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Bwalya Chilufya-Musonda

Bwalya Chilufya-Musonda

Partner
Lusaka, Zambia: B&M Legal Practitioners
T: +260 97 4900059
E: bwalya.musonda@bowmanslaw.com
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  • Overview
  • Experience
  • Publications & Insights

Overview

Bwalya is passionate about the work she does. She has a wealth of legal knowledge and experience which she uses to deliver efficient and commercially focused results.

Bwalya specializes in corporate and financial law particularly in the fintech, mining and services (banking and insurance) industries. She has advised clients on a range of local and cross border corporate and commercial transactions, including mergers, acquisitions and disposals and capital market transactions.

On the finance side, she has also advised on syndicated lending, corporate financing, project financing, export credit financing and debt restructuring.

Her pragmatic approach, coupled with experience including acting as State Advocate for the Zambian Ministry of Justice’s Department of Civil Litigation, means that she brings a unique and innovative perspective to her clients. In addition, Bwalya’s unique expertise extends to tax and competition law, including advising clients (whether merging parties or third-party challengers) on merger decisions.

Education

  • Post-graduate diploma in Legislative Drafting, The Zambia Institute of Advanced Legal Education.
  • Mater of Laws (LLM) in International Business and Trade Law, University of Illinois Chicago School of Law, Chicago, USA.
  • Bachelor of Laws (LLB), University of Zambia.

Professional memberships

Bwalya is:

  • a member of the International Bar Association.
  • a member the Law Association of Zambia.
  • an advocate of the Superior Courts of Zambia.

Specialist Services

Relevant Experience

Jurisdictions worked in: Zambia
Languages fluent in: English

Bwalya has advised:

  • LafargeHolcim, a French-Swiss multinational company that manufactures building materials, in relation to its disposal of 75% of its shareholding in Lafarge Zambia Plc (Lafarge) to Huaxin (Hainan) Investment Co., Ltd. at an enterprise value of USD 150 million for full ownership of Lafarge;
  • Zambian Breweries Plc (Zambrew), a Lusaka Securities Exchange listed company and subsidiary of Anheuser-Busch InBev (AB InBev), in relation to the restructuring of its business by way of a spinoff. Zambrew sought to separate its manufacturing unit from the sales and distribution unit. The spinoff company, Zambian Breweries Distribution Company Limited (ZBDCL), focusing on the sales and distribution (warehousing and logistics), while Zambrew on the core business of production;
  • BP Investment Limited (BPIL), in relation to its mandatory offer to the minority shareholders of CEC Africa Investments Limited (CECA), a public company quoted on the Lusaka Securities Exchange, following a substantial acquisition of shares in CECA by BPIL;
  • Network International Holdings plc, an enabler of digital commerce across the Middle East and Africa, listed on the London Stock Exchange, in relation to the Zambian law aspects of its acquisition of 100 per cent stake in DPO Group, an online commerce platform operating across 19 African countries, for a total consideration of approximately USD 288 million;
  • MTN Group Limited, a South African multinational mobile telecommunications company, operating in many African, European and Asian countries, in relation to the restructuring of aYo Holdings, a 50/50 joint venture between MTN Group and Momentum Metropolitan Strategic Investments Proprietary Limited (MMH), a subsidiary of the listed entity MMI Holdings Limited;
  • Absa Bank Zambia Plc, a part of Absa Group Limited an African financial services group, in relation to a ZMW 220 million refinancing facility to Zambeef Products PLC, an integrated cold chain food products and agribusiness company in Zambia. The purpose of the facility was to refinance an existing USD 9,333,710.63 facility that the Borrower obtained from the German Investment and Development Corporation (DEG); and
  • Stanbic Bank Zambia Limited, The Standard Bank of South Africa Limited in relation to a revolving facility for an aggregate amount of ZMW 825 million (est. USD 47.2 million) availed to Coca-Cola Beverages Zambia Limited, a subsidiary of Coca-Cola Beverages Africa Proprietary Limited.

Awards

  • Chambers and Partners: “Up and Coming” in the General Business Law category in Zambia (2023).
  • Fulbright Scholarship Grantee.

“Bwalya Chilufya-Musonda’s strength is that she is quite persuasive in her arguments and has very creative ideas, especially in corporate advisory space.”

“She is technically and commercially astute, and comes with the armour of humility which makes her a joy to work with.”

‘She is experienced, practical, with a good skill set, and very reactive.’ – Chambers and Partners, 2023

‘She is proactive and very knowledgeable.’

‘She is very strong on transactions and very strong on banking and finance.’ – Chambers and Partners, 2022

Publications & Insights