Region: Africa & Middle East

Rwandan state entity loses power plant claim

A Rwandan state entity has lost a US$80 million UNCITRAL claim against the UK-owned operator of a first-of-its-kind power plant on one of Africa’s Great Lakes.

10 August 2022

Ghanaian opposition raises alarm over oilfield dispute

Ghana’s opposition party has raised concerns that the country could be saddled with a multibillion-dollar arbitral debt thanks to government directives requiring Italy’s Eni and its Swiss partner to merge their oilfield with that of a rival operator.

09 August 2022

European engineering firms pursue claim against Jordan

A pair of Austrian and Swiss engineering companies are bringing an investment treaty claim against Jordan at the Permanent Court of Arbitration, it has emerged.

05 August 2022

Algeria liable for blocking transfer of dividends

A split ICSID tribunal has ordered Algeria to pay US$110 million to a Swiss shipping company and lift a prohibition against the collection of dividends from its local investments.

28 July 2022

Chinese-Saudi telecoms dispute kicks off at ICSID

Saudia Arabia is facing an ICSID claim by a Hong Kong investor in a now-liquidated telecoms consortium that had its operating licence cancelled by the state.

27 July 2022

“Side-switching” challenge rejected on appeal

A Spanish contractor has failed in a renewed bid to overturn a US$40 million ICC award over a Peruvian refinery on the basis that two members of its counsel team joined the opposing side’s law firm while the arbitration was pending – as a separate dispute over a US$1 billion project in Algeria gets underway.

27 July 2022

Africa Arbitration Academy publishes model BIT

The Africa Arbitration Academy has published a model bilateral investment treaty for states on the continent, with a focus on innovation, sustainability and “Africanisation”.

26 July 2022

Seychelles telecoms group seeks to enforce against Guinea

A Seychelles-incorporated telecoms group has asked a US court to enforce a US$25 million ICC award against Guinea after the state failed to have it set aside on grounds of alleged corruption.

20 July 2022

Electricity consortium threatens Nigerian state agency

A consortium of investors in an electricity distributor in Nigeria has reportedly threatened to take the country’s privatisation agency to arbitration in the UK, accusing it of facilitating a forced takeover of the utility by a local lender.

19 July 2022

Iranian state entity can’t appeal US$2.4 billion award

A London court has refused to allow Iran’s national oil company to appeal a US$2.4 billion award on a point of law while rejecting arguments the state entity had waived its right to bring such an appeal.

12 July 2022

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