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-based Symbion Power has taken Tanzania Electric Supply Company (Tanesco) to the International Court of Arbitration in Paris seeking $561 million settlement...
A group of US investors have taken Rwanda to an international court, seeking compensation of $95 million after the government seized their mining...
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...
Gaborone - The European Union (EU) has filed a complaint against the Southern African Customs Union (SACU) for what it says is the imposition...
Vedanta Resources Ltd., owned by Indian billionaire Anil Agarwal, said it’s seeking international arbitration to resolve a dispute with the Zambian...
Veolia, the giant French corporation which operates in Australia and world-wide, has finally lost its claim against Egypt over a waste management...
French water and waste giant Veolia is to seek World Bank arbitration in a bitter dispute after Gabon cancelled its contract, the group said Friday...
The Center for Arbitration and Dispute Resolution (CADER) Uganda has dragged the Attorney General to court seeking government to do away...
The over two years of dispute between the West African Ventures (WAV), a 100 per cent Nigerian company and Sea Truck Group (STG), a British Virgin...
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
President Uhuru Kenyatta chairs a meeting with Kenya Joint Venture Partners comprising of Tullow Oil, Africa Oil Corporation and Total, Turkana county...
Dar es Salaam — The government has declared Acacia Mining 'unwanted' and has written to the company's mines in the country to alert them of the decision...
The federal government has explained the legal proceedings which resulted in a default decision for the enforcement of the payment of $6.59 billion...
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.
An Ethiopian Appellate Court has ordered Wilmar, a Singaporean company, to pay 370 million Br as security to continue its litigation against Sabir Argaw...
Egyptian company executing a number of health facility projects in the country – Euroget De Invest – has filed an application to stay proceedings...
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.
FAR Ltd chief executive Cath Norman insists the junior explorer won't be bullied by Woodside Petroleum, its major partner in a $US2 billion ($2.7 billion) oil project in Senegal, into dropping its claim over pre-emptive rights in the venture even as the partners approach crucial negotiations over funding.
Tanzania has been ordered by a World Bank arbitration court to pay $185 million to the Hong Kong subsidiary of Standard Chartered for breaching...
International Finance Corporation (IFC), the private lending arm of the World Bank Group, has dragged indigenous Ghanaian company Quantum Oil Terminals...