Arbitration analysis: In Part 1 of this series, Steven Finizio, Danielle Morris and Katherine Drage of Wilmer Cutler Pickering Hale and Dorr LLP explore the importance of enforcement of arbitral awards to those investing in Africa and the difficulties they face.
IMF--World Economic Outlook: Recovery Strengthens, Remains Uneven (April 2014)AfDB et al--African Economic Outlook 2014.
Africa is a highly attractive target for foreign investment. It boasts six of the world's ten fastest-growing economies (IMF--World Economic Outlook: Recovery Strengthens, Remains Uneven (April 2014)) and one-third of its countries have GDP growth rates of over 6% (AfDB et al). Indeed, recent inflows of foreign direct investment have reached US$80 billion (AfDB et al--African Economic Outlook 2014, p 9). World Bank Group--Investing Across Borders 2010.
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