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Lagos Chamber of Commerce International Arbitration Centre - LACIACLagos Chamber of Commerce International Arbitration Centre - LACIACLagos Chamber of Commerce International Arbitration Centre - LACIAC
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Victoria Island, Lagos, Nigeria
Lagos Chamber of Commerce International Arbitration Centre - LACIACLagos Chamber of Commerce International Arbitration Centre - LACIACLagos Chamber of Commerce International Arbitration Centre - LACIAC

3rd Edition of LACIAC’s 2019 E-Newsletter

In May 2019, African countries created one of the largest free trade areas in the world after the World Trade organization. As we make history, LACIAC takes a deep dive into the dispute resolution framework of the African Continental Free Trade Area (AfCFTA). We consider pertinent questions including whether sufficient…
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How African Countries Approach ISDS Arbitration: Any Effect on the AfCFTA Investment Protocol?

*Written by Talkmore Chidede Historically, African countries have signed investment treaties, particularly bilateral investment treaties (BITs) to attract foreign direct investment (FDI), as a developmental strategy.  To date, BITs have been executed between African countries (intra-African BITs), with developed countries (traditional/North-South BITs) or with other developing countries outside the continent…
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Protecting the Interest of Private Investors under the AfCFTA Dispute Settlement Mechanism

*Written by Tolu Olatunji Regional trade agreements often encounter some legal uncertainties due to unpredictability, non-compliance, non-transparency, and lack of remedies in instances of breaches.  Private investors and traders are the most likely to be negatively affected and this sometimes makes investors more pensive and doubtful about the markets if…
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African States Launch the Operational Phase of the African Continental Free Trade Area Agreement, Creating One of the Largest Common Markets in the World

*Written by Naomi Tarawali During the African Union’s 12th Extraordinary Summit in early July, the signatory States of the Agreement Establishing the African Continental Free Trade Area (the “Agreement”), which entered into force on May 30, 2019, launched the Agreement’s operational phase. The Agreement is pioneering as a truly pan-African…
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