ALSF successfully assists the Union of Comoros in resolving a long-running dispute with a private operator in the infrastructure sector.

Abidjan, Côte d'Ivoire, 13 March 2024

ALSF successfully assisted the Union of Comoros in resolving a long-running dispute with a private operator over an infrastructure project.

ALSF assisted the Union of Comoros in the out-of-court settlement of a dispute with a private operator who had submitted a request for arbitration claiming a considerable amount before the Court of Arbitration of the International Chamber of Commerce in Paris.

ALSF supported the Government during complex negotiations which culminated in an out-of-court settlement in January 2024. As a result of this agreement, the private party's claims were significantly reduced to a sum affordable to the Government of the Union of Comoros. In addition, the request for arbitration has been withdrawn from the Court of Arbitration.

ALSF at a glance

ALSF was established in 2008 as an international organisation under the umbrella of the African Development Bank. It assists African governments in negotiating complex commercial transactions, providing legal and technical assistance and developing capacity-building tools in the key sectors of infrastructure and public-private partnerships, energy, natural resources and extractive industries, as well as sovereign debt issues and disputes with creditors.

Contact us

Eve EHOURA, Communications Officer: e.ehoura@afdb.org

ALSF website: https://www.alsf.int