Kelvin Mosha
Senior Associate | Dar es Salaam
Contact
T: +255 768 988 663
Overview
Kelvin specializes in corporate, banking and finance, as well as mining. His experience in navigating complex regulatory frameworks and providing strategic legal counsel is highly valued by clients.
He is renowned for structuring, negotiating, and executing high-value transactions and supporting clients’ business objectives. This has earned him recognition in the industry from various clients in the mining sector and the banking and finance industry.
Experience
- Highlights of Kelvin’s recent finance experience includes advising:
- Stanbic Bank Tanzania Ltd, NMB Bank Plc, National Bank of Commerce Limited and Standard Chartered Bank Tanzania Limited in connection with a TZS 215 billion syndicated term loan facility to Kilombero Sugar Company Limited.
- Société Générale in relation to a USD 300 million uncommitted secured revolving borrowing base facility to IXM SA.
- Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO) and Société De Promotion Et De Participation (Proparco) on a USD 125 million loan facility to NMB Bank Public Limited Company for financing NMB’s investments in micro, small and medium-sized enterprises, agri-businesses and eligible green opportunities in Tanzania.
- Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO) in relation to a USD 11.5 million term facility to Zanzibar Sugar Factory limited.
- EDFI Management Company SA on a USD 1.5 million unsecured term loan facility in favour of Simusolar Limited.
- EDFI Management Company SA on a USD 2 million unsecured term loan facility in favour of EA Foods Limited.
- Belgian Investment Company for Developing Countries NV/SA on a USD 3.2 million unsecured senior loan facility in favour of EA Foods Limited.
- SFC Finance Limited t/a AfricInvest Private Credit on a USD 4 million loan facility in favour of Dough Works Limited for expansion of the KFC, Pizza Hut and BAO stores franchises in Dar es Salaam, Tanzania.
- Walkabout Resources Limited on a USD 25 million senior debt facility for the construction of the Lindi Jumbo Graphite mine in Tanzania.
- Stanbic Bank Tanzania Limited in relation to a:
- TZS 70 billion medium term loan facility to Airtel Tanzania PLC;
- USD 7 million term loan facility to E.A.L.S Limited; and
- USD 20 million medium – term loan facility to Mufindi Paper Mills Limited.
- Highlights of Kelvin’s recent M&A and equity capital markets experience include advising:
- SBA Communications Corporation and Paradigm Infrastructure Limited on the acquisition of Airtel Tanzania’s telecom tower portfolio for approximately USD 175 million.
- IFC with respect to its USD 10 million investment in the first ever gender bond issuance in Sub-Saharan Africa (a senior unsecured medium term note programme of up to TZS 200 billion issued by NMB Bank PLC.
- OP Finnfund Global Impact Fund I KY (acquiring firm) on its acquisition of a minority interest in d.light design, Inc and by corollary, its subsidiary in Tanzania, d.light (TZ) Limited.
- Highlights of Kelvin’s recent regulatory experience includes advising:
- RTI International on the relevant legal framework in Tanzania for the Power Africa Off-grid Project (PAOP) where Off-Grid players developed a Pay-as-You-Go (PAYGO) model allowing customers to pay for Solar Home Systems (SHS) and Productive Uses of Energy (PUE) appliances in instalments through mobile money platforms, among others.
- Circle Gas Limited on the legal and regulatory framework applicable to their business operations and sales of LPG rapidly in Tanzania, focusing initially on Dar es Salaam and Zanzibar using technology such as the smart meter system.
- Facebook, Mastercard, Microsoft and Google on a range of regulatory issues in Tanzania, including but not limited to data protection and processing in Tanzania.
- Aggreko, Sandvik Mining and Rock Solutions, Murray & Roberts Cementation (Pty) Ltd, Barminco (part of the Perenti group) and Epiroc Tanzania Limited on compliance with the local content requirements for service providers in the mining sector.
- Highlights of Kelvin’s recent mining experience includes advising:
- Peak Rare Earths Limited in relation to framework agreement negotiations with the Government of Tanzania for the development of the Ngualla Rare Earth Project in Tanzania.
- Evolution Energy Minerals Limited in relation to framework agreement negotiations with the Government of Tanzania for the development of the Chilalo Graphite Project in Tanzania.
- Ecograf Limited and its Tanzanian subsidiary in relation to framework agreement negotiations with the Government of Tanzania for the development of the Epanko Graphite Project in Tanzania.
- Walkabout Resources Limited on a USD 25 million senior debt facility for the construction of the Lindi Jumbo Graphite mine in Tanzania.
- North Mara Gold Mine, Bulyanhulu Gold Mine and Pangea Minerals (Buzwagi Gold Mine), three of Tanzania’s’ largest gold mines now owned by Barrick Gold Corporation and the Government of the United Republic of Tanzania, on mining and related legal compliance issues in Tanzania.
Awards
IFLR1000’s Financial and Corporate Guide has rated Kelvin as a Rising Star for his work in Banking and Finance in Tanzania (2023).
AREA OF EXPERTISE
Qualifications
- LLM (Corporate and Commercial Law) – University of Dar es Salaam, Tanzania
- LLB (Hons) – Catholic University of Eastern Africa in Nairobi, Kenya.
