Pitfalls of Investing in Sub-Saharan African Regions with Unsettled Boundaries: How Foreign Investors May Minimize and Manage Investment Risk
Article from: TDM 4 (2016), in Africa
Abstract
Currently, nearly a hundred active territorial and maritime disputes exist across the African continent resulting in large areas with unsettled boundaries. Yet, foreign investment in Sub-Saharan Africa, and in particular oil exploration and production activities, continues to proliferate. This can be explained in part because oil and gas concessions are granted without the investors being fully aware of an underlying inter-state dispute, or due to the fact that boundary conflicts often emerge or climax following successful exploration activities. States also manage to attract ...