News

Egypt yet to pay Shell $1.1Bn in exchange for its shares

The dues owed to British Gas (BG) and Dutch company Shell by the Ministry of Petroleum have increased to $1.1bn, compared to $1bn in April, in return for the partner’s share in the produced gas from El-Borollos and Rasheed fields.

Egyptian athlete handed 2 year suspension

Egyptian javelin thrower Ihab Abdelrahman has been suspended for two years after his B-sample returned positive after further testing in Barcelona.

Egypt’s oil companies plan return to Libya

The Egyptian General Petroleum Corporation (EGPC) and Egypt’s petroleum projects construction company Petrojet are looking to reactivate their presence on Libya.

Enforcement proceeding filed in DC court against Cape Verde

Sterling Merchant Finance Limited has applied for the enforcement PCA award before the DC Court in June.

Equatorial Guinea appears at CAS over Women's World Cup ban

On 6 March, Angola deposited its instrument of accession to the Convention on the Recognition and Enforcement of Foreign Arbitral Awards, commonly known as the New York Convention.

Ethiopia considers new partner in potash mine development

According to Bloomberg, Ethiopia is considering looking for a new partner to help develop a potash mine that was abandoned in 2016 by Israel Chemicals Ltd...

Ethiopia: Sabir Argaw Sees Significant Gains in Court Fighting Wilmar

Sabir Argaw has won a milestone ruling over his business partners, Wilmar, after judges at the Federal High Court passed a verdict yesterday...

Evicted farmers to launch 'international' legal action against Zim

White farmers whose farms were forcibly taken over by supporters of President Robert Mugabe in Zimbabwe say they have "launched a new...

Ex-Bafana coach Mashaba goes to CAS

The matter between former Bafana Bafana coach Ephraim ‘Shakes’ Mashaba and SAFA is now set for arbitration.

Exxon Mobil ordered to pay USD75 billion fine in Chad

A Chadian tribunal has ordered the oil company Exxon Mobil to pay fines of a total value of $74 billion. Almost seven times the GDP of Chad.

Far files Senegal arbitration

Far Ltd. made a request today (20 June) to the International Chamber of Commerce in Paris to start arbitration proceedings to resolve the current...

FDI: the emerging trends in SADC

THE international investment landscape has been shifting over the past two decades. Governments are increasingly realising the potential for foreign direct investment (FDI) to achieve not only economic growth, but developmental objectives as well.

Fed Govt appoints Adenipekun Hague Arbitration Court member

The Federal Government has appointed Mr Adebayo Adenipekun (SAN) as a member of the Permanent Court of Arbitration in The Hague, Netherlands.

First Donkey Abattoir Shuts Down

Just three weeks after becoming operational, the Bishoftu City Administration has shut down the first donkey abattoir, Shandong Dong. Located 48Km away from Addis Abeba...

Focus Now On Magufuli After Ruling On Tanesco

Dar es Salaam — The recent ruling by a World Bank affiliated tribunal, the International Centre for Settlement of Investment Disputes (ICSID) that has ordered the national power firm, Tanesco, to pay Standard Chartered Bank-Hong Kong (SCB-HK) a staggering $148.5 million

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