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Ninety Third Sovereign Debt News Update: Macron’s Global South Climate Summit: Stepping Up on Private Climate Finance to Climate Vulnerable Countries – What’s the Allure of Private Climate Finance About?

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.

Editorial: Transforming Climate Finance in an Era of Sovereign Debt Distress

On the sidelines of the Africa Climate Summit this week, the African Sovereign Debt Justice Network will launch its book - Transforming Climate Finance in an Era of Sovereign Distress. This book published by Sheria Publishing House is the result of a two-year long project that brings together the carefully researched insights of a team of talented African researchers. The most significant insight developed in the book is that the emerging dominance of debt driven climate finance solutions is the latest and most significant indicator that the global finance and sovereign debt architecture is irretrievably broken.

Registration now open: International Law Weekend 2023 - Early-bird discount ends September 10

The American Branch of the International Law Association (ABILA) is excited to announce that registration is now open for International Law Weekend (#ILW2023) which will be held October 19-21, 2023 in NYC. The unifying theme for ILW 2023 is Beyond International Law.

Afronomicslaw Academic Forum Guest Lecture Series: Community values and their role in shaping digital trade rules for the AfCFTA Digital Protocol

The Academic Forum is an inclusive and accessible forum that brings together undergraduate and graduate students as well as early career researchers from across the world interested in international economic law issues as they relate to Africa and the Global South. Its goals are to encourage and build core research skills in teaching, research, theory, methods and writing; developing content for Afronomicslaw.org and where possible to encourage authors to submit to the African Journal of International Economic Law; holding workshops and masterclasses on core research skills in teaching, research, theory, methods and writing; and organizing annual poster/essay competitions on international economic law issues.

Afronomicslaw Book Launch Event: Transforming Climate Finance in an Era of Sovereign Debt Distress, James T. Gathii, Adebayo Majekolagbe, and Nona Tamale, Eds.

This book brings together a team of talented young researchers convened by the African Sovereign Debt Justice Network (AfSDJN). Over a two year period they researched and carefully considered how best to transform climate finance in an era of sovereign debt distress.

NEWS: 08.03.2023

The News and Events category publishes the latest News and Events relating to International Economic Law relating to Africa and the Global South. Every week, Afronomicslaw.org receive the News and Events in their e-mail accounts. 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. News and Events with a Global South focus are also often included.

CFP: Young Scholar's Workshop - Canadian Yearbook of International Law and International Law Group, University of Ottawa

The Canadian Yearbook of International Law, Canada’s leading peer-reviewed international legal journal, will host a Young Scholar’s Workshop on November 1, 2023 in partnership with the International Law Group of the University of Ottawa Faculty of Law.

Call for Papers: Exploring the Intersections between Law and Artificial Intelligence

The leaps in AI innovation raise ethical, legal, regulatory, and policy questions regarding what should be regulated, legislated and how it should be done. From the perspective of law, the emergence of AI has unsettled established principles of law, necessitating re-evaluation of regulatory approaches. The role of regulation in creating the environment for AI to flourish has therefore become timely and as various countries and regions are beginning to develop regulatory frameworks for AI, it is crucial to consider the challenges associated with determining what should be regulated, legislated and the appropriate methods to achieve this.

A New Era for Arbitration in Nigeria: The Arbitration and Mediation Act 2023

Established national laws and a reliable judicial system are two features considered crucial by investors when seeking potential investment destinations. Investors often prioritize these factors to guarantee a profitable and risk-free investment. This also holds true for arbitration, as the 2015 Queen Mary International Arbitration Survey Respondents confirmed that the established formal legal infrastructure: the neutrality and impartiality of the legal system, the national arbitration law, and its track record for enforcing agreements to arbitrate and arbitral awards; plays a vital role in the selection of an arbitral seat. For more than thirty years, the Arbitration and Conciliation Act, 1988 Chapter A.18, Laws of the Federation of Nigeria, 2004 (ACA) was Nigeria’s primary legislation governing arbitration. However, new legislation was required to address the complexities and evolving needs of arbitration in the country and align Nigeria’s arbitration practices with international standards. On 26th May 2023, the Arbitration and Mediation Act 2023 (AMA) was signed into law by the President of Nigeria, signifying a significant milestone for arbitration and mediation proceedings in Nigeria. This blog reviews the AMA by focusing on the innovative developments and their importance to the attractiveness of arbitration in Nigeria. Some praiseworthy innovations in the AMA include new provisions on (a) mediation and enforcement of international settlement agreements; (b) recognition and enforcement of interim measures issued by arbitral tribunals, (c) award review tribunal, (d) consolidation of arbitrations and joinder of parties, and (e) third-party funding. Other provisions relate to emergency arbitration, the limitation period for enforcement of an award, and the definition of an arbitration agreement.