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n Without Prejudice - Arbitration in Africa : international law

Volume 9, Issue 5
  • ISSN : 1681-178X
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Abstract

Investment into Africa is often made against a background of perceived (if not actual) political risk. There are also perceptions that the domestic courts in Africa lack the commercial focus, propriety and efficiency that investors are ordinarily used to; fears that decisions of African courts may not be enforceable in other jurisdictions; and the perception that African host states sometimes act in an unpredictable or arbitrary fashion (consider for example Algeria's recent reversal of its 2005 hydrocarbons law, and Zimbabwe's expropriation of its agricultural industry - a matter which has recently been resolved in favour of the claimants by the World Bank's arbitration forum, ICSID).

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/content/jb_prej/9/5/EJC50835
2009-06-01
2017-02-25

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