News

Tullow hints at Kenya oil wells sale after Uganda deal with Total

British explorer Tullow has hinted at a possible sale of shares in its Kenyan oil wells after selling slightly over a fifth of its stake

Tunisia and Somalia apply to join COMESA

The Common Market for Eastern and Southern Africa (Comesa) is considering admitting Somalia and Tunisia into the bloc.

U.S. firm Cobalt threatens arbitration over Angolan oil assets

A Swiss court ordered Egypt to pay $2 billion on Friday to a state-run Israeli electricity company as compensation for suspended gas shipments due to frequent...

Uganda issues oil production licences, targets 2020

Uganda on Tuesday issued oil production licences to the French group Total and British company Tullow. Energy Minister Irene Muloni said first oil production is now expected in 2020.

Uganda, Kenya Failed Railway Deal - RVR Chief

Uganda and Kenya failed the "logistical eco-system" that led to the problematic railway operations by Rift Valley Railways (RVR) and consequently the back to back termination of...

UK Court sets aside charging order against Nigeria

In a judgment issued this month, the English High Court has set aside a charging order enforcing an arbitral award and related foreign judgment made against the Federal Republic of Nigeria.

UN Court to Hear Kenya-Somalia Maritime Border Dispute

The U.N. International Court of Justice said Thursday that it would hold hearings this year on a maritime border dispute between Somalia and Kenya.

UNCTAD releases Investor-State Dispute Settlement: Review of Developments in 2016

The IIA Issues Note reviews developments in treaty-based investor-State dispute settlement (ISDS) in 2016. It contains an overview of cases initiated in the past year, overall case outcomes and an in-depth analysis of arbitral decisions.

Update on PCA award challenged in Ethiopia

I-Arb Africa has secured the dissenting opinion and document filed for the challenge to a €20 million PCA award made in favor of the Claimant, Consta Joint Venture, before Ethiopian courts.

West African company wins arbitration dispute

Avesoro Resources Inc. the TSX and AIM listed West African gold producer, is pleased to advise that further to the announcement issued by the Company on 8 December 2015

Will new law attract more foreign investment to Egypt?

Egypt has finally come out with the much-anticipated new investment law, raising debate among economists about whether the amendments introduced to the law would lure more foreign direct investment (FDI) to the country.

Willmar Faces 370m Br in Appellant Security against Appeal Dismissal

An Ethiopian Appellate Court has ordered Wilmar, a Singaporean company, to pay 370 million Br as security to continue its litigation against Sabir Argaw...

Woodside completes Senegal deal, FAR disputes it

Exploration firm Far Ltd. has disputed announcements by both Woodside Petroleum and ConocoPhillips that a deal between the two firms over assets in Senegal has completed.

World Bank’s IFC, OPEC Fund drag Ghanaian firm to London court

International Finance Corporation (IFC), the private lending arm of the World Bank Group, has dragged indigenous Ghanaian company Quantum Oil Terminals...

Woyome drags Ghana to International Court of Arbitration

The International Court of Arbitration has acknowledged receipt of a request from embattled Ghanaian businessman Alfred Agbesi Woyome to arbitrate in the controversial...

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