Second Sovereign Debt News Update
A Flurry of African Sovereign Debt News brings to you regular updates on events and happenings in Africa that reveal how sovereign debt issues are engaged by the various stakeholders.
Stand-Alone Posts
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Transformations of Human-Environment Interactions to Sustainable Development (TRANSFORM): Call for PhD Applications
Our cohorts will be trained in transdisciplinary methods, enabling them to draw on skills from multiples disciplines and work effectively and equitably with non-academic partners to deliver impactful sustainable development research.
The EU’s Vaccine Export Controls Negate its Self-interest, International Solidarity and International Law
Although the Regulations commendably exempt ninety-two countries, their restrictions still apply to many upper-middle income countries, such as South Africa, which is not only relatively poor but is battling with one of the most contagious variants of the virus. The Regulations also do not exempt a country like Canada, which despite its relatively ample resources, does not yet manufacture its own vaccines and is home to particularly vulnerable indigenous peoples, especially in its Northern and polar regions.
A Flurry of African Sovereign Debt News
A Flurry of African Sovereign Debt News brings to you regular updates on events and happenings in Africa that reveal how sovereign debt issues are engaged by the various stakeholders.
News: 2.14.2021
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.
Book Launch: The Performance of Africa's International Courts (OUP, 2020) Edited by James T Gathii.
February 15, 2020
Reflections on the 6th Afronomicslaw Academic Forum Guest Lecture delivered by Professor Mohsen al Attar
This post-lecture reflection captures critical discussions from the 6th guest lecture of the Academic Forum delivered by Professor Mohsen al Attar, Dean of the University of West Indies Law School. The theme of the guest lecture was 'Decolonisation of International Economic Law'. Focusing on five tenets - capitalism, epistemology/knowledge, colonialism, international law and political economy – which Professor Mohsen used as a frame to foreground his analysis, this piece, explores the prospects and challenges of decolonising International Economic Law. In keeping with the Academic Forum's focus, it is argued that uncritical/Eurocentric approaches to teaching IEL in African universities hamper efforts to decolonise our epistemologies. In exploring alternate ways to re-frame, the global economic order, this piece also highlights the idea of 'social justice' as a valuable metric of development, i.e. socio-economic equity that raises the standard of living to the greatest extent relative to each of our circumstances.
Snapshot of Kenya's External Debt Over the Last Decade
The disclosures on Kenya's sovereign debt indebtedness so far indicate that there could very well be examples of hidden debt - particularly sovereign debt that may not be publicly or dully disclosed particularly to Parliament. This together with Kenya's increasing indebtedness means that Kenya's Parliament and civil society groups like the African Sovereign Debt Justice Network and OKOA Uchumi must carefully scrutinize as well as the 2021 National Debt Management Strategy Paper and all the accompanying disclosures. Kenya's Parliamentary Budget Office has recently noted that increased interest payments on debt have reduced spending on development and recommended rescheduling of domestic debt.