Region: Africa & Middle East

Australian investors settle mining claim against Egypt

Australian investors have settled a third-party funded ICSID claim against Egypt over the alleged expropriation of their stake in a mining project.

31 August 2021

Nigerian oil trader seeks injunction against Ivorian state entity

A Nigerian oil trader has sought to block Ivory Coast’s national energy company from enforcing a Paris-seated ICC award in a US$380 million dispute over former Chevron assets.

27 August 2021

Lagos centre’s award against Nigeria lands in DC

An engineering company that was hired to combat gully erosion in Nigeria has asked a US court to enforce an award against the state, which was issued by an arbitral institution in Lagos.

26 August 2021

Ghana’s central bank sees off LCIA claim

An LCIA tribunal has dismissed a US$480 million arbitration against the Bank of Ghana over a cancelled payments systems project after the claimant failed to post security for costs – a dispute that saw the bank raise allegations of fraud and corruption.

25 August 2021

Sierra Leoneans seek discovery from Steinmetz group

Sierra Leonean citizens pursuing an environmental class action against subsidiaries of Beny Steinmetz’s BSG Resources have asked a US court for discovery from the Guernsey mining company and its bankruptcy administrators.

25 August 2021

Simmons & Simmons hires in Doha

Construction disputes lawyer Niall Clancy has left Dentons to join Simmons & Simmons as partner in Doha.

20 August 2021

Zimbabwean hydro dispute heads to ICC

A hydropower producer is pursuing ICC arbitration in Johannesburg against Zimbabwe’s state-owned electricity company in a dispute over missed payments that it says could affect several of the country’s renewable energy projects.

19 August 2021

Shell to shell out in Nigerian oil spill dispute

Royal Dutch Shell has agreed to pay US$112 million to Nigeria in compensation for oil spills in the Niger Delta over 50 years ago – as an ICSID case that reportedly relates to the same environmental liabilities remains pending.

18 August 2021

Finnish investor launches second claim against Egypt

A Finnish businessman has made good on his threat to file a US$500 million investment treaty claim against Egypt over alleged expropriatory behaviour committed by the state after it lost a prior treaty arbitration.

17 August 2021

Mega-award against Chevron blocked again in US

The heirs of a Saudi official have once again failed to enforce an US$18 billion award against Chevron in the United States, as their counsel face the prospect of court sanctions for allegedly relying on a “fabricated” news article.

17 August 2021

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