Sovereign Debt

Twenty-Eighth Sovereign Debt News Update: Incurring and Servicing of African Loans

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.

Twenty Seventh Sovereign Debt News Update: African Countries and Various Streams

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.

Twenty Sixth Sovereign Debt News Update: African Countries Amidst Grants and Loans

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 4Rs of Covid-19: ‘Reflect’; ‘Repair’; ‘Reboot’; and ‘Revolutionise’

The global Covid-19 pandemic is an unprecedented shock hopefully many of us will not be alive to see another as disruptive and pervasive as this one. A health crisis that shut down the entire global economic and trading ecosystem for close to a year; a health crisis that has and continues to reconstitute human beings natural social conditioning; a health crisis that has demonstrated political rhetoric does exactly what it says on the tin ‘listen to my words but don’t see my actions’; and a health crisis that brazenly exposed the insatiable appetite for profit, inequality, and power. Indeed, the global pandemic, 18 months later, is proving that walking and chewing gum is a sticky situation for those who believe in the orthodoxy. This blog is a follow-up to a piece I wrote slightly over a year ago that focussed on the Kenya, and with the benefit of hindsight these reflections do ring true for several corners of the continent. As we begin to consider a world post pandemic, I present my 4Rs of Covid-19 of ‘Reflect’; ‘Repair’; ‘Reboot’; and ‘Revolutionise’ as we aim to build forward together.

Reflections on Day 2 of the AfIELN Biennial Conference: Covid-19 and International Economic Law: Africa’s Experiences and Responses

It is apparent that the issue of private creditors in relation to African sovereign debt is a ticking timing bomb in Africa. Africa, though rich in minerals, has slow economic growth and a serious debt problem. There is thus a need for a harmonised legal framework that deals with the issue of sovereign debt, set a limit on debt levels, and outlines how debt restructuring should occur. Africa cannot afford to wait for the active buy-in of other multilateral players in order to develop this legal framework; Africa needs to drive this initiative. In addition, both players—being African countries and private creditors—must take responsibility to avoid reckless lending. This can also be addressed in a much-needed comprehensive legal framework.

Afronomicslaw Indaba Episode 5 with Professor Anna Gelpern: Understanding Sovereign Debt Today

Welcome to the Fifth Afronomicslaw.org Indaba. Indaba is a Zulu and Xhosa word that refers to a meeting to discuss a serious topic – it also refers to a discussion on a matter of concern or for discussion. Our guest for the Afronomicslaw's Fifth Indaba is Professor Anna Gelpern, the Anne Fleming Research Professor at Georgetown Law and a non-resident senior fellow at the Peter G. Peterson Institute for International Economics. Her Conversation with our Professor James T. Gathii focuses on "Understanding Sovereign Debt Today".

AfIELN 2021 Biennial Colloquium (Virtual): Covid-19 and International Economic Law: Africa's Experiences and Responses, July 23-24, Free Registration Open

July 15, 2021

The African International Economic Law Network (AfIELN), the regional network of the Society of International Economic Law (SIEL), welcomes you to the 2021 virtual colloquium in collaboration with Afronomicslaw Blog.

The theme of this year’s event is "COVID-19 and International Economic Law: Africa's Experiences and Responses" and will be held from the 23rd - 24th July 2021.

Twenty Fifth Sovereign Debt News Update: African Sovereign Debts amidst Thresholds and Policy Standards

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.

Call for Papers: Imperialism and the Political Economy of Global South's Debt

June 23, 2021

Call for Papers

Imperialism and the Political Economy of Global South’s Debt

edited by Ndongo Samba Sylla

To be published by Emerald Publishing, in the Research in Political Economy Series, edited by Paul Zarembka.