Afronomicslaw Sovereign Debt Quarterly Brief No. 9, 2026: Financing for Development (FfD) and Debt Mechanisms: Why Seville Failed the Global South

The report critically reviews the failure of major debt restructuring initiatives between 2015 and 2025 to demonstrate the severity and persistence of the debt crisis and to situate Seville as a missed opportunity for reform. It then analyses what the Outcome Document does and does not achieve on sovereign debt and financial architecture, concluding with recommendations for post-Seville reform. Drawing on dependency theory and a political economy framework, the paper shows how existing power asymmetries, institutional incentives, and global financial structures continue to constrain effective debt solutions for the Global South.

Call for Papers: Decolonial Comparative Law & the Informal/Formal Economy - Cameroon 2027

Organised in partnership with the Fondation Afric’Avenir, this edition seeks to rethink the divide between the formal and informal economy through a decolonial comparative legal approach. It also aims to contribute to the consolidation of a decolonial comparative law community across the African continent and beyond. The overarching theme of the 2027 edition is decolonial comparative law and the informal/formal economy. The workshop takes the informal economy seriously as a site of legality in its own right, examined through a decolonial and comparative lens attentive to legal pluralism and situated practices.

Afronomicslaw Quarterly Report Launch: Financing for Development (FfD) and Debt Mechanisms

Using the dependency theory and a political economy framework to analyze the FfD4 Outcome Document, this paper provides a brief critical review of the ineffectiveness of debt restructuring initiatives over the past decade (2015–2025). The paper shows how dire the debt crisis has been and continues to be, and how Seville was a missed opportunity to change course. Importantly, it critically analyzes what Seville managed “to do and did not do” on debt and international financial architecture provisions in the Outcome Document and concludes by providing recommendations to strengthen them in a post-Seville.

South Africa’s Exit from the FATF Grey List: A Victory for Institutional Reform, But Not the End of the Journey

On 24 October 2025, the Financial Action Task Force (FATF) removed South Africa from its grey list of “Jurisdictions under Increased Monitoring,” marking the end of 32 months of enhanced scrutiny. This delisting marks a significant milestone in South Africa's efforts to strengthen its anti-money laundering and counter-terrorism financing (AML/CFT) framework. Still, it also signals the start of a new phase that will require sustained commitment to financial integrity.

Symposium: Assessing the First Years of Implementation of the AFCFTA: Challenges and Opportunities — The Guided Trade Initiative: An Appraisal of AfCFTA National Implementation Vehicles

The African Continental Free Trade Area (AfCFTA) is the world’s largest free trade area in terms of the participating countries since the formation of the World Trade Organization (WTO). The AfCFTA Agreement brings together 55 African Countries who are contracting member states to the 8 existing Regional Economic Communities in Africa, including the newly formed Alliance of Sahel States (former members of ECOWAS). As of September 2024, 54 of the 55 AU member states have signed the AfCFTA Agreement and 47 have ratified the Agreement. The AfCFTA aims to create a single market for trade in goods and services and allow free access to tradeable commodities across the continent. Although the AfCFTA is not fully operational, meaningful commercial trading has been envisioned through the Guided Trade Initiative (GTI). The GTI is a pilot project that tests the operational, institutional, legal and trade policy environment of the AfCFTA.

Symposium: Assessing the First Years of Implementation of the AFCFTA: Challenges and Opportunities — A Critical Analysis of Dispute Resolution under the African Continental Free Trade Area (AfCFTA) Regime

Dispute settlement is a central tenet of any economic block as it provides the necessary security and predictability for the state parties. The Architecture of the AfCFTA is reflective of these principles as the AfCFTA Agreement has introduced a rules-based dispute settlement regime which mirrors the WTO’s Dispute Settlement Understanding. The success of the AfCFTA is highly dependent on the effectiveness of the dispute settlement mechanism. In considering the Dispute Settlement Mechanism (DSM) of the AfCFTA this piece highlights the salient features of the DSM and explores some of the challenges that should be anticipated. This piece fronts the argument that the AfCFTA should have diverged from the traditional dispute settlement mechanisms adopted by the WTO. Further, it attempts to answer the question on whether African States will utilize the DSM given the current status quo of the dismal use of the WTO’s DSM.

African Society of International Law (AfSIL) 15th Annual Conference (Kigali, 2026) | Call for Papers

The conference seeks to provide a rigorous, practice-oriented forum for interrogating foundational questions in reparation in international law. How have international courts and tribunals conceptualized the forms, functions, and limits of reparation? What distinctive insights and claims emerge from African experiences with historical and contemporary injustice, including colonialism, slavery, apartheid, and serious human rights violations? And how might African perspectives continue to shape the progressive development of international law in this area?

VIDEO: The AfronomicsLaw Academic Forum (West Africa) Lab Series No. 3 - Trade Policy Is Not Just for Policymakers with Mishael Wambua

Fireside Chat on Trade Policy and Regional Integration: Trade Policy Is Not Just for Policymakers The session was a fireside chat titled "Trade Policy Is Not Just for Policymakers", facilitated by Mishael Wambua, Component Lead at GIZ Support Programme for Africa Continental Free Trade Area (AfCFTA). He discussed the importance of fostering an awareness of trade policy and regional integration in Africa.

Sovereign Debt News Update No. 156: Africa’s Growth, Debt, and Development: A Critical Analysis of South Africa’s G20 Report

In December 2024, South Africa assumed the presidency of the G20, a position which ended on 30th November 2025. Addressing the issue of debt sustainability was highlighted as a key priority of the presidency. During its tenure, South Africa has taken steps such as the G20 Ministerial Declaration on Debt Sustainability in October 2025. The Expert Panel has also released its report titled ‘Growth, Debt and Development: Opportunities for a New African Partnership’ in which it addresses the issue of sovereign debt in Africa and provides guidance to South Africa’s G20 Presidency on the collective measures required to unlock the continent’s global development potential. This Update will outline the background to the report within the context of the G20, particularly South Africa’s presidency thereof, and analyze its key propositions, with particular attention to whether it offers realistic pathways to debt sustainability in Africa, or if gaps remain.