Digital Economy

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.

Symposium on the Economic Impacts of Data Localisation in Africa: The Economic Impact of Data Localisation Policies on Nigeria's Regional Trade Obligations

The unrestricted movement of data is a key enabler of the digital economy. However, the development of data protection and data localisation policies is becoming one major area of concern for international trade and investment. Among the mechanisms for protecting individuals is data localisation. This requires that data or a copy thereof (both personal and non-personal) should only be stored and processed locally and should not be exported for processing. The import of this, for instance, is that all data generated within Nigeria must be confined to the boundaries of Nigeria, effectively restricting the flow of data. While localisation of data has significant economic and social benefits, it is also associated with several unintended (negative) consequences, especially from an economic perspective. This is especially true for developing countries like Nigeria that is moving towards greater data localisation with several policies skewed in that direction. This contribution briefly examines the implications of Nigeria’s increasing move towards data localisation on its regional obligations for the promotion of free trade in Africa.

Symposium on the Economic Impacts of Data Localisation in Africa: The Impact of Data Localisation on South Africa's Project of Sustainable Development

A holistic and collaborative approach to data protection and inclusive economic growth is capable of spurring sustainable development, and reducing new patterns of inequalities occurring within South Africa and between South Africa and other nations in the context of the digital economy.

Material Resources, Human Labour, and Data: The Long-Forgotten Elements of the Digital Economy's True Value Chain and an Indication for its Adequate Taxation

Taxing the digital economy has been on the international tax agenda for almost 30 years, revolving about how to tax an industry increasingly based on intangibles, scale effect, and market reach without a physical presence. But following Crawford and Joler’s concept of extractivism (2020; 2021), the digital economy is not only about BATX or GAFAM, but also about material resources, human labor, and data. The article analyses those long-forgotten elements of the Digital Economy’s true value chain, and, as the most recent two-pillar-based reform of the Inclusive Framework does actively exclude them, how those elements could be considered in the reform process.

The World Bank Group presents Programs and Internship: African and African Diaspora Fellows for Infrastructure

We invite you to join a global team that currently works on more than 400 operations for a total value of USD 75 billion, and produces world-class research and knowledge focused on achieving sustainable infrastructure solutions that build better lives in developing and emerging economies.

Call for Papers: The Digitalizing Continent: Examining Challenges and Opportunities of Digital Transformation for Africa

This Call for Papers and workshop, hosted by the Competence Center for African Research (CCAR), University of St.Gallen jointly with the Afronomicslaw.org, seeks to examine the ongoing effort towards digital transformation, and particularly E-Commerce.

Reimagining Corporate Responsibility for Structural (In)justice in the Digital Ecosystem: A Perspective from African Ethics of Duty

Using the question of justice in the digital space to assess current liability regimes, we interrogate the conventional liability regime based on liberal political theory, identify its shortcomings for dealing with the questions of justice raised by the digital space, and propose an alternative to address the identified shortcomings through an alternate perspective of responsibility inspired by the African ethics of duty. This perspective can contribute to the improvement of access to justice and re-center the African ethics of duty in the conversation around quest for justice.

Demystifying Digital Development: How the Indigenization of Knowledge-led Economic Competencies Mediates Maturational Economic Outcomes for Africa and the Caribbean

Knowledge is the base upon which anyone state can conceivably articulate its unique advantage (and distinction) within the global market. Development within this knowledge-led domain will require a wholesale ideological rethink — a redefinition of the Global South, no longer the site of economic dereliction purposed of (raw) material extraction by the Global North but, rather, as the location of knowledge for the use of African and Caribbean knowledge-industry market ambition. The importance of knowledge and digital (technology) as drivers for economic development not only canonizes knowledge as the most crucial comparative advantage in any one state’s economic toolkit but also telegraphs the path of (state) evolution African and Caribbean states must take in individual or partnered initiative. Put simply; knowledge is directly proportional to economic power, which, if left to systemic tailwinds and the unevolved state organism, will continue to remain the remit of those within the knowledge and digital imperium.