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Webinar Series VII: Towards Justice in the International Economic Order: Proposals from the South

This webinar is a collaboration between Afronomicslaw and the South Centre, Geneva, to mark the 25th anniversary of the South Centre. Both the South Centre and Afronomicslaw share a commitment to discuss the protection and promotion of the development interests of countries of the Global South.

Analysis of Ham Enterprises Limited & 2 Others v Diamond Trust Bank (U) Limited & Another

In summary, it is vital to place this case in the broader context of the African Continental Free Trade Area (AfCFTA). Regional financial integration of the sort discussed above, (such as an integrated banking market or a banking union), would significantly benefit the AfCFTA in the light of the bigger regional markets in trade that is now in operation.

Arbitration Award May Now Be ‘Final’: Changes In The Ethiopian Draft Arbitration Law

The traditional way of inserting finality clauses, which is usually crafted as “the decision of the Tribunal is final and binding” may not be useful to waive right to submit to the Bench for review. To sum up, according to the draft proclamation, arbitral awards are final but subject to review by the Bench unless expressly agreed to waive their right for review.

Lessons from Nigeria and Process & Industrial Developments Limited (P&ID)

In this piece, we follow up on Uzodinma’s arguments, especially as it relates to the broader significance of the prima facie case put forward by Nigeria that ‘the GSPA, the arbitration clause in the GSPA and the awards were procured as the result of a massive fraud perpetrated by P&ID.’ Nigeria further argued that ‘to deny them the opportunity to challenge the Final Award would involve the English court being used as an unwitting vehicle of the fraud.’

Afronomicslaw.org is seeking an Editorial Assistant

Afronomicslaw.org, the leading blog on international economic law focused on Africa and the Global South, is looking to hire an Editorial Assistant to provide support to Editors on a regular basis in connection with the blog, the African Sovereign Debt Justice Network Project, (AfSDJN); and other associated projects of the organization.

Balancing the Principle of Finality of Arbitration Awards and the Public Policy of Censuring Illegality: The Case of Nigeria v. P&ID

In Federal Republic of Nigeria v. Process & Industrial Developments Limited (‘Nigeria v. P&ID’),[1] the English court was faced with an application for extension of time to challenge an arbitration award delivered well over two years before the application. The court granted the application despite the delay, on the basis that there was a strong prima facie case of fraud involved. This paved the way for a thorough inquiry into the allegations of fraud, which if proven, would upset the validity and finality of the arbitration award. This article will review the judgment of the court in Nigeria v. P&ID and highlight its contribution to jurisprudence on determining the point at which an allegation of illegality will be allowed to threaten the finality of an award.