Ukraine to auction Libya's An-124 Ruslan if Libya fails to pay $1.2 mln of debt for aircraft servicing
Ukraine seeks to auction the An-124 Ruslan heavy transport aircraft belonged to Libya if the country fails to pay a debt of $1.2 million for...
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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.
UniBank case referred to arbitration
An Accra High Court has referred part of the case between the shareholders and the Receiver of uniBank for arbitration...
Unibank drops arbitration plans over BoG takeover
The central bank on Tuesday announced the takeover of the indigenous bank owned by former BOG governor and former Finance Minister Dr Kwabena Duffuor...
Union Fenosa says guarantees not sufficient to restart Egypt LNG plant
CAIRO, Feb 19 (Reuters) - Union Fenosa Gas (UFG) said it had not received sufficient guarantees over a $2 billion payment in ongoing talks with Egypt...
Untold story of the titanic battle between LADOL, SAMSUNG over local content
The Lagos Deep Offshore Logistics (LADOL) Base has accused its partner in the development of the Egina Floating, Production, Storage and Offloading...
UoN faces Sh237m claim from tower contractor
The University of Nairobi is facing a Sh237 million claim from a quantity surveyor who was hired during construction of its Sh2.3 billion tower...
UPDATE 1-Australia's FAR Ltd sees ruling on SNE arbitration by 2019 end
Australian oil and gas explorer FAR Ltd on Wednesday said that a tribunal ruling is expected by the end of 2019 for its arbitration with Woodside...
UPDATE 2-Congo rejects mining industry proposal to soften new law
KINSHASA, March 23 (Reuters) - Democratic Republic of Congo’s mines minister rejected a proposal by mining companies on Friday to soften...
Update on ICSID case against Rwanda
American Miners, Bay View Group LLC and The Spalena Company LLC filed a case before the International Center for the Settlement of Investment Disputes...
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.
Update: Claim against Rwanda at ICSID
On May 24th counsel from Joseph Hage Aaronson LLP, a law firm based in London, submitted two memoranda on behalf of the Rwandan government...
URA, Tullow Oil in fresh tax row
Kampala - Uganda Revenue Authority (URA) is locked in a fresh row with Tullow Oil over Capital Gains tax liability on the $900m...
US court issues $8.89bn default judgment against Nigeria
NAIROBI: The Kenya Revenue Authority (KRA) has raised Sh8.3 billion from the Alternative Dispute Resolution (ADR) mechanism...
US Firm Carlyle Intends to File Suit Against Morocco Over USD 400 Million Debt in SAMIR
The US-based private equity firm Carlyle, is suing the Moroccan government for over USD 400 million in the International Center for Settlement...
US firm demands Sh53bn from Tanzania power supplier Tanesco for breach of contract
US-based Symbion Power has taken Tanzania Electric Supply Company (Tanesco) to the International Court of Arbitration in Paris seeking $561 million settlement...
US investors demand $96m for loss of Rwanda contracts
A group of US investors have taken Rwanda to an international court, seeking compensation of $95 million after the government seized their mining...
Vale Files US$2 Billion Lawsuit Against Former Partner Over Simandou Project
RIO DE JANEIRO, BRAZIL – Brazilian miner Vale said on Wednesday it had filed a lawsuit in the United States to force BSG Resources to pay about US$1.25 billion...
Vedanta appeals to South African court to protect Zambian business
Gaborone - The European Union (EU) has filed a complaint against the Southern African Customs Union (SACU) for what it says is the imposition...