Category: Industry News

https://www.bloomberg.com/news/articles/2019-06-26/kenya-cancels-environment-license-of-2-billion-coal-power-plant    

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Zambian President threatens to fine miners who break law Reuters reported that Zambia will fine and break ties with mining firms that fail to operate according to the southern African country’s laws, President Edgar Lungu said escalating a dispute with India-listed Vedanta.    

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Africa FDI rises as global investment declines to $1.3trillion Inflows decline by 43% in Nigeria Although global foreign direct investment (FDI) flows suffered a setback of about 13 per cent in 2018, with inflows sliding to $1.3 trillion from $1.5 trillion in the previous year, but sub-Saharan Africa (SSA), recorded growth of about 13 per […]

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Kenya wins Sh2.6b breach of contract case filed in UK : The Standard The Government has scored a victory after a London-based International Arbitration Tribunal dismissed a Sh2.6 billion claim by a British energy firm. UK’s Cluff Geothermal Company and its local partner had moved to London Court or International Arbitration (LCIA), accusing Kenya’s Geothermal […]

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How Will Africa Take Advantage Of The Modern “Scramble For Africa?” – iAfrica.com By Andrew Skipper, partner Hogan Lovells Brexit, combined with the trade wars involving the world’s two powerhouse economies, China and the USA, is a major factor in generating global uncertainty at present. Uncertainty is bad for global business, which also impacts African […]

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The role of governments in support of African arbitration – TheCable As at May 2016, there were at least 72 Arbitration institutions in Africa. Most of these institutions are privately run. By implication, arbitration is driven more by the efforts of private persons than by the efforts of government. While that is not in itself […]

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Free trade takes a step towards reality | ALB Article In this way, the treaty acts as a basis for the development of free trade across Africa. The authoritative bodies are put in place, general principles are enshrined and there is even the possibility for party states to bring disputes against each other and enforce […]

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Commonwealth launches arbitration survey | ALB Article The Commonwealth has reached out to arbitrators in its member states to gather information about the use and reach of arbitration.  

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East leads Africa economically | ALB Article Reports published by the African Development Bank reveal that East Africa is the most successful economic region on the continent, as Africa battles for more growth and greater employment. East Africa is pulling ahead of the continent’s other regions economically, according to reports released by the African Development […]

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Dispute Resolution in Africa Mining Assets: Exploring the Arbitration Route | Lexology Mining is one of Africa's flagship industries and a growth engine for many of the continent's countries. Not only have some of the “mining champions”2…

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