concerns. Their proactivity has been a key success factor in our collaboration.’

Key clients

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OCP

Africa50

Vantage Capital

Enel Green Power

Nareva Holding

BCP – Banque Centrale Populaire

CDG – Caisse de Dépôt et de Gestion

Masen

A.P Moller

Africa Infrastructure Investment Managers

Work highlights

  • Advising Banque Centrale Populaire and Attijariwafa bank in relation to the framework of the financing of the Aftissat wind farm extension project with an additional capacity of 200MW to be developed by the company Energie Eolienne du Maroc S.A.
  • Advising Nareva Holding and Enel Green Power Morocco (the “Sponsors”) in relation to the financing of the wind farm located in Jbel Lahdid in Morocco. This is the third wind farm of the project that consists in the private power production of an installed capacity of 850 MW through 5 wind farms located in Midelt, Tiskrad, Tanger II, Jbel Lahdid and Boujdour and we have advised the Sponsors on the majority of these projects.

Tunisia > Foreign firms Tier 1

Clifford Chance is considered by many as 'one of the premier advisers in the international projects space' and its prowess is evidenced in Tunisia through its historical involvement in a string of energy and infrastructure matters. The firm's Africa expertise also spans large-scale M&A, finance transactions and private equity. Clients include public, private and state-owned corporates from across the region and beyond. Casablanca-based Mustapha Mourahib co-heads the Africa practice and recently advised Honoris on its partnership with Esprit Group in Tunisia. Paris-based Delphine Siino Courtin focuses on projects throughout Francophone Africa.

Practice head(s):

Mustapha Mourahib; Delphine Siino Courtin; Ouns Lemseffer; Nathalie Zanardo

Testimonials

‘The firm is recognised by the market and its competitors as one of the premier advisers in the international projects space. The firm brings a team of multidisciplinary lawyers, well equipped to deal with transactions across multiple sectors in all the key jurisdictions.’

‘Clients have access to a dedicated team of lawyers with the right balance of specific experience, industry knowledge and legal skills to deliver the best advice for each project and have a proven track record of providing a seamless service across multiple time zones and locations.’

Key clients

TAV Tunisie S.A.

EBRD

Actis

IFC

KfW

African Development Bank

Work highlights

  • Advised TAV Tunisia, and its shareholders, on its groundbreaking debt restructuring.
  • Advising Honoris on its partnership with the Esprit Group in Tunisia.

The firm: Clifford Chance is one of the world’s pre-eminent law firms, with significant depth and range of resources across five continents. As a single, fully integrated, global partnership, it prides itself on its approachable, collegial and team-based way of working. The firm always strives to exceed the expectations of its clients, which include corporates from all the commercial and industrial sectors, governments, regulators, trade bodies and not-for-profit organisations. It provides them with the highest quality advice and legal insight, which combines the firm’s global standards with in-depth local expertise.

Types of work undertaken:

Capital markets: the capital markets practice concentrates on securities transactions and other products sold into the capital markets. The practice is founded on a full-service US and UK securities law capability, complemented by local securities law expertise in each of the key financial centres. It provides practical, integrated legal advice covering the full spectrum of global capital raising activities including public and private domestic and international offerings of traditional debt and equity securities as well as convertible and other derivative and structured securities.

Corporate: the corporate practice handles some of the world’s largest and most complex M&A transactions. It combines global transaction capability with a full service of English, US and civil law expertise in the key financial centres across Europe, the Americas and Asia Pacific. In addition to mainstream M&A, the firm also encompasses leading specialist practices in: commercial contracts, competition and antitrust, communications, energy, healthcare, financial institutions, funds, investment banking, insurance, media and technology, and private equity.

Finance: Clifford Chance’s finance practice is the leading international finance practice of any law firm. The practice provides highly commercial and practical advice across the full spectrum of financial products including syndicated lending and leveraged and acquisition finance, asset finance, derivative products, project finance, financial regulatory, insolvency, restructuring and structured finance.

Litigation, dispute resolution and risk management: the firm has experience in virtually all segments of the business and financial markets across multiple jurisdictions. The lawyers work with clients to resolve disputes efficiently and effectively – whether through arbitration, litigation or other techniques.

Real estate: Clifford Chance’s leading real estate practice offers UK, European, Asian and US real estate capability. The practice advises the real estate industry’s leading players on the entire property ‘life-cycle’ from the initial acquisition, development, leasing, joint venturing and financing through to the final exit, as well as tax structuring, PFI/PPP, corporate outsourcing, planning, environment and litigation.

Tax, pensions, employment and incentives: Clifford Chance has one of the world’s largest international tax groups within a single law firm. The firm is uniquely placed to provide leading edge advice to clients, and the practice is structured on an integrated global basis. Local tax groups within the practice work closely with areas such as securitisation, securities, M&A, corporate restructuring, private equity, real estate and funds.

The pan-European VAT group advises on all areas of VAT and has particular strength advising on novel and complex issues in the structured finance, financial services, corporate finance and real estate sectors.

The team of experienced employment, employee benefits, ERISA, immigration and pensions specialists work with clients from a wide range of sectors to address local and cross-border issues.

International offices:Abu Dhabi, Amsterdam, Bangkok, Barcelona, Beijing, Brussels, Bucharest, Casablanca, Dubai, Düsseldorf, Frankfurt, Hong Kong, Istanbul, Jakarta*, London, Luxembourg, Madrid, Milan, Moscow, Munich, New York, Paris, Perth, Prague, Rome, São Paulo, Seoul, Shanghai, Singapore, Sydney, Tokyo, Warsaw, Washington, D.C., Riyadh**

*Linda Widyati & Partners in association with Clifford Chance

**Clifford Chance has a co-operation agreement with Abuhimed Alsheikh Alhagbani Law Firm in Riyadh


Number of partners : 550
Number of other fee-earners : 3,300