With foreign investment flowing into Africa, arbitration is becoming a more popular dispute resolution mechanism, especially for investors looking to avoid the long haul of navigating the courts and the associated costs.
The London Court of International Arbitration (LCIA) has reported a notable rise in the involvement of African parties over the past two years, with their representation growing from 4% of the total cases in 2022 to 8% of the 327 cases filed in 2023.
Godwin Omoaka; Templars Law