Professional Memberships
- Tanganyika Law Society (TLS).
- East Africa Law Society (EALS).
INSIGHTS
Overview
Kelvin specializes in corporate, banking and finance, as well as mining. His experience in navigating complex regulatory frameworks and providing strategic legal counsel is highly valued by clients.
He is renowned for structuring, negotiating, and executing high-value transactions and supporting clients’ business objectives. This has earned him recognition in the industry from various clients in the mining sector and the banking and finance industry.
Experience
- Highlights of Kelvin’s recent finance experience includes advising:
- Stanbic Bank Tanzania Ltd, NMB Bank Plc, National Bank of Commerce Limited and Standard Chartered Bank Tanzania Limited in connection with a TZS 215 billion syndicated term loan facility to Kilombero Sugar Company Limited.
- Société Générale in relation to a USD 300 million uncommitted secured revolving borrowing base facility to IXM SA.
- Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO) and Société De Promotion Et De Participation (Proparco) on a USD 125 million loan facility to NMB Bank Public Limited Company for financing NMB’s investments in micro, small and medium-sized enterprises, agri-businesses and eligible green opportunities in Tanzania.
- Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO) in relation to a USD 11.5 million term facility to Zanzibar Sugar Factory limited.
- EDFI Management Company SA on a USD 1.5 million unsecured term loan facility in favour of Simusolar Limited.
- EDFI Management Company SA on a USD 2 million unsecured term loan facility in favour of EA Foods Limited.
- Belgian Investment Company for Developing Countries NV/SA on a USD 3.2 million unsecured senior loan facility in favour of EA Foods Limited.
- SFC Finance Limited t/a AfricInvest Private Credit on a USD 4 million loan facility in favour of Dough Works Limited for expansion of the KFC, Pizza Hut and BAO stores franchises in Dar es Salaam, Tanzania.
- Walkabout Resources Limited on a USD 25 million senior debt facility for the construction of the Lindi Jumbo Graphite mine in Tanzania.
- Stanbic Bank Tanzania Limited in relation to a:
- TZS 70 billion medium term loan facility to Airtel Tanzania PLC;
- USD 7 million term loan facility to E.A.L.S Limited; and
- USD 20 million medium – term loan facility to Mufindi Paper Mills Limited.
- Highlights of Kelvin’s recent M&A and equity capital markets experience include advising:
- SBA Communications Corporation and Paradigm Infrastructure Limited on the acquisition of Airtel Tanzania’s telecom tower portfolio for approximately USD 175 million.
- IFC with respect to its USD 10 million investment in the first ever gender bond issuance in Sub-Saharan Africa (a senior unsecured medium term note programme of up to TZS 200 billion issued by NMB Bank PLC.
- OP Finnfund Global Impact Fund I KY (acquiring firm) on its acquisition of a minority interest in d.light design, Inc and by corollary, its subsidiary in Tanzania, d.light (TZ) Limited.
- Highlights of Kelvin’s recent regulatory experience includes advising:
- RTI International on the relevant legal framework in Tanzania for the Power Africa Off-grid Project (PAOP) where Off-Grid players developed a Pay-as-You-Go (PAYGO) model allowing customers to pay for Solar Home Systems (SHS) and Productive Uses of Energy (PUE) appliances in instalments through mobile money platforms, among others.
- Circle Gas Limited on the legal and regulatory framework applicable to their business operations and sales of LPG rapidly in Tanzania, focusing initially on Dar es Salaam and Zanzibar using technology such as the smart meter system.
- Facebook, Mastercard, Microsoft and Google on a range of regulatory issues in Tanzania, including but not limited to data protection and processing in Tanzania.
- Aggreko, Sandvik Mining and Rock Solutions, Murray & Roberts Cementation (Pty) Ltd, Barminco (part of the Perenti group) and Epiroc Tanzania Limited on compliance with the local content requirements for service providers in the mining sector.
- Highlights of Kelvin’s recent mining experience includes advising:
- Peak Rare Earths Limited in relation to framework agreement negotiations with the Government of Tanzania for the development of the Ngualla Rare Earth Project in Tanzania.
- Evolution Energy Minerals Limited in relation to framework agreement negotiations with the Government of Tanzania for the development of the Chilalo Graphite Project in Tanzania.
- Ecograf Limited and its Tanzanian subsidiary in relation to framework agreement negotiations with the Government of Tanzania for the development of the Epanko Graphite Project in Tanzania.
- Walkabout Resources Limited on a USD 25 million senior debt facility for the construction of the Lindi Jumbo Graphite mine in Tanzania.
- North Mara Gold Mine, Bulyanhulu Gold Mine and Pangea Minerals (Buzwagi Gold Mine), three of Tanzania’s’ largest gold mines now owned by Barrick Gold Corporation and the Government of the United Republic of Tanzania, on mining and related legal compliance issues in Tanzania.
Awards
IFLR1000’s Financial and Corporate Guide has rated Kelvin as a Rising Star for his work in Banking and Finance in Tanzania (2023).
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