Skip to main content

United Nations

NEWS: 09:30:2022

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.

The African Union Agenda 2063 and the Global Compact for Safe, Orderly, and Regular Migration (GCM): A Case for Complementarity

The GCM has institutional structures at global, regional and national levels that seek to assist member states in the implementation of its objectives. In this regard, integrating the GCM and AU Agenda 2063 will serve a two-fold purpose. The AU member states will have robust and sound migration governance, and at the same time, AU member states will have the resilience to address migration challenges as they implement Agenda 2063. Finding synergies in the implementation of these two policy documents is crucial if Africa wants to harness the potential of migration in boosting its development and at the same time, address migration challenges.

African Union at 20: The Emergence of African Union Law and its Role in the Integration Effort

This short piece explores the role of norm generation at the continental level in Africa and its impact on the integration effort. It examines notable developments in Africa that impact the normative and legal developments, including colonisation, Pan-Africanism, the formation of the Organisation of African Unity (OAU) and the African Union (AU). Particular attention is paid to the AU Constitutive Act and its significance.

African Union's Quest for 'One Voice': A Mixed Picture

The African Union (AU) was built on these unresolved differences that persist to this day. The Constitutive Act of the African Union (Art. 3) assigns to the AU the responsibility to 'promote and defend common African positions on issues of interest to the continent and its peoples.' The AU Commission (AUC) Statutes assigned the task of 'drafting AU common positions and coordinating Member States’ actions in international negotiations' to a Secretariat that had no supranational mandate. The writing was on the wall.

Call for Applications: Three Opportunities at the United Nations Office of the Special Adviser on Africa

These three positions are expected to play a fundamental role in developing OSAA’s Strategic Agenda and promoting a new narrative that contributes to the empowerment of African countries to deliver sustainable development in Africa.

NEWS: 6.16.2022

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.

The Political Economy of the “Bitcoin” Experiment in the Central Africa Republic

Recent developments in the cryptocurrency space have brought the 1942 Churchill words to the fore. Is this the beginning of the end of traditional currency? Or the end of the beginning of digital currency? In April 2021, the Central African Republic (CAR) signed a law adopting bitcoin as an official local currency, alongside the CFA franc. This was part of the country’s broad-based plans to solve exchange rate challenges and integrate cryptocurrencies into its financial system. The signing made the CAR the first African country and the second in the world after El Salvador (which took a similar step on September 7, 2021) to adopt bitcoin as a legal tender. However, CAR’s bitcoin experiment was a controversial move and sparked a backlash from regional and international financial organizations like the Bank of Central African States (BEAC) and the International Monetary Fund (IMF). However, the CAR’s Presidency believes that the move will “open up new opportunities” for the country. In this paper, I examine some of the political and economic implications of the “Bitcoin” experiment in CAR by answering two questions: is the adoption economically viable? Or is it an attempt to undermine the French-backed CFA franc and close ties with Russia?

Forty Third Sovereign Debt News Update: Nigeria’s Debt and Debt Management Office 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.