Arbitral Digest

Matter

EcoDevelopment in Europe AB and EcoEnergy Africa AB v. United Republic of Tanzania (ICSID Case No. ARB/17/33)

Case no.
ARB/17/33
Applicable rules
ICSID Arbitration Rules in force as of April 2006
  1. 13 April 2022Arbitration

    13 April 2022Arbitration

    Award dated 13 April 2022

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal held that it had jurisdiction over the Claimants' claims; found that the Respondent had expropriated the Claimants' investment in breach of Article 4 of the Sweden-Tanzania BIT and had violated its obligation to accord fair and equitable treatment under Article 2(3) of that BIT; dismissed the Claimants' discrimination claims; and ordered the Respondent to pay compensation to the Claimants.

    Supporting details

    6 authorities · 9 participants
    EcoDevelopment in Europe AB
    EcoEnergy Africa AB
    Agro EcoEnergy Tanzania Limited
    Bagamoyo EcoEnergy Limited
    United Republic of Tanzania
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Funke Adekoya
    Tribunal secretary
    Aurelia Antonietti

    Authorities cited

    6
    • Agreement between the Government of the United Republic of Tanzania and the Government of the Kingdom of Sweden on the Promotion and Reciprocal Protection of Investments (Sweden-Tanzania BIT, 1 September 1999)
      statute
    • Convention on the Settlement of Investment Disputes Between States and Nationals of Other States (ICSID Convention, 18 March 1965)
      statute
    • Barcelona Traction, Light and Power Company (Belgium v. Spain) (ICJ Reports 1970, p. 3)
      case-law
    • Ahmadou Sadio Diallo (Republic of Guinea v. Democratic Republic of the Congo) (ICJ Reports 2007, p. 582)
      case-law
    • Salini Costruttori SpA and Italstrade SpA v. Kingdom of Morocco (ICSID Case No. ARB/00/4, Decision on Jurisdiction, 16 July 2001)
      case-law
    • LG&E Energy Corp., LG&E Capital Corp. and LG&E International Inc. v. Argentine Republic (ICSID Case No. ARB/02/1, Decision on Liability, 3 October 2006)
      case-law

Matter record

Report a correction

EcoDevelopment in Europe AB and EcoEnergy Africa AB v. United Republic of Tanzania (ICSID Case No. ARB/17/33) · Matter