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Thirty Eighth Sovereign Debt News Update: Africa’s Bilateral and Multilateral Lenders in Context

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.

Thirty Ninth Sovereign Debt News Update: Kenya, Chad and Congo in Context

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.

Webinar: “Prepare the Future”: Unblocking Global Finance for Post-COVID-19 Recovery in Sub-Saharan Africa

The Africa Task Force of the Vatican Covid-19 Commission hosted by the Jesuit Justice and Ecology Network-Africa (JENA) brings together eminent experts: Professor Jeffrey Sachs from Columbia University, Professor James Gathii from Loyola University Chicago (LUC), Marta Pedrajas, Economy Task Force - Vatican COVID-19 Commission and Professor Horman Chitonge from the University of Cape Town (UCT) to offer suggestions in regard to what the international community can do to establish a more just international financial order that can unblock the flow of global funds to Sub-Saharan African and other developing countries that need it.

The Competition Authority of Kenya Retail Trade Code of Practice

Generally, the objective of the RTCP is to enhance market participants' compliance with Section 24A of the Competition Act that prohibits any conduct that amounts to abuse of buyer power in the Kenyan market. Therefore, the objective of this piece is to briefly summarize the RTCP, unraveling the obligations of the retailer and supplier to enhance compliance with the RTCP in particular.

A Reflection on African Trade and Investment Wars in Context

In this essay, we center some of the intra-African trade wars in context. First, these trade and investment wars reveal the ways in which investors maneuver and respond to the hostile regulatory actions of a hegemon state by moving their investments to a friendlier economy. Our first example between Uganda falls into this category. In response to the actions of the Kenyan government, the investors secured market access in Zambia. Zambia thus became a beneficiary of the trade war between Uganda and Kenya. Second, the trade and investment wars bode well for the future of trade liberalization in Africa under the AfCFTA because this probably points to rising trade volumes between African states. Third, as we show in the context of the examples we discuss, the citizens of States that have taken the more hardline posture on the regulatory measure at the heart of the trade and investment war appear to be worse off in their capacity to generate sustained economic development. Fourth, in some cases, African trade and investment wars are caused by socio-economic conflicts. The xenophobic attacks in South-Africa are illustrative of this example. The xenophobic attacks often escalate to trade wars and retaliatory economic backlashes. Fifth and finally, we loop in the AfCFTA and arguethat the trade wars remain a threat to the realization of the promise of the AfCFTA.