A Lesson In The Timeous Institution Of Arbitration Proceedings

Arbitration is steadily on the rise in the developing world.¹ More interesting is that this growth seems to be centered around Africa, or, at least, African parties. The reasons are no doubt compound, but one reason is that Africa is slowly on the rise, economically speaking, and which leads to a high propensity for friction between businesses and people required resolutions. Many African states are saddled with the perception (valid or not) of an inefficient and ineffective justice system which inevitably leads to some disputes being referred to private arbitration.

This Article aims to explore arbitration and highlight the importance of instituting arbitration proceedings on time and in compliance with the agreement upon which a particular dispute is based.