Debt recovery in Africa

By Peer Besselaar11.04.2025

African countries have obviously experienced economic growth over the past 20 years. While this means that companies tend to be satisfied with the current economies and optimistic about the future, mounting domestic challenges have taken center stage. Complex local regulatory policies, different legal climates, unstable regimes and the lack of reliable financial business information and resources are some of the well known difficulties.

With agencies and local presence in more than 40 countries in the Sub Saharan and North African region, Soundclaims is a leading and unique debt collection organization providing insurance claim investigation and debt recovery services in Africa.

We understand that speed is of essence. Our case managers are there to adequately update you. Quickly, effectively and with pragmatism. Our lines of communication are short and transparent so the client knows where it stands. As most recovery matters are extremely time-sensitive, we apply a strict timeline format ensuring our clients receive regular updates and assignments are expedited and settled accurately.

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Tanzania’s Smart Solution for Disputes

Arbitration has become a vital alternative dispute resolution (ADR) mechanism in Tanzania, providing a swift, private, and economical method for settling disagreements outside the formal court system. It is governed by the Arbitration Act and the Civil Procedure Code.

This process is increasingly important across various sectors, including commercial, construction, labor, consumer, and environmental disputes. The core aspects of arbitration involve the agreement between parties, the selection of arbitrators, the management of the proceedings, and the final decision (award).

Key principles include maintaining confidentiality, ensuring fairness, and guaranteeing impartiality. Arbitral awards are legally recognized and enforceable.

With its robust legal framework and commitment to international standards, Tanzania is an appealing location for both local and global arbitration, offering a dependable and specialized platform for resolving conflicts. For more information, contact us.

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