This case concerns a dispute submitted to the International Centre for the Settlement of Investment Disputes (“ICSID”) on the basis of the Treaty between the Federal Republic of Germany and the Republic of Ghana for the encouragement and reciprocal protection of investments of February 24, 1995 (the “BIT” or “Treaty”), which entered into force on 23 November 1998, and the Convention on the Settlement of Investment Disputes between States and Nationals of Other States (the “ICSID Convention”). The dispute relates to a cocoa beans processing and trade joint-venture between a German investor and a statutory company established under the laws of Ghana. The joint-venture partners created a company registered in Ghana which took over the assets of an existing factory for the processing of cocoa beans, sheanuts and other related products. The Ghanaian partner supplied cocoa beans to the joint-venture company and the German partner contributed to the modernisation of the factory and purchased the refined products.