A REVIEW ON DUAL NATIONALITY INVESTMENT TRENDS IN GHANA AND OTHER AFRICAN COUNTRIES
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Abstract
As globalization persists, there is an increasing presence of international investment treaties on the agendas of numerous African leaders, reflecting the interconnectedness of the global economy. African nations seek to instil investor confidence and provide legal protection for investments by endorsing these treaties. Additionally, the objective is to mitigate the occurrence of dual taxation for foreign corporations. Similar to numerous other African nations, Ghana has engaged in bilateral investment treaties (BITs) and other international agreements that specifically deal with the handling of individuals who hold dual nationality. The structural composition of these provisions may vary across different treaties. This paper examines the important aspects pertaining to investment treaties in Ghana. When formulating regulations regarding dual nationals in their investment treaties, other African countries should take into account similar factors. Nonetheless, one must note that no universally applicable method exists, as the composition of these regulations might differ significantly across African countries. The present research examines the trends and variances under discussion.
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