Kaluwe Libeleki

Kaluwe is a Senior Associate at the firm focused on project development, banking and finance, technology, media and telecommunications and employment. Over the course of her career, Kaluwe has acted on high value banking and finance, project development, and project finance transactions characterised by complexity, providing out of the box solutions to clients. She regularly supports both local and international clients through project structuring, negotiations, due diligence exercises, and the provision of practical solutions to corporate, employment and regulatory matters. Her broader experience also includes advising on competition and conveyancing matters. Kaluwe is recognised by IFLR1000 for his expertise in finance and project development.

Kaluwe also contributes to legal thought leadership and market-facing work. She has been listed as a contributing author to the Chambers Global Practice Guides – Corporate M&A 2025 (Zambia) and has authored and co-authored publications on financial services M&A and data protection in Zambia, including Lexology pieces on the market and policy climate for financial services M&A and personal data handling and processing. She has also contributed to Latham & Watkins’ Taking Security in Africa (Second Edition) and is a Zambia expert contributor on One Trust Data Guidance.

Beyond her legal practice, Kaluwe is active in business development and social impact initiatives. She has participated in value-added trainings on data protection in Zambia and taken a leading role in pro-bono legal clinics, including the Standard Chartered Women in Technology Incubation Program, supporting various start-ups in Zambia.

She holds a Bachelor of Laws (LL.B) from University of Zambia and is a member of the Law Association of Zambia.

• Member – Law Association of Zambia

2022: Zambia Institute of Advanced Legal Education, Legal Practitioners’ Qualifying Examination Certificate (LPQE), Zambia.

2018: University of Zambia, Bachelor of Laws (LLB), Zambia.

2026 – Date: Associate, Musa Dudhia & Co.

2023-2026: Associate, Musa Dudhia & Co.

2019 – 2022: Learner Legal Practitioner, Musa Dudhia and Company

2018 – 2029: Intern, Musa Dudhia & Co.

Banking & Finance

• Acting for BNP Paribas, a French multinational universal bank and financial services holding company headquartered in Paris, in its capacity as Security Agent, and a syndicate of international lenders including Goldman Sachs in connection with a syndicated refinance transaction aggregating circa USD 3.1 billion to First Quantum Minerals, a leading Canadian multinational conglomerate with extensive operations in Zambia.
• Acting for BNP Paribas and a syndicate of lenders, including Goldman Sachs, in connection with a senior secured second lien notes offering totaling USD 1.6 billion by First Quantum Minerals Limited, a leading Canadian multinational conglomerate with extensive operations in Zambia.
• Acted as local counsel to Pinsent Masons on behalf of Yellow River Co. Limited (which is part of the Sinohydro Group of Companies) in connbection with the financing of an Engineering, Procurement, and Construction mining project worth USD 46 million that Yellow River Co Limited undertook in Zambia.
• Acted for ING BANK N.V in connection with multiple renewals of an annual secured one-year revolving USD 2,820,000,000 borrowing base facility and off-balance sheet instrument facility to Trafigura Pte Ltd, Trafigura Mexico, S.A. de C.V., Trafigura Asia Trading Pte. Ltd. and Trafigura Canada Ltd used for the purchase, storage, sale and shipping of metal concentrates.
• Advising a Chinese State-Owned Bank in connection with a sovereign debt restructure exercise involving facilities advanced to the Government of the Republic of Zambia and other Zambian State-Owned institutions amounting to approximately USD 2.5 billion.

Project Development and Finance

• Acting for the lenders of the Kasomeno-Mwenda Toll Road Project, a public private partnership project, in connection with financing the construction of a 184 kilometre road, a 345 metre cable stayed bridge and a one-stop border post to establish a tolling system between the towns of Kasomeno, Zambia and Mwenda, Democratic Republic of Congo.
• Advising a concessionaire in connection with Public-Private Partnership projects for deployment of digital government transformation solutions for enabling infrastructure, government superapp, track and trace for excisable goods, pharmaceuticals, agricultural, and forestry products, airports services, weather monitoring services, and the programme management between the client as concessionaire and the Government of the Republic of Zambia and other government entities including a number of Zambian ministries, the Zambia Revenue Authority and Zambia airports corporation.
• Advising the African Development Bank (AfDB) and Green Climate Fund in connection with a financing package of USD 14.5 million for the construction of a USD 21 million Innovent Gameton North 20 MW solar project by Copperbelt Energy Corporation Plc and Innovent R-E. The project is one of six projects selected by the Zambia government under the country’s Global Energy Transfer Feed in Tariff (GETFit) program designed to unlock private-sector investment in small-and medium-scale renewable energy independent power projects in the country.
• Acted as local counsel to White & Case South Africa on behalf of the Standard Bank of South Africa Limited, through its Corporate and Investment Banking division, in connection with a debt financing package for the upgrading and modernisation of a one stop border post pursuant to two concession agreements for each side of the border.
• Advising the International Finance Corporation in connection with its proposed financing of generation and distribution of electricity projects in Zambia.
• Advising Rio Tinto London in connection with the proposed acquisition of shareholder stakes in Zambia’s leading mining companies.

Telecommunications, Media and Technology

• Acting in the separation of MTN’s fintech business from MTN Zambia to create a self-sufficient and competitive separate holding company to present an attractive investment opportunity for external investors in a 2-phase approach, including advising on the first phase which involved a managed separation to create a self-sufficient fintech company and a second phase which involved the transfer of interests held by the MTN operating company in the fintech company to the Group fintech company, a holding company incorporated in the Netherlands subject to any minorities’ shareholding, regulatory requirements, localisation, listings and other relevant requirements.
• Advising IHS in connection with the amalgamation of Zambian Towers Limited into IHS, including procuring no-objections from ZICTA and drafting the sale of assets as a going concern.

Data Protection

• Advising a client in connection with data protection and employment considerations in relation to the installation of telematics devices and dashboard cameras on company vehicles, hence addressing the admissibility of recorded data in local legal proceedings.
• Advising Entain, a gaming and entertainment company, in connection with Zambia’s data protection and cyber security regulatory regime affecting their proposed provision of online sports betting services in Zambia.
• Advising Mitsui & Co., a trading company that is one of the largest conglomerates in Japan and part of the Mitsui Group, in connection with the application of Zambia’s data protection laws on the client’s proposed operations, which involves the processing of the personal information of Zambian-based farmers.
• Advising Xiaomi, a global consumer electronics company, in connection with their obligations under Zambia’s data protection and cyber security laws and regulations, including conducting a gap analysis of Zambia’s data protection laws compared to the European Union’s General Data Protection Regulations.
• Advising Caterpillar, an American construction, mining and other engineering equipment manufacturer, in connection with its proposed implementation of a technology offering dealer-to-customer communication by undertaking a review the mode of operation of the client’s technology, assessing the data privacy implications from a Zambian law perspective, and advising the client on its obligations accordingly.
• Advising a Tokyo based company that sells and exports secondhand cars from Japan to individual customers in several jurisdictions, in connection with a security breach affecting personal data of their customers residing in several jurisdictions, including Zambia.

Private Equity

• Acting for the Carlyle Group, a private equity fund, in connection with the disposal of its equity stake in CMC Investments, a Mauritian incorporated entity, to a third-party purchaser.