ESQ Legal Practice Magazine JUNE 2014 EDITION | Page 24

ICAMA CHARTS FUTURE FOR ARBITRATION IN AFRICA F oremost arbitration centre in Africa, the International Centre for Arbitration and Mediation, Abuja (ICAMA) recently collaborated with the Ministry of Justice to chart the path for growing practice of arbitration in Africa. The two-day event in Abuja provided an opportunity for the stakeholders in attendance to celebrate the successes of arbitration in Africa, dissect the challenges facing it and project its prospects as arbitration takes firmer root in law practice in the continent. Given the growing popularity of arbitration in Nigeria and the leading role ICAMA has been playing, the gathering was of who-is-who in the legal circle in Nigeria, with their 24 I EsQ legal practice Legal pundits have argued that there is the need for stakeholders to articulate the advantages of arbitration in resolving disputes and the imperative of making use of arbitration centres in Nigeria and other African countries. TONY AMOKEODO reports. counterparts in other parts of the world joining them to speak to a fitting theme “Promoting Arbitration in Africa.” ICAMA Chairman and Convener of the roundtable, former Attorney General of the Federation (AGF) and Minister of Justice, Chief Bayo Ojo (SAN) while welcoming participants to the first biannual roundtable noted that, “The dilemma facing arbitration in Africa is that most disputes, even those involving African states or parties, are arbitrated in the major cities of the West. Most contracts choose London, Paris or New York as the venues for arbitration. Even when domestic venues are chosen, which is rarely, Western rules and arbitrators are almost always chosen. This does little to promote the African cities as arbitral venues”. The Attorney-General of the Federation and Minister of Justice, Mohammed Bello Adoke (SAN) in his admonition to the gathering, urged the participants to proffer workable solutions to the myriad of challenges facing arbitration in the continent, while pledging government of Nigeria's deep commitment and interventions when and as required. www.esqlaw.net