Edited by Markus Krajewski and Rhea T. Hoffmann
Chapter 11: Africa
This chapter is concerned with foreign direct investment and international investment law in Africa. It contributes to an understanding of the nature and scope of international investment law in Africa and the role of development in the making of IIAs in Africa. It highlights the role the search for development has played in the conclusion of bilateral investment treaties and continental and regional international investment agreements (IIAs) in Africa. The chapter argues that investment dispute settlement tribunals have an obligation to take account of the development objective in interpreting African IIAs. Furthermore, the chapter explores the historical and political contexts of investment treaties in Africa. The substantive standards of bilateral and continental and regional investment treaties in Africa as well as national investment laws and policies in Africa are examined.
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