Arbitral Reform in Africa: growing investment in Nigeria, Kenya, Rwanda and South Africa and addressing the need for world-class Arbitration
African countries have experienced an increase in foreign and domestic investment in recent times, such as the USD60 billion in loans, grants and equity funds pledged by China to Africa during the 2015 Forum on China-Africa Co-operation, together with changes in the arbitration culture. The increased investment has led to an upsurge in the number of disputes, and investors who are reluctant to settle their disputes in African courts resort to arbitration for resolution.
This article can be found on Thomson Reuters - Practical Law UK website
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Arbitration Reform in Africa - Growing Investment Africa (ALP Legal).pdf | 1.93 MB |