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The African Renaissance in the Age of Globalization: What Role for International Investment Law?

Edited by: Valentina Vadi, Saudin Mwakaje, Tarcisio Gazzini

ISBN13: 9781009611794
To be Published: October 2026
Publisher: Cambridge University Press
Country of Publication: UK
Format: Paperback
Price: £42.00





Foreign investments may play a pivotal role in promoting the sustainable development of Africa. This book charts Africa's investment law revolution through the lens of the continent's Renaissance. It provides a rigorous and critical examination of how the continent is reshaping the rules of engagement. In many respects, African States and organizations have been extremely proactive and innovative in reforming investment treaties. They have continuously sought to strike a balance between, on the one hand, the effective protection of foreign investments, both in substantive and procedural terms, and, on the other hand, the legitimate exercise by the host State of its regulatory powers. These efforts have resulted in legal instruments that now feature important provisions on environmental protection, human rights, corporate social responsibility, labour standards, and public health.

Subjects:
Other Jurisdictions , Africa, International Investment Law
Contents:
1. The African renaissance and international investment law
Valentina Vadi
2. Can international investment agreements advance the UN's sustainable development goals?
José Enrique Alvarez, Herbert and Rose Rubin

Part I. African Treaty and Arbitral Practice: Africanizing International Investment Law?:
3. Investor obligations in investment treaties: the new African practice and embedded liberalism
Prabhash Ranjan
4. Advancing a global south-oriented reform of the international investment regime
Gideon Odionu
5. The transformative potential of the protocol on investment in the African continental free trade area
Francesco Seatzu and Paolo Vargiu
6. Dealing in power: African arbitrators as gatekeepers of change?
Sergio Puig and Valentina Vadi
7. The principle of non-discrimination in international investment law: friend or foe for African states in the context of African renaissance?
Michail Risvas

Part II. Permanent Sovereignty: Balancing Rights and Duties between Post-colonialism and Regionalism:
8. Permanent sovereignty, foreign direct investments, and the regulation of common concerns in Africa
Dominic Npoanlari Dagbanja
9. Putting permanent sovereignty over natural resources to the test of investment contracts: the quest for a balance between the protection of foreign direct investments and the emancipation of African peoples
Sondra Faccio and Marco Pertile
10. Africa's approaches to international trade and investment law and policy: reflections on key drivers and priorities
Franziska Sucker

Part III. Attracting Foreign Investment in the Health Sector:
11. Sustainable foreign investment in the African health sector through international law after the COVID-19 pandemic
Pia Acconci
12. Examining the regulatory rights under African BITs in the context of the African renaissance: a call for reform
Isaias Teklia Berhe
13. Attracting investments in Africa's pharmaceutical market: challenges and opportunities
Roberto Isibor, Caterina Coroneo and Angelo Forte

Part IV. Foreign Investments in Africa and Common Concerns:
14. The protection and status of investments in areas controlled by rebels and parallel governments in Africa
Ahmed Abdel Akam
15. Digitizing microfinance loans in Africa: investing in women transforming lives
Phyllis Livaha
16. The role of sovereign wealth funds in promoting Africa's (Sustainable) development
Marco Argentini
17. Legal protection and sustainability of Chinese investments in Africa
Xiuli Han
18. Protecting African cultural interests in international investment law: still a long way to go?
Rimdolmsom Jonathan Kabré
19. From protection to prosperity: advancing African intellectual property rights to attract investments under the AfCFTA
Saudin Mwakaje
20. The African renaissance from the standpoint of the legal protection of foreign investment: some conclusions
Tarcisio Gazzini
Index