Malawi s AG Thabo Chakaka selected to speak at Africa Arbitration Academy Gala in UK malawivoice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malawivoice.com Daily Mail and Mail on Sunday newspapers.
Prudent African investors and investors within Africa can ensure that their foreign investments are protected from wrongful conduct that the state and its organs can inflict. .
The influx of foreign direct investment into Africa has been reaching new highs, with tens of billions of US dollars pouring into various African countries every year and reaching a record high with US$83 billion invested in 2021. More is yet to come, with US$2.5 trillion worth of infrastructure projects estimated to be completed by 2025 and much of it will come from foreign investors. Many African countries have vowed to promote and protect such foreign investments.
Further to its accession to the New York Convention in 2020 (discussed in our blog post here), Sierra Leone's House of Parliament has approved a new arbitration law.