As home to many countries that make up the fastest growing economies in the world, Africa remains a central hub for foreign investment. The volume of investments witnessed in Africa, therefore, opens a floodgate of disputes. When these disputes occur, parties often resort to arbitration as their preferred mechanism for resolution because it offers some benefits over litigation, including flexibility, confidentiality, and easier international enforceability of final decisions. While it would ordinarily be expected that parties to such arbitration proceedings will choose African States as their seats of arbitration, foreign countries are, instead, adopted as the preferred choice. This paper seeks to explore the reasons why African States are ignored as seats of arbitration, particularly in relation to Africa-related disputes, and proffers practical solutions on the way forward.
Keywords: Arbitration, African States, Disputes, Seat of Arbitration
Cite As: Stanley U. Nweke-Eze, Promoting African States as Seats of International Arbitration, Volume 4, AfJIEL, (2024), 29-38.