International Economic Law

Following the conclusion of the four-part Symposium on COVID-19 and International Economic Law in the Global South, Afronomicslaw.org is pleased to announce three follow-up webinars to continue the conversation

LDCs are inadequately equipped to manage the socio-economic impacts of the Covid-19 pandemic; these countries have not even effectively curbed environmental pollution yet. The sustainable development goals strategies did not envisage such a pandemic and this is causing many governments to lose sight of how to manage their economic regressions. The national governments and international community therefore have to be more vigilant and proactive in ensuring that the battered global economy stabilizes after the pandemic.

Investors have shown time and time again that they will not hesitate to challenge regulatory measures not matter what a states’ underlying intent is. Only when the COVID-19 dust has settled will it be known which states had robust, well-crafted COVID-19 regulatory measures that can survive investor claims.

Afronomicslaw.org is pleased to introduce the Afronomicslaw Academic Forum and to welcome a New Editor and three contributing editors effective immediately.

The best ways to tackle any disease are often scientific, whether based on modern, Western-style medicine, or the traditional methods of our forefathers. In both cases, an ailment was observed, a treatment proposed, and if successful, adopted, with the less effective ones being relegated to the realm of pseudoscience at best. The African continent-wide economic integration project has been in motion in one form or other since the 1950s (some might argue earlier). Now, more than ever, is the time to take an honest look at our history and consider whether, based on the depth of integration of our economies, we are on the right track, or whether we need to consider a different approach. We should use the postponed operationalisation of the AfCFTA to consider how best to implement the ideals that have been negotiated the last couple of years, and not serve as a harbinger of another shelved idea.

On the 24th of March 2020, the African Export-Import Bank (Afreximbank) announced a US$3 billion facility to help its member countries weather the economic and health impacts of Covid-19. In this interview, Prof Ben Oramah, President Afreximbank, discusses this pandemic facility, the African Continental Free Trade Area, (AfCFTA) and more.

Welcome to this symposium on COVID-19 and International Economic Law in the Global South. The essays in this symposium came from Africa, Asia, Europe, the Middle East, the Caribbean, North America and Latin America. This symposium will last for a full four weeks because of the large number of good quality submissions we accepted.

Students who study law at the National University of Lesotho (NUL) participate in various moot court competitions involving a wide array of legal fields. One example is the John H. Jackson Moot Court Competition. NUL has taken part in this competition on four occasions- twice making it into the international final round. There are several challenges to teaching International Economic Law (IEL) at NUL (these have been traversed in an earlier piece). However, participation in moot court competitions has proved to be a novel way of overcoming some of these challenges.

“Africa’s riches” include its law students, and Africa has the means to unleash that resource for its own benefit and the world’s. To close the circle and exhort the law students and young lawyers of Africa: seize the opportunities, face the challenges, and remember, Nelson Mandela’s words; I never lose. I either win or learn.

Supporting moot court competition through funding initiatives is one way to offer support. Another way is to offer knowledge and expertise on substantive law as well as presentation skills.