Legal harmonization is an essential step to encouraging foreign investment in Africa and the development of sustainable pan-African trade. This book explains the new system of law now being developed and promoted by OHADA (Organisation pour l'Harmonisation en Afrique du Droit des Affaires). The book offers an overview of the aims and achievements of the OHADA system and explains in depth the legislation that has been issued to date. The chapters deal a.o. with general commercial law, commercial companies and economic interest groups, accounting law, collective proceedings for the clearing of debts, securities, simplified recovery procedures and enforcement measures, and arbitration law.