Publication Type

Book Chapter

Version

publishedVersion

Publication Date

1-2021

Abstract

African States, African Regional Economic Communities (RECs), and the African Union have adopted a number of new investment instruments in recent years. Many of these instruments are highly innovative and mark a clear departure from old European-styled IIAs. The Africanization of international investment law or, in other words, the prise en main of African States and organizations to design the regulation of international investment according to their policy and development priorities has become an evident contemporary phenomenon. At the same time, the most innovative approaches can be found in intra-African IIAs, i.e., in IIAs concluded between two or more African States or concluded by RECs. When looking at extra-African IIAs, it becomes apparent that African States and RECs were not yet fully successful in transposing their new models to non-African negotiating partners as the outcome of most negotiations highlights that African States, in the end, give in to the model treaty of their respective partner countries. The objective of this contribution is to present African IIAs in a straightforward manner seeking to allow the reader to gain a systemic overview of African IIAs and other African investment instruments (e.g., model IIAs).

Keywords

Africa, International investment agreements, Reform, African Union, InvestorState dispute settlement (ISDS), Developing countries

Discipline

African Studies | Dispute Resolution and Arbitration | International Law

Areas of Excellence

Growth in Asia

Publication

Handbook of international investment law and policy

Editor

CHAISSE, Julien; CHOUKROUNE, Leïla; JUSOH, Sufian

First Page

2597

Last Page

2618

ISBN

9789811336140

Identifier

10.1007/978-981-13-5744-2_77-2

Publisher

Springer

City or Country

Singapore

Additional URL

https://doi.org/10.1007/978-981-13-5744-2_77-2

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