On 1 September 2021, Angola’s National Assembly ratified the International Convention on the Settlement of Investment Disputes between States and Nationals of Other States (ICSID).
L’américain Cobalt Energy a déclaré qu’il ferait recours à un arbitrage international contre le gouvernement angolais si celui-ci ne prolonge pas immédiatement sa licence sur deux blocs en eau profonde.
Enforcement of international arbitral awards will be possible in Angola following the government’s decision to ratify the New York Convention, as it seeks to attract international investment beyond the oil sector.