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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:OHADA: as a base for Chinese further investment in Africa
Author:Zhu, WeidongISNI
Year:2009
Periodical:Penant: revue de droit des pays d'Afrique
Volume:119
Issue:869
Pages:421-428
Language:English
Geographic terms:Subsaharan Africa
French-speaking Africa
China
Subjects:OHADA
commercial law
foreign investments
Abstract:This article first describes the background to the establisment of OHADA (Organisation pour l'Harmonisation en Afrique du Droit des Affaires) in 1993 and discusses the achievements it has made to date. Then it analyses the benefits of OHADA for Chinese investment in Africa. Most member-States of OHADA are located in western and central Africa, an area rich in natural and mineral resources. Since the creation of OHADA these States apply the same commercial laws, which makes it easier for foreign investors to do business in these countries. Furthermore, investment in OHADA countries will help foreign investors to extend their business to northern, eastern and southern Africa. China and most OHADA member-States share the civil law tradition and their commercial laws are similar. Finally, both China and OHADA emphasize the role of arbitration in resolving commercial disputes. The author concludes that Chinese investors should have some knowledge of OHADA legislation in order to make full use of its provisions. Notes, ref., sum. in French. [ASC Leiden abstract]
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