Prof. Dr. Won Kidane of Villanova's Charles Widger School of Law has published the definitive work on investment law in Africa with Oxford University Press. After outlining the historical and conceptual background, he explains the evolution of investor-state disputes against African countries and shows how substantive principles and norms, such as the rules on (indirect) expropriation, fair and equitable treatment, nondiscrimination, and quantum determination have been applied in the African context and how this is influencing standards around the world. Umbrella clauses play a particular role in this context. In the second half of the book, Prof. Kidane explains the bilateral and regional treaties entered into by African countries and provides his expert opinion about the future of Africa's investment law regime. Overall, the book is not only the most up-to-date and comprehensive resource for investment law in Africa but also a magisterial work on the development and future of investment law in general. If you are a mediator, arbitrator, or advocate dealing with investor-state disputes and dispute settlement, you don't want to miss this excellent book!
Won L. Kidane, Africa's International Investment Law Regimes, Oxford University Press 2023, ISBN 978-01-9774-5571
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