African States and ICC arbitration

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Periodical article

Title:	African States and ICC arbitration
Author:	Agyemang, A. Asante
Year:	1989
Periodical:	Lesotho Law Journal: A Journal of Law and Development (ISSN 0255-6472)
Volume:	5
Issue:	2
Pages:	217-233
Language:	English
Notes:	biblio. refs.
Geographic term:	Africa
Subjects:	foreign investments international arbitration law International Chamber of Commerce Conflict management arbitration
Abstract:	The International Chamber of Commerce (ICC) was established in 1919 to settle European commercial disputes but now settles, in addition to commercial disputes, investment disputes from all over the world. Many African States or State agencies have been parties to ICC arbitration in the past. This article considers the extent of African participation in ICC arbitration and the factors which have influenced this participation in the following sections: African acceptance of ICC jurisdiction; African participation in ICC institutions; The appointment of African arbitrators; Africa as a place for ICC arbitration; The cost of ICC arbitration. The last section shows that the participation of African parties in ICC arbitration has substantially increased in recent years at the cost of arbitration by the International Centre for the Settlement of Investment Disputes (ICSID) which can only settle investment disputes between contracting States and nationals of other contracting States. Notes, ref.