Africa as an investment rule-maker: Decrypting the Pan-African Investment Code

Publication Type

Book Chapter

Version

acceptedVersion

Publication Date

11-2018

Abstract

The Pan-African Investment Code (PAIC) is a legal instrument - shaped in the form of a model investment treaty - which has been drafted from the perspective of developing countries and least-developed countries focusing on sustainable development goals. It contains a number of Africa-specific and innovative features, which presumably makes it today a unique legal instrument. The PAIC presents an African consensus on the shaping of international investment law and has, since its adoption, influenced subsequent African investmentlaw making. Moreover, the PAIC is serving as the main basis for the negotiations on the Investment Protocol to the Agreement establishing the African Continental Free Trade Area (AfCFTA). This article seeks to present and contextualize the PAIC by taking a comparative international law approach.

Keywords

international trade, international law, foreign investment, Africa

Discipline

African Studies | Comparative and Foreign Law | International Trade Law

Publication

African Yearbook of International Law

First Page

81

Last Page

121

ISBN

9789004429369

Identifier

10.1163/22116176_02301005

Publisher

Brill Nijhoff

City or Country

Leiden

Copyright Owner and License

Authors

Additional URL

https://doi.org/10.1163/22116176_02301005

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