Africa and the rethinking of international investment law: About the elaboration of the Pan-African investment code

• Main Authors: MBENGUE, Makane Moise, SCHACHERER, Stefanie
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2018
• Subjects: Africa; Innovation; International investment agreements; Reform; Sustainable development; African Studies; International Trade Law
• Online Access: https://ink.library.smu.edu.sg/sol_research/3964
• Institution: Singapore Management University

This chapter seeks to present and to contextualize the Pan-African Investment Code (PAIC) by taking a comparative international law approach. Such approach allows us to assess whether the PAIC is an Africa-specific instrument and whether it is unique today in how it incorporates sustainable development concerns. This is particularly interesting for the ongoing global reform process of international investment law. The chapter is divided into five main sections. Section II provides an overview of international investment agreements concluded by African States. Section III presents the origins of the PAIC. Section IV addresses the important question as to what extent the PAIC incorporates traditional investment standards or breaks with them. Section V explores the most innovative aspects of the PAIC. Section VI examines the PAIC and dispute settlement.