The Proliferation of International Arbitral Institutions in Africa and What the Future Holds for Institutional Arbitration on the African Continent
Article from: TDM 4 (2016), in Africa
Abstract
Traditionally, international arbitration has been administered by established institutions such as the International Chamber of Commerce (ICC) and the London Court of International Arbitration (LCIA). However, in recent years various countries have sought to shift attention away from traditional seats such as London to other destinations, and the new focus is on Africa. With a wealth of natural resources and opportunities for development, Africa has been, and continues to be, a foreign investment destination. As a result, various African countries have set up arbitration centres, ...