The international adjudication of investor-state disputes is at a crossroads. Since 2017, negotiations have been underway at UNCITRAL for the reform of the current system of dispute settlement, what is typically called ISDS. Different visions of the reformed version of ISDS have emerged. At one end of the reform pendulum is systemic reform, at the other end there is the option of incremental reform, while in the middle there is an option of a combination between incremental reform and systemic reform. Finally, there is an option to move beyond reform and dismantle ISDS.
We invite you to join a global team that currently works on more than 400 operations for a total value of USD 75 billion, and produces world-class research and knowledge focused on achieving sustainable infrastructure solutions that build better lives in developing and emerging economies.
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.
Electricity market structures come in different shapes and forms. Many have given rise to new players, particularly in power generation. Private participation brings advantages but also challenges to a sector that cannot be looked upon in isolation from the broader macroeconomic perspective. What are those advantages and challenges? How do they play out in Sub-Saharan Africa? Contingent liabilities have become a buzz word around infrastructure project development, but what exactly are they and how concerned should governments be? And most importantly, what can be done to tackle them?
Based on a careful analysis of historical and contemporary capitalism in Zimbabwe, it has been shown that money and foreign currency management is deeply political. Hence, instead of being applicable to emerging markets only, there is a case for extending Alami’s work to developing countries in general. Alami’s book is highly recommended to anyone interested in understanding the functioning of money, finance, and indeed the logic of foreign exchange policies in sub-Saharan Africa.
August 20, 2021
ABOUT THE WBG AFRICA FELLOWSHIP PROGRAM
The African Sovereign Debt Justice Network brings to you an update of African sovereign debt news and updates on events and happenings on and about Africa that reveal how sovereign debt issues are engaged by the various stakeholders.
The ANRC's volume on 'Rethinking Land Reforms in Africa: new ideas, opportunities and challenges' delivers what it promises: a diverse and stimulating compilation of perspectives over the relationship between land and the socio-economic conditions of people in Sub Saharan Africa. Its main merits are the reclamation of the political nature of land, the combination of academic and non-academic contributors who break with the monotone and hyper-specialized vocabulary that tend to monopolize conversations around land reforms, and the variety of topics and perspectives (including in disagreement).
South Sudan - Africa’s latest independent country – is facing its second ICSID claim brought by Qatar National Bank, a Qatari State-owned entity (“SOE”). It was reported that the dispute is related to default by the BSS (which is the Central Bank of South Sudan) on the payment of a US$ 700 million loan it borrowed during the civil war.
The role of the international community in achieving adequate access to energy and reducing energy poverty, particularly at the regional level, is the central theme of Dr Victoria R Nalule’s book under this review.