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One Hundred and First Sovereign Debt News Update: Zambia and its Official Creditor Committee Agree on a Memorandum of Understanding (MoU) on Comprehensive Debt Treatment

The African Sovereign Debt Justice Network, (AfSDJN), is a coalition of citizens, scholars, civil society actors and church groups committed to exposing the adverse impact of unsustainable levels of African sovereign debt on the lives of ordinary citizens. Convened by Afronomicslaw.org with the support of Open Society for Southern Africa, (OSISA), the AfSDJN's activities are tailored around addressing the threats that sovereign debt poses for economic development, social cohesion and human rights in Africa. It advocates for debt cancellation, rescheduling and restructuring as well as increasing the accountability and responsibility of lenders and African governments about how sovereign debt is procured, spent and repaid.

Judgment of Mr. Justice Robin Knowles CBE in The Federal Republic of Nigeria v Process & Industrial Developments Limited [2023] EWHC 2638

This case has also, sadly, brought together a combination of examples of what some individuals will do for money. Driven by greed and prepared to use corruption; giving no thought to what their enrichment would mean in terms of harm for others. Others that in the present case include the people of Nigeria, already let down in so many ways over the history of this matter by a number of individuals in politics and administration whose duty it was to serve them and protect them.

Ninety Ninth Sovereign Debt News Update: Kenya Begins Talks with the IMF and World Bank on Repayment of USD$2 Billion Eurobond

It is clear that it would not be feasible for the Kenyan government to rely on the reserves at the central bank to pay off the USD$2 billion Eurobond. At the same time, the financial/debt operations in Kenya do not inspire confidence to investors to pour in money into the economy at present. The AfSDJN urges the Kenyan government to proceed with caution in the discussions with IMF and the World Bank for favourable credit market conditions as access to concessional loans at low interest rates. Convened by Afronomicslaw.org with the support of Open Society for Southern Africa, (OSISA), the AfSDJN's activities are tailored around addressing the threats that sovereign debt poses for economic development, social cohesion and human rights in Africa. It advocates for debt cancellation, rescheduling and restructuring as well as increasing the accountability and responsibility of lenders and African governments about how sovereign debt is procured, spent and repaid.

IMF Quota Reforms: Is the appointment of a Third Executive Director for Sub-Saharan Africa a game changer?

The AfSDJN reiterates that at a time when the legitimacy and credibility of the IMF in its relations with African countries is increasingly being called into question, the ongoing quota reform presents an opportunity to right the past wrongs and commit to genuine inclusion and meaningful participation of Africans in the institution. Short of this, African countries will continue to play catch up in a rigged game.

AfSDJN Statement: IMF Quota Reforms: Is the appointment of a Third Executive Director for Sub-Saharan Africa a game changer?

The AfSDJN reiterates that at a time when the legitimacy and credibility of the IMF in its relations with African countries is increasingly being called into question, the ongoing quota reform presents an opportunity to right the past wrongs and commit to genuine inclusion and meaningful participation of Africans in the institution. Short of this, African countries will continue to play catch up in a rigged game.

Webinar: Trade Justice in the 21st Century: Global Perspectives

The global trade system is not neutral. Constructed during the second half of the 20th century, trade rules tend to support the interests of the major trading nations and corporations of that era, while the priorities of the South and the global 99% have routinely been sidelined. Today, while the system can impact us all, affecting our climate, jobs, work conditions, public services and the supply and prices of essential goods, the systematic exclusion of Southern countries from the top-table of trade decision-making has caused Southern perspectives and interests to be sidelined. In this panel we invite eminent speakers from three continents to reflect on these challenges, presenting their perspectives on the trade system, and sharing their priorities for change.

NEW OPEN ACCESS BOOK: Sixty years after independence, Africa and international law: Views from a generation / Soixante ans apres les independances, l’Afrique et le droit international: Regards d’une generation, Apollin Koagne Zouapet (Ed), PULP 2023

This book emerged from the observation that in international law scholarship, few studies have been done on Africa as both object and subject of international law despite the involvement of African states and Africans in the international arena and their active participation in many debates. To fill this gap by examining, sixty years after the independence of African states, the place of Africa in international law and the way international law looks at Africa is the challenge that the contributors to this book, all internationalists of the 1980-1990 generation, have taken up. The book highlights the specificity of a particular African law and examines the African experience in this fi eld from an international law perspective.

Ninety Eight Sovereign Debt News Update: The Inaugural Africa Climate Summit in Retrospect: Climate Financing, but at What Cost?

The African Sovereign Debt Justice Network, (AfSDJN), is a coalition of citizens, scholars, civil society actors and church groups committed to exposing the adverse impact of unsustainable levels of African sovereign debt on the lives of ordinary citizens. Convened by Afronomicslaw.org with the support of Open Society for Southern Africa, (OSISA), the AfSDJN's activities are tailored around addressing the threats that sovereign debt poses for economic development, social cohesion and human rights in Africa. It advocates for debt cancellation, rescheduling and restructuring as well as increasing the accountability and responsibility of lenders and African governments about how sovereign debt is procured, spent and repaid. Focusing in particular on Kenya, Zambia, Zimbabwe, Mozambique, Nigeria and Senegal, the AfSDJN will also amplify African voices and decolonize narratives on African sovereign debt . Its activities include producing research outputs to enhance the network’s advocacy interventions. It also seeks to create awareness on and elevate the priority given to sovereign debt and other economic justice issues on the African continent and beyond throughout 2021.

Book Review: Intellectual Property Law in Nigeria: Emerging Trends, Theories and Practice, D.O. Oriahkogha and A.I. Olubiyi (Benin City: Paclerd Press, 2023)

This is the second collaboration by experts in the field of IP law, Dr. Desmond Oriakhogba and Dr Ifeoluwa Olubiyi, who have come together again to make substantial changes to the first edition of their text which assessed the theories, practices, and emerging trends of IP law in Nigeria. In their resourceful second edition, the authors have taken upon themselves the responsibility of analyzing the dynamic realm of IP law, and how it continues to shape and protect IP property rights in an increasingly multifaceted and interrelated world. They recognize that the Nigerian IP law landscape will need to keep up with technological advancements in the space even as technology continues to develop.

Ninety Seventh Sovereign Debt News Update: Carbon Credit Deal to Potentially result in Liberia Conceding 10% of its Territory to a UAE Firm

The African Sovereign Debt Justice Network, (AfSDJN), is a coalition of citizens, scholars, civil society actors and church groups committed to exposing the adverse impact of unsustainable levels of African sovereign debt on the lives of ordinary citizens. Convened by Afronomicslaw.org with the support of Open Society for Southern Africa, (OSISA), the AfSDJN's activities are tailored around addressing the threats that sovereign debt poses for economic development, social cohesion and human rights in Africa. It advocates for debt cancellation, rescheduling and restructuring as well as increasing the accountability and responsibility of lenders and African governments about how sovereign debt is procured, spent and repaid.