The Investment Powerhouse
In recent years, the United Arab Emirates (UAE) has significantly ramped up its foreign direct investment (FDI) in Africa, and has emerged as the fourth-largest foreign direct investor on the continent after China, the European Union and the United States.
In an article published by The Oath, Nabeel Ikram, Ilham Kabbouri and Bella Dunk* highlight the UAE’s ambitions in Africa and the safety nets of bilateral investment treaties which aim to boost FDI on the continent.
In this article, the authors provide both a snapshot of the statistics highlighting the economic ties between the UAE and Africa and an introduction to the investment protection framework available to UAE companies looking at investing on the continent.
Read the full article on The Oath.
*Bella Dunk is a trainee solicitor in the Dubai office.
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This information is provided by Vinson & Elkins LLP for educational and informational purposes only and is not intended, nor should it be construed, as legal advice.