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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
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
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
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
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
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
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
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
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
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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