Impact Investment & Sustainable Development: Rethinking the Definition of Investment in African International Investment Agreements - An Outlier Perspective
Article from: TDM 4 (2021), in Africa
This article explores a definitional approach to investment that is distinct from the common approaches adopted by African countries in their investment treaties and agreements. This article seeks to make a case for an impact investment centred envisioning of investment in investment treaties. The current framework of investment treaties involving African states shows an overwhelming preference for an asset or qualified asset-based approach favouring investors from capital-exporting states due to the broadly worded definitions adopted and the tacit omission of investments implicating ...