Abidjan, Côte d’Ivoire, 29 June 2018—The African Legal Support Facility (ALSF) hosted a conference on Arbitration in Africa, and the launch the African Arbitration Association (AfAA) in Abidjan, Côte d’Ivoire.
AfAA was created by all arbitral institutions in Africa. There are currently 71 of such institutions in Africa, all of which are part of the association. AfAA was founded for the purpose of promoting the development of international arbitration and other forms of international dispute resolution on the African continent.
Speaking on behalf of the AfDB Acting General Counsel, Anne Marie Mecca observed that by creating the AfAA, arbitral institutions can have a forum where they pool their resources to coordinate efforts toward promoting arbitration and foster growth. Through sharing experiences, learning lessons from similar bodies, adopt best practices, work towards instilling public confidence in African institutions. In his opening remarks, the ALSF Director, Stephen Karangizi commended all the eminent of arbitration practitioners that have continued the efforts to establish a forum, and further reiterated, ALSF’s commitment to promote commercial law development in Africa. “This conference presents a unique opportunity to reflect on the past but more importantly, provides the latitude to discuss on how best we can harness our resources to continue playing a critical role in delivery of commercial justice in years to come”, he added.
The establishment of the AfAA deeply aligns with the ALSF’s objectives of advocating for arbitration in Africa; creating awareness campaigns to advance the use of arbitration; and building relevant capacities among members of arbitration in Africa.
The African Legal Support Facility is an international organization hosted by the African Development Bank Group. The Facility is dedicated to providing legal advice and technical assistance to African countries in their negotiation of complex commercial transactions, creditor litigation and other related sovereign transactions. The ALSF also develops and proposes innovative tools for capacity building and knowledge management.
Contact: Timothy Wasswa Kabugo, African Legal Support Facility, email@example.com
About the African Development Bank Group
The African Development Bank Group (AfDB) is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 44 African countries with an external office in Japan, the AfDB contributes to the economic development and the social progress of its 54 regional member states.