Stand-Alone Posts

The African Sovereign Debt Justice Network, (AfSDJN), is a coalition of citizens, scholars, civil society actors and church groups committed to exposing the adverse impact of unsustainable levels of African sovereign debt on the lives of ordinary citizens. Convened by Afronomicslaw.org with the support of Open Society for Southern Africa, (OSISA), the AfSDJN's activities are tailored around addressing the threats that sovereign debt poses for economic development, social cohesion and human rights in Africa. It advocates for debt cancellation, rescheduling and restructuring as well as increasing the accountability and responsibility of lenders and African governments about how sovereign debt is procured, spent and repaid. Focusing in particular on Kenya, Zambia, Zimbabwe, Mozambique, Nigeria and Senegal, the AfSDJN will also amplify African voices and decolonize narratives on African sovereign debt . Its activities include producing research outputs to enhance the network’s advocacy interventions. It also seeks to create awareness on and elevate the priority given to sovereign debt and other economic justice issues on the African continent and beyond throughout 2021.

The News and Events category publishes the latest News and Events relating to International Economic Law relating to Africa and the Global South. Every week, Afronomicslaw.org receive the News and Events in their e-mail accounts. The News and Events published every week include conferences, major developments in the field of International Economic Law in Africa at the national, sub-regional and regional levels as well as relevant case law. News and Events with a Global South focus are also often included.

The News and Events category publishes the latest News and Events relating to International Economic Law relating to Africa and the Global South. Every week, Afronomicslaw.org receive the News and Events in their e-mail accounts. The News and Events published every week include conferences, major developments in the field of International Economic Law in Africa at the national, sub-regional and regional levels as well as relevant case law. News and Events with a Global South focus are also often included.

Creditors’ motivations appear to be mixed. While reputational benefits and international commitments are primary drivers, more pragmatic interests, such asthe opportunity to redeem discounted loans above market rates, also play a role. Asignificant finding is that most respondents feel their countries lack agency in DNS operations. The survey also indicates skepticism about DNS’s effectiveness inreducing sovereign debt, although respondents acknowledge its potential foraddressing environmental challenges. Transparency emerges as a major concern. Respondents consistently describe DNS transactions as opaque or minimally transparent, with local communities rarely, if ever, involved in the process. While DNS is not widely endorsed as either a preferred debt restructuring tool or climate finance mechanism, respondents do recognize its limited but meaningful role, particularly in environmental initiatives.

This report critically examines the trends and drivers of the debt-for-nature swap (DNS) in Africa, including its design frameworks, challenges, and potential, as currently implemented, and outlines the specific design principles for a fit-for-Africa DNS.

Join a Transformative Training at the Intersection of Climate Justice, Economic Sovereignty, and Global Governance. Afronomicslaw invites applications for an in-person Masterclass on climate finance and economic justice training taking place in Accra, Ghana.

The News and Events category publishes the latest News and Events relating to International Economic Law relating to Africa and the Global South. Every week, Afronomicslaw.org receive the News and Events in their e-mail accounts. The News and Events published every week include conferences, major developments in the field of International Economic Law in Africa at the national, sub-regional and regional levels as well as relevant case law. News and Events with a Global South focus are also often included.

Le Forum académique d’Afronomicslaw est un réseau réunissant des étudiant.e.s, de jeunes chercheur.euse.s ainsi que des praticien.ne.s en début de carrière, animé.e.s par un intérêt marqué pour le droit international économique appliqué à l’Afrique et au Sud global. À travers un programme annuel structuré, le Forum propose un large éventail d’activités destinées à favoriser l’épanouissement intellectuel et professionnel de ses membres. Dans ce cadre, le Bureau Exécutif pour l’Afrique de l’Ouest, instance dirigeante du Forum dans la région, lance un appel à candidatures en vue de constituer sa deuxième cohorte.

The Afronomicslaw Academic Forum is a network of students, early-career researchers, and early-career practitioners interested in International Economic Law as it relates to Africa and the Global South. The Forum coordinates a wide range of activities to support the professional development of members over the course of one (1) year. The West African Executive Board, which is the leadership of the Forum in West Africa, is looking for students, early-career researchers, and early-career practitioners from the whole West African region who are passionate about international economic law to join the Forum as part of its second cohort.

The African Youth Essay Competition, organized by AfCFTA Dialogues, aims to promote awareness and foster the exchange of ideas about the African Continental Free Trade Area (AfCFTA) and African development. In commemoration of African Integration Day, the inaugural edition in 2024 engages young Africans in discussions on the significance of the AfCFTA, with a focus on advocating for the free movement of Africans within the continent to facilitate economic integration and drive sustainable development.