World Bank

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.

The limit of cross border flow of personal data is broadly referred to as data localisation and is often justified based on five main concerns. These include the protection of personal data, access to data by local law enforcement, ensuring national security, advancing local economic competitiveness and levelling the regulatory playing field. However, a closer look at these justifications reveal the impact of data localisation on free trade, increase in transaction costs and the efficiency of corporations, stifling of innovation, and hampering of economic growth. With global data flows raising global GDP, it is necessary to ask, what policy trade-offs are necessary to balance the legitimate concerns of countries against the unintended consequences that the impact of data localisation causes? There are four issues relating to the economic impacts of data localisation that emerging regulation in Africa needs to address. These are data ownership and its value, competition, trade, and foreign direct investment.

This is an Interview by Our Founding Editor and Co-Convener, Olabisi D. Akinkugbe, on Channels TV, Nigeria. The interview was conducted on the heels of the 2022 IMF and World Bank Spring Meetings and the African Sovereign Debt Justice Network's Statement.

On the 22nd day of May 2021, AfronomicsLaw Academic Forum held a Guest Lecture titled 'Trade Facilitation: The Key to a Borderless Africa'. The esteemed speakers were Dr Tsotang Tsietsi and Mr Craig Merito, who addressed the role of trade facilitation as a mechanism to enhance intra-African trade. Dr Tsietsi, the first speaker, is a Senior Lecturer at the National University of Lesotho. She holds an LLM from the University of Cambridge and a PhD from the University of Cape Town. Mr. Craig Merito is an international trade expert and consultant with over 25 years of experience. This piece will reflect on the issues raised by Dr Tsietsi before proceeding to those encompassed by Mr. Merito.

On the occasion of their 2022 Spring Meetings, the African Sovereign Debt Justice Network (AfSDJN); the Pan-African Lawyers Union, (PALU); the African Forum for Debt and Development (Afrodad); NAWI Afrifem Macroeconomics; the Jesuit Justice Ecology Network Africa, (JENA); the Okoa Uchumi Campaign; and BudgiT call upon the International Monetary Fund (IMF) and the World Bank to address their unjust governance structures that have roots in the historical subjugation of African countries. African countries did not take part in designing the current international financial architecture.

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.

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.

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.

This event is sponsored by Brooklyn Law School, the Dennis J. Block Center for the Study of International Business Law and the Brooklyn Journal of International Law.

The African Continental Free Trade Area (AfCFTA) needs no introduction anymore. It is arguably the African Union’s biggest project since the launch of Agenda 2063 in January 2013, which is our blueprint for sustainable development and economic growth of our Continent.