Bonga Sekani Detshe
Biography
Bonga Detshe is an Associate in the Firm's EMEA Energy, Infrastructure, Project and Asset Finance practice in Johannesburg. He joined the firm in 2023 as the trainee lawyer and he became an associate in April 2025, having been admitted as a Legal Practitioner of the High Court and enrolled as an attorney. Bonga’s primary area of practice is Project development and Asset Finance. He has also acquired substantial exposure and practice in general litigation, public procurement processes, and public liability claims.
Experience
Representation of VTTI, a global leader in independent energy that now develops the critical energy infrastructure needed to move towards a carbon neutral future, on its US$1.7 billion refinancing.
Representation of the funders in relation to the establishment of a multi-creditor common terms platform, including bank and PP debt, for NorthC, a Dutch and German portfolio of data centres owned by DWS, the first such platform financing for data centres in Europe. Subsequent representation of the funders in relation to the senior and junior acquisition financing for NorthC’s acquisition of some of the Colt’s European Data Centres.
Representation of lenders in connection with the USD 264.0 million refinancing and prepayment of the Line 2 and FCU 2 senior loan facilities advanced to Indorama Eleme Fertilizer & Chemicals FZE in respect of the Indorama Eleme Petrochemicals & Fertilizer Complex in Eleme, Port Harcourt, Rivers State, Nigeria - one of the largest single-train urea production complexes in the world, producing approximately 1.4 million metric tons of urea annually.
Representation of a group of lenders led by the International Finance Corporation (IFC) on a US$1.25 billion financing package to Indorama Eleme Fertilizer and Chemicals Limited (Indorama) in Nigeria.
Representation of the International Finance Corporation (IFC), French Development Agency subsidiary Proparco, DEG, the German Development Finance Institution, and the U.S. International Development Finance Corporation (DFC) on an aggregate of €500 million in loans to be advanced to Aspen Finance Proprietary Limited, a member of the global pharmaceutical group, Aspen Pharmacare.
Reviewing power purchase agreement, investment agreements and transmission connection agreements for a solar power project in Uzbekistan when representing the state buyer in this project.
Reviewing the various EPC and O&M agreements when representing Standard Bank of South Africa, (acting through its Corporate and Investment Banking division), and Stanbic Zimbabwe in respect of the debt financing package in relation to the modernization and upgrade of the Forbes Border Post in Zimbabwe.
Representation of Stanbic IBTC Capital Limited and Ninety One SA (Pty) Ltd, as arrangers, and Stanbic IBTC Bank Limited and funds elected by Ninety One, as lenders, in connection with a proposed US$30 million senior secured term facility to Nigerdock FZE and related group entities, to refinance existing senior debt and fund capital expenditure in Nigerdock's shipyard and industrial park businesses at Snake Island, Nigeria, supported by extensive security over project assets and receivables under key project documents, including the Lease and Terminal Operating Agreement, Master Concession Agreement, Master Lease Agreement and related guarantees and sub-concession arrangements.